Uses
The nuts were once an important economic resource in the US, being sold on the streets of towns and cities, as they sometimes still are during the Christmas season (usually "roasting on an open fire" so their smell is readily identifiable many blocks away). Chestnuts are edible raw or roasted, though typically preferably roasted. Nuts of the European sweet chestnut are now sold instead in many stores. One must peel the brown skin to access the yellowish-white edible portion. The unrelated horse-chestnut's "conkers" are poisonous without extensive preparation.
The wood is straight-grained, strong, and easy to saw and split, and it lacks the radial end grain found on most other hardwoods. The tree was particularly valuable commercially since it grew at a faster rate than oaks. Being rich in tannins, the wood was highly resistant to decay and therefore used for a variety of purposes, including furniture, split-rail fences, shingles, home construction, flooring, piers, plywood, paper pulp, and telephone poles. Tannins were also extracted from the bark for tanning leather. Although larger trees are no longer available for milling, much chestnut wood has been reclaimed from historic barns to be refashioned into furniture and other items. "Wormy" chestnut refers to a defective grade of wood that has insect damage, having been sawn from long-dead, blight-killed trees. This "wormy" wood has since become fashionable for its rustic character.
This tree is not considered a particularly good patio shade tree because its droppings are prolific and a considerable nuisance. Catkins in the spring, spiny nut pods in the fall, and leaves in the early winter can all be a problem. These characteristics are more or less common to all shade trees, but perhaps not to the same degree as with the chestnut. The spiny seed pods are a particular nuisance when scattered over an area frequented by people.
Read more about this topic: American Chestnut