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The Austin area was originally occupied by bands of the Western Shoshone people. The city of Austin was mapped out in 1862 by David Buell. This was during the American Civil War, and the Union was eager to find new sources of precious metals, especially gold, to support the war effort. The city was named after Buell's partner, Alvah Austin, during a silver rush. The valued metal was reputedly found when a Pony Express horse kicked over a rock and observers noticed the silver. In 1862, it was designated as the county seat of Lander County. (In 1979, after the center of population had shifted, the county seat was shifted to Battle Mountain.) By summer 1863, Austin and the surrounding Reese River Mining District had a population of more than 10,000, mostly European Americans attracted to the silver boom. In January 1864, a petition was created to combine Clifton, Austin and Upper Austin into the "City of Austin." The Governor signed the bill in February 1864. In 1864, the town launched Reuel Colt Gridley's impromptu fundraising drive that raised over $250,000 for wounded Civil War veterans, by repeatedly auctioning a sack of flour.

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