Those Pesky Garden Gnomes

The president of the garden gnome breeders society "Golden Cap" has passed on, and now the hunt for a worthy successor is on. The highly coveted presidency will go to the first society member who succeeds at breeding a gnome with a golden cap or buying one for 4000 Petals. To this end, the society members busily bid on gnomes for breeding, send them to beauty contests or of course to work in the garden. Who will be the first to breed a golden-capped gnome?