Mokelumne Hill was one of the richest gold mining towns in California. Founded in 1848 by a group of Oregonians, the placers were so rich that the miners risked starvation rather than head to Stockton to replenish their supplies (one finally did and made it rich by becoming a merchant). Soon after, gold was discovered in the nearby hills, so much so that miners were restricted to claims of , and yet many of those claims were reported to have paid up to $20,000.