Placerita Canyon, site of the first gold strike in California in 1842. Some $80,000 dollars of gold was washed out of this sandy arroyo in pans, carried in saddlebags to Los Angeles, assayed and bought up by Abel Stearns, schlepped on to San Pedro, loaded onto a California clipper, put into the captain’s safe, and shipped around the Horn to the U.S. Mint in Philadelphia. There, it was coined into gold dollars.
Originally called Canyon de los Encinos (”of the Oaks”), the spot has been known since the gold strike as “Placerita.” A placer is a deposit of scattered surface gold, in a meadow or along the bottom of a canyon, and usually among the sands and gravel of an arroyo or a wash. Thus, this canada is a “sweet little placer.” It is also a protected treasure trove of Southern California native plants.
Francisco Lopez was the mayordomo – ranch overseer – for the del Valle family who owned Rancho San Francisco. The colorful legend of the Lopez discovery is told on the plaques. Thanks to the local realtors; their supplementary plaque augments the facts-only state plaque. (The realtors’ plaque records the oral legend about Lopez’s dream. Foundation-myth romance is a realtor’s stock-in-trade; their interest suffers when local history is swindled of its romance. Why not give Lopez a dream?)