To quote from Official Web Page of National Historical Association
"Built in 1746 by Nathan Wilbur, a sailor who had spent time in
Holland, the "Old Mill" is the oldest functioning mill in the country.
It is the only surviving mill of the four "smock mills" that once stood
overlooking Nantucket town. There was a fifth Nantucket mill called "Round-Top
Mill" on the site of the present New North Cemetery.
Smock mills have a fixed body containing machinery and a cap that turns to
face the sails into the wind. The Old Mill was sold for twenty dollars in 1828
to Jared Gardner in deplorable condition for use as "firewood."
Instead of dismantling it, Gardner, a carpenter by trade, restored the mill
to working condition capable of grinding corn.
The mill was sold once again in 1866 to John Francis Sylvia,
a Portuguese miller of Azorean descent, who operated it for many years with his
assistant Peter Hoy until it fell into disuse in 1892. In 1897 Miss Caroline
French purchased the mill at an auction for $850 and donated it to the Nantucket
Historical Association."
Image from Flickr is by versageek
Image from Flickr is by capegirl52
Image from Flickr is by Massachusetts Office of Travel & Tourism
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Original Google Street View
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Source of info: Official Web
Page of National Historical Association
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