In July 1829, after Joseph Smith completed the translation of the Book of Mormon, he sought a printer to publish the text. He found E. B. Grandin, a printer in Palmyra, who was hesitant but ultimately agreed to print 5,000 copies of the book. Grandin's reluctance stemmed from his skepticism about the commercial viability of the Book of Mormon, leading him to demand an upfront payment of $3,000. To secure this deal, Martin Harris, a successful farmer with approximately 240 acres in Palmyra, New York, agreed to use his farm as collateral.¹ However, 18 months later, when the debt was due, the sales of the Book of Mormon had not met expectations, resulting in Harris losing 151 acres of his farm.²

1. Saints, Volume 1, Chapter 8, 77-78

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2. "The Contributions of Martin Harris," churchofjesuschrist.org