Queen Charlottes Gold Rush Queen Charlottes Gold Rush The Queen Charlottes Gold Rush was a gold rush in the southern Queen Charlotte Islands (Haida Gwaii) of what is now the North Coast of British Columbia, Canada, in 1851. The rush was touched off in March 1851 when a Haida man sold a 27-ounce nugget in Fort Victoria for 1,500 blankets. The crew of the Hudson's Bay Company vessel "Una" were the first to mine, discovering a vein 6.5" wide, 80' long at 25% gold content. As the crew began blasting, Haida would rush into the blast site to gather gold, competing with the crew.
California Gold Rush even prefabricated houses arrived from China. The return of large amounts of California gold to pay for these goods raised prices and stimulated investment and the creation of jobs around the world. Australian prospector Edward Hargraves, noting similarities between the geography of California and his home country, returned to Australia to discover gold and spark the Australian gold rushes. Preceding the Gold Rush, the United States was on a bi-metallic standard, but the sudden increase in physical gold supply increased the relative value of physical silver and drove silver money from circulation. The increase in gold supply also created a