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John Sutter, the owner of Sutters Mill, he moved to California where he was granted lands on the Sacramento River by the Mexican governor. As a result, he constructed Sutters Mill. -
James W. Marshall founded gold at Sutter's Mill in one of John Sutter's stream beds. -
New York Herald first major newspaper on East coast to report the discovery of gold in California -
Over 90,000 people migrated to California this year, with about 20% passing away within the first six months. Additionally, over 490,000 troy ounces of gold were collected.
One Troy ounce is equal to 31 grams of gold. -
On his land, John Sutter enforced a monthly tax of $20 on foreign miners who were engaged in mining activities. -
On September 9, 1850, they declared California as a state. -
In 1851, California's mines produced over $75 million worth of gold. -
The Gold Rush peaked in 1852 when people from around the world came to California to mine gold and try to strike it rich. -
The San Francisco Mint has been opened by the US Government to convert the gold of California into standardized gold dollars. -
Estimated more than 300,000 people moved to California since the beginning of the Gold Rush.