| Dollar Island | |
| Map: | New York |
| Location: | Fourth Lake |
| Coordinates: | 43.7608°N -74.8061°W[1] |
| Elevation Ft: | 1706 |
| Country Admin Divisions Title: | State |
| Country Admin Divisions Title 1: | County |
| Country Admin Divisions 1: | Hamilton |
| Country Admin Divisions Title 2: | Town |
| Country Admin Divisions 2: | Inlet |
Dollar Island is an island on Fourth Lake in Hamilton County, New York. It is less than an acre in size and sits no more than six feet above the water.[2] As the Fulton Chain of Lakes began to develop following the construction of a dam in Old Forge in 1811, a letter written in 1849 refers "a small island called Dollar Island from the rotundity of its shape."[3] The Camp on Dollar Island was constructed by guide Fred Hess for Dr. Edward Gaylord, an early summer resident of the area, in the mid 1880s.[4] Dr. Gaylord died in 1925 bequeathing the Camp to his long-time nurse/companion, Edith Smith, who continued to summer on the Island until 1960.[5] The two-story log structure remains largely original and was placed on the National Register of Historic Places in 2017.[6]