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"Gold From Sea Water" Pamphlet


Martha's Vineyard Museum

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About this artifact

In 1896 Prescott F. Jernegan claimed to have invented a method of extracting gold from sea water. The device used, called the Gold Accumulator, consisted of a box with holes cut through it to allow the free passage of water. Inside the box was a pan of mercury mixed with a "secret ingredient". After selling many of the "Accumulators" the elaborate scheme turned out to be a hoax. When it was discovered that Jernegan and Fisher had lied to their investors, they both fled the country. Neither Jernegan or Fisher were ever caught. Later, Jernegan did refund $75,000 of the money he had stolen from investors.

Width: 5 1/2" Length: 8"
The Electrolytic Marine Salts Company

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