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Sub Treasury

SUB – TREASURY & GOLD RECEIVER

The Sub Treasury is currently closed for refurbishment

1856 Worked under the Gold Warden to handle & Prepare gold for the 2 weekly escorts to Melbourne.

1850’s
Price for gold was 4 Pound an ounce.

1855
Escort took 192,000 ounces to Melbourne

1857
Escort took 350,000 ounces to Melbourne

1855
April & March 1857 Bank of New South Wales purchased over 300,000 ounces

1857
Addition added at rear 2 offices and a strong room, barred windows and a massive gold vault – stronghold for the precious metal.

1880’s
Sub-treasury became the Beechworth Police Station

1997
The Police Station shifted to a new Police Station around the corner, opposite Prison

There is no record of the Sub Treasury ever being robbed.How much gold taken out of the Beechworth Sub Treasury unofficially is unknown.

GOLD WARDENS OFFICE

Wooden structures stood on this site until 1859 – 60.

1852	First Gold official arrived in the Ovens Goldfields
1853	Understaffing & Incompetence were a problem because of roving chinese. Population of 8,000 miners, only 3 Gold Commissioners & inadequate police presence.
1855	June changed from Commissioners to Wardens.
1859 – 60	Built. Gold Commissioners were unpopular because they enforced unpopular tax of 30 shillings a month to maintain order on the goldfields it did not discriminate between the wealthy miner and the miner and the one not makes ends meet. He settled claims, receive & guards gold for escort, maintain order on Goldfields.They had to cover great distances on horseback, issuing miners right & business licences, measure claims, settle claim disputes, determine water rights & preside as police magistrates at petty sessions or chair local courts.