Lakes District Museum
Don't leave Arrowtown without dropping in to this small but very cleverly constructed museum. It gives a great insight into the history of the area, with artifacts of the gold-rush days and even a whole streetscape underground, complete with Victorian schoolroom, bakery, and blacksmith. There's also an information center, small bookstore, and gallery. You can even rent a pan for NZ$3 and get gold-panning tips to try your luck in the nearby Arrow River. When your patience frays and your hands go icy, keep in mind that a hobby prospector found a 10-ounce nugget in this very river in 2006. (He sold it on eBay for NZ$15,000).