It appears that early in the century some profit was being made from the sale of furs in England, for Thomas Studley, who was in charge of the first storehouse at Jamestown, wrote that "one mariner in one voyage hath got so many [furs] as he confessed to have solde in England for £30."
William Strachey, who lived at Jamestown in 1610-1611, described a trading expedition made by Captain Samuel Argall in 1610:
Within this river, Captayne Samuell Argoll in a smale river which the Indians call Oquiho. Anno 1610. trading (in a bark called the Discovery) for corne, with the great king of Patawomeck, from him obteyned well neere 400. bushells of wheat, pease and beanes (besyde many kind of furrs) for 9. powndes of copper, 4. bunches of beades, 8 dozen of hatchetts, 5 dozen of knives, 4 bunches of bells, 1. dozen Sizers, all not much more worth than 40s. English....
It is evident, therefore, that the Jamestown colonists who traded their colorful beads and trinkets to the woodland Indians in exchange for food and other commodities—including furs and hides—were the pioneer English fur traders in the New World. The experiences which adventurers like Christopher Newport, John Smith, and Samuel Argall had with the cunning Virginia aborigines were just as exciting and stirring as those shared by the hardened trappers and traders who searched the Rocky Mountain streams for beaver two hundred years later. The hunt for furs which began at Jamestown in 1607 did not diminish until the western boundary of the United States had expanded to the shores of the Pacific Ocean during the middle of the nineteenth century.
Photo courtesy National Park Service.
Objects Found At Jamestown Which Were Used For Trading With The Indians Shown are glass beads, bell fragments, a hatchet, scissors, knives, and an incomplete brass pan.