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Aug 29 "The Mediator"

Aug 29 Smithson's Gift Arrives in New York

 

Aug 29 Smithson's Gift Arrives in New York

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Year: 
1838
Month: 
august
Day: 
29
Date: 
Wed, 1838-08-29
SIA Image reference: 

James Smithson's legacy, in the form of British gold sovereigns packed in eleven boxes, as well as his personal effects, arrive with Richard Rush on the ship "Mediator" in the harbor of New York. The personal effects are deposited with the collector of the Port of New York on September 1. The gold is immediately deposited with the Bank of America, until September 1, when it is transferred to the Treasurer of the United States Mint in Philadelphia. The £104,960 and 8 shillings, 6 pence in gold sovereigns is melted down and reminted into United States coins worth $508,318.46. Smithson's personal effects remain in New York until June 1841, when the National Institute requests they be sent to Washington.