After the iron works closed, the site fell into disuse and became hidden by underbrush. In 1898, the Lynn Historical Society erected a historical marker near the site which read "The First Iron Works. The first successful iron works in this country established here. Foundry erected in 1643.
Joseph Jenckes built a forge here in 1647 and in 1652 made the dies for the first silver money coined in New England. In 1654 he made the first fire engine in America." Eventually, the plaque too became obscured by the underbrush and remained camouflaged until it was discovered during the restoration of the Iron Works. In 1915, antiquarian
Wallace Nutting purchased the Appleton-Taylor-Mansfield House, a 1680s farmhouse near the iron works site which was believed to be the former home of the ironmaster of the Saugus Iron Works. He renamed the home Broadhearth and undertook an extensive, albeit embellished, restoration of the home. Nutting used Broadhearth to showcase his collection of antiques, photographs, and reproduction furniture. In 1917 he added a blacksmith's shop to the property and hired a blacksmith to manufacture and sell reproductions of early ironwork. In 1920, Nutting, who was having financial troubles, sold the house to Boston antiques dealer Charles L. Cooney. After Cooney's death, his widow sold it to another Boston antiques dealer, Philip Rosenberg. Upon purchasing property, Rosenberg promised Louise Hawkes of the Parson Roby Chapter of the
Daughters of the American Revolution that he would only sell the house to the DAR or the Town of Saugus. In 1938, the DAR purchased a piece of the former Iron Works property out of foreclosure for $50. In 1941, Rosenberg offered to sell the house to Saugus and the DAR, however neither could meet his asking price. Instead he reached an agreement with the Alumni Association of the Henry Ford Trade School, which intended on moving the building to
Henry Ford's
Greenfield Village in
Dearborn, Michigan. News of the impending move caused outrage amongst Saugus residents and preservationists who, after extensive discussions, convinced Henry Ford not to acquire the building. In exchange, Ford wanted the Alumni Association reimbursed what it spent on the property. Fundraising efforts in Saugus were disappointing, so
William Sumner Appleton, President of the
Society for the Preservation of New England Antiquities, proposed splitting the cost between the state, town, and the public. When it became clear that this plan would not work, Appleton created a nonprofit, called the First Iron Works Association, to purchase and maintain the property. In 1943 the First Iron Works Association (FIWA) purchased the farmhouse as well as the DAR's piece of the former Iron Works property. In September 1948, FIWA president J. Sanger Attwill approached archaeologist
Roland W. Robbins who had discovered the site of
Henry David Thoreau's cabin on
Walden Pond about trying to find the site of the Iron Works. Robbins was interested in the idea of digging at a site that was over three hundred years old, the challenge of working on a site where there little information, including no plans or sketches, and the opportunity to work at what may have been the first iron-manufacturing plant in the American colonies. Robbins' excavations uncovered the major manufacturing units of the Iron Works, including the foundations of buildings, remains of the blast furnace, holding ponds, and canal, a 500-pound hammer used in the forge, and a waterwheel that powered the bellows for the blast furnace, along with its wheel pit. The wheel was saved by biologists from
Harvard University, who developed a process to preserve it. of the
Massachusetts Institute of Technology), metallurgic experts, specialists from
Harvard University's biological laboratory and
botanical museum, and a professional photographer. He also received assistance from collectors and experts, including
Smithsonian curator
C. Malcolm Watkins, MIT professor
Herbert H. Uhlig, and Harvard professor
Elso Barghoorn. Robbins abruptly left the Iron Works in 1953. Robbins departure came not long after a dispute with Bent, who wanted Robbins to give tours of the excavation site on weekends in addition to his other duties. According to archaeologist and author
Donald W. Linebaugh, it was also due in part because of the decision of the FIWA to base the reconstruction of the Iron Works primarily on documentary evidence instead of archaeological evidence. Robbins also clashed with the project's architects, thinking them to be ignorant about and uninterested in archeological data. The Boston architecture firm of
Perry, Shaw & Hepburn, Kehoe & Dean, which was responsible for the restoration of
Colonial Williamsburg, was hired to reconstruct the Iron Works. The reconstruction was based on archeological evidence and historical documents, as well as partially on conjecture. The Saugus Iron Works was opened on September 18, 1954, the first day of Saugus' three-day celebration of the town's 325th anniversary.
Benjamin Franklin Fairless, chairman of
U.S. Steel, served as master of ceremonies at the dedication. Also participating in the ceremony were Senator
Leverett Saltonstall, Governor
Christian Herter, First Iron Works Association President J. Sanger Attwill, and
Inland Steel Company chairman Edward L. Ryerson. ==Becoming a National Park==