Australian gold rushes offered rewards by the Colony of New South Wales and the Colony of Victoria. Before the end of the year, the gold rush had spread to many other parts of the state where gold had been found, not just to the west, but also to the south and north of Sydney. The Australian gold rushes changed the convict colonies into more progressive cities with the influx of free immigrants. These hopefuls, termed diggers, brought new skills and professions, contributing to a burgeoning economy. The mateship that evolved between these diggers and their collective resistance to authority led to the emergence
1851 $50 Humbert 1851 Humbert $50 Ingot 1851 $50 Humbert The 1851 Humbert $50 gold ingot was an ingot produced by Moffat and Company, under the direction of Augustus Humbert (U.S. Assayer of the treasury) This "coin" while technically an ingot, was still used and unofficially considered currency. It was also the largest ingot produced during the California Gold Rush, weighing almost 2.5 oz. During the gold rush of 1849, the US Treasury department hired private companies to mint coins before they could properly set up a mint. The U.S. Treasury was much more practical and would often mint coins near the location