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All the gold mined in the California gold rush

All the gold mined in the California gold rush

Between 1848 and 1855, an estimated 750 tons of gold were extracted in California — worth over $75 billion in today’s prices ($3,115.05/oz).

If you were to squish it all into a single rectangular chunk, it would come out to 2.8 meters tall × 2.5 meters wide × 2.5 meters long as visualized.

The Data:

This figure is based on historical estimates from sources including American Bullion Inc. and corroborated by U.S. Geological Survey archives. At the time, the gold was valued at ~$16 an ounce (around $423M in 1850s currency), but at modern market prices (averaging ~$2,000/oz in recent years), the total haul would exceed $75 billion USD (inflation adjusted).

Note here that purity differed between different mines and that the visual depicts the size of the chunk based on a 19,320 kg/m density (pure gold).

Related Facts:

⛏️ The gold rush began when James W. Marshall discovered gold at Sutter’s Mill in Coloma, California, in January 1848.

👥 It triggered one of the largest mass migrations in U.S. history — by 1855, over 300,000 people had arrived in California seeking fortune.

🌍 Prospectors came from Latin America, Europe, Australia, and China, permanently reshaping California’s demographics.

🛠️ While a few struck it rich, most miners earned modest or no returns, while suppliers and merchants often profited the most.

🏛️ The gold rush accelerated California's admission to the Union in 1850 and was a catalyst for U.S. westward expansion.