Warehouse and Fancy Goods Emporium remains in its original state, with the original rectangular parapet containing the name of the store. It presents to the street as it did when photographed by Merlin in 1872. This shop has a large shop area at the front with doorway access to the street and a large showcase window. To the rear of the shop space is a small space opening to the back yard. The American Tobacco building appears to have been the first constructed, and retains much of its original fabric. The Greatest Wonder store was largely rebuilt in 1876 when, as the town grew and became more prosperious the owner upgraded the building with the aim of it becoming the town's post office. The timber and corrugated walls were replaced with rubble stone walls and brick quoining. Full windows front the street on both side of the central doorway. The parapeted gable was removed and a bull nose verandah added to the street facade. Behind two shop fronted buildings there was a timber-framed house the first room of which predated the stone wall at the rear of the shop. This was the one room cottage of owner Samuel Trevenen Bishop. This structure no longer stands. The buildings were in fair to good condition as at 2 March 2016. Heritage listing The Greatest Wonder of the World and the American Tobacco Warehouse and Fancy Goods Emporium are of state heritage significance as they demonstrate the impact of the gold rushes on the creation and development of towns and villages in NSW. The state heritage significance of the two buildings is enhanced through their association with the Holtermann Collection of photographs, which provides a unique documentation of the development of the colony in the 1870s. Through the collection, the buildings have an historic association with Bernhard Otto Holtermann, a German gold miner, sponsor of the Holtermann Collection, entrepreneur and later Member of the Legislative Assembly. The buildings have state level aesthetic significance as they are now rare and representative examples of rough, "erected-in-a-hurry" vernacular buildings, built to service the burgeoning gold rush population around Gulgong-one of the richest goldfields in NSW. The 1876 remodelling of "The Greatest Wonder of the World" is an example of the innovative reuse of a simple earlier structure as a more substantial building. The buildings are also increasingly rare examples of still-standing goldfields buildings documented in the