Otago Gold Rush Otago Gold Rush The Otago Gold Rush (often called the Central Otago Gold Rush) was a gold rush that occurred during the 1860s in Central Otago, New Zealand. This was the country's biggest gold strike, and led to a rapid influx of foreign miners to the area - many of them veterans of other hunts for the precious metal in California and Victoria, Australia. The rush started at Gabriel's Gully but spread throughout much of Central Otago, leading to the rapid expansion and commercialisation of the new colonial settlement of Dunedin, which quickly grew to be New Zealand's largest city.
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