On this Day: GOLD!!

The discovery of the largest single piece of gold was on the 19th October 1872, in the Star of Hope Mine, Hill End, New South Wales. The ‘nugget’ weighed 286kg and was 1.5 metres long. The find was named the Holterman Nugget after Bernhardt Holterman who was one of the partners in the mining company that extracted it. The claim was widely publicised throughout the Colony, further fuelling the mining frenzy of the time. The Sydney Morning Herald from the 25 October 1872, relayed how wonderful the find was and how the reporter, and ‘nearly the whole town’, went to look and marvel at its size. It was on display for all to peruse and even ‘many of the fairer sex’ were interested in the discovery. The gold was worth approximately 12,000 pounds at the time, roughly equivalent to about 7 million dollars today. Holterman retired a wealthy man and focused on his love of photography.

The Sydney Morning Herald, 25 October 1872. p.3.

This Day in History. Australian History.

http://today.wmit.net.au/?today_entry=512&today_session=493df2bce50ecfe21aec16114ca90bcb

Photo: B.O Holterman with the Holterman Nugget, ca. 1874-1876 / photographer American & Australasian Photographic Company. State Library of New South Wales.  http://acms.sl.nsw.gov.au/item/itemLarge.aspx?itemID=888373

Photo: B.O Holterman with the Holterman Nugget, ca. 1874-1876 / photographer American & Australasian Photographic Company. State Library of New South Wales. http://acms.sl.nsw.gov.au/item/itemLarge.aspx?itemID=888373