The money pit originally contained two caches of treasure—two chests at about 100 feet and another encased in “concrete” at 154 feet.
According to its value stated at two million British Pounds, it would have been 1,387,500 troy ounces of gold, or a little less gold with some jewels.
It’s gone now. Robert Dunfield has already secretly recovered and hid it to avoid taxes and/or seizure by authorities.
In 1965, he brought in two bulldozers and removed 12 feet of soil from the top of the money pit area and pushed it down toward the beach at Smith Cove. That lowered the top of the money pit down to an elevation to only 14 feet—18 feet below its original elevation of 32 feet.
Then he built the causeway, brought in a 70 ton digging crane, and dug a huge pit—100 feet wide and 140 feet deep (an effective depth of 158 feet into the money pit). This was more than ample to reach both caches, including the lower one encased in the “concrete.” The pit was easily large enough to reach the right place. The treasure is gone with him.
What did he do with it? He obviously hid it, but where? A likely possibility would have been a secret Swiss bank account. Back in 1965, these accounts were untouchable by authorities and any others who would try to access or seize it.
Robert Dunfield is long gone, but somebody has obviously inherited it—family members, or selected friends. Has anybody thought about tracking them down?
First and foremost the audience needs to understand that this is a reality television show and if a treasure is found it means that the show ends. Don’t expect any treasure to be found.
From a professional perspective, having been involved in treasure hunting for over 50 years and running one of the largest treasure hunting forums on the Internet I find it very telling that the individuals on the show do not know how to use detecting equipment properly and have “found” artifacts that were obviously planted. Quite simply a maravedis in a salt bog environment will not look like a coin straight from a coin dealer. I own plenty of these to back up that statement. When these shows “plant” their recoveries it demonstrates a certain amount of fraud and hoax. In the words of a friend who was on another show, “No finds…No show”!
If you are watching the show for entertainment value then it can be a lot of fun. If you are watching it to be able to learn the truth of the treasure legend then you’re looking in the wrong place.
Something may have existed at one time on Oak Island but there is absolutely no evidence that Pirates, Vikings or the Knights Templar were ever there or buried anything on Oak Island. There is also no evidence that anything exists today. If these gentlemen have the excavation permits then why haven’t they brought in a dragline and made short work of this? Surely you want to recover the treaure, unless you already know there’s nothing there and you’re now milking the cash cow television show for your treasure!
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Assuming there was treasure in the first place, it’s probably long gone as it has no doubt been found, moved, used or even hidden somewhere else. My problem is that the stories of the boys: Daniel McInnis, John Smith and Anthony Vaughn were fabricated by adults and if that is true, then the story of Anthony Graves is just that. A story, as the property is eventually handed to Graves in which the stories are linked together. So if the original story is a fabrication so is the result when it comes to Graves.
There could be some measure of truth to this person named Anthony Graves coming into some money, but I don’t think it had anything to do with the ‘treasure’ found on the island, but it really would be hard to prove either way.
My birth family had moved there from Germany beginning in the late eighteenth century who lived and worked in, around and on the island along with other related families as farmers and later as miners. No doubt the tons of people working on the island over the years could have stumbled across something. The family I come from is the biggest one currently in Nova Scotia, especially around that area and it’s a very closed knit community and hardly any want to talk about Oak Island let alone other things. It’s a touchy subject and not something they’re interested in talking about. Still, I would think that my family along with others had long since explored that island before Graves would make a supposed treasure discovery.
So basically the story in which leads up to Graves suddenly striking it rich is just as a fabrication as the story of the three boys. The only common element in this and other stories was that important items (or treasure) had been found, used and removed. Lastly, when it comes to the “seven must die” legend I have serious doubts especially from the death late last year of Matt Chisholm who was an associate producer of the show.
There’s just a lot of stories and folklore about this place which keeps people coming back and unless someone proves they’ve found the Ark of the Covenant, they’ll keep searching for treasure.
Sure he could. Also I must mention that great historical relics like the lost Ark, while intriguing, it appears more likely that if in fact it ever truly existed, which is questionable, it surely had been melted down aeons ago at some date, it’s gold possibly used to cast a commemorative bust of Marduk perhaps, I think the Babylonians may be the perpetrators of that particular item’s passage into myth and fog. And then also it’s common sense that very few if any “pirates” would be wasting time burying treasure chests, on a beach much less hundreds of feet down under complicated booby trapped earthworks of apparently rather sound engineering probably not possible at all for a ship or even a few ships’ crews of outlaw ne-er do-wells, sunburnt and eager to party down with all that gold. Burying it seems flatly stupid, not a very wise order for the captain’s health and future at all. Upon peeling back it’s layers, the more peeled the more it just stinks,…the pirate chest angle not the onion. But nothing is truly impossible then and I’m certain stranger things HAVE and SHALL happen. I wish them luck and good fortune
The team did find a 13th century cross that the Knights Templar used to smuggle gold and a brooch containing a 500-year-old faceted red gemstone
Not yet, I believe there was just another group of people digging but they ran out of funding, they had a tv show but it’s pretty much a waste of time and they don’t do anything on it, I dot remember the name but I’m sure you’d find it by just searching oak island tv show
Right off the shores of Nova Scotia, there are over 300 islands sprinkled around the Atlantic coast of Canada. One among them, however, has captured the world imagination for hundreds of years with such gusto that it’s led some to obsession or even death. The small 140-acre landmass is none other than Oak Island which has become the host of one of the greatest unsolved mysteries in modern history. Oak Island’s first treasure hunters. The world’s fascination with Oak Island dates all the way back to 1795 when a teenage boy named Daniel McGinnis noticed some strange lights out on Oaks Island. So, just as any adventurously minded boy would do, young Daniel went on over to check things out. While exploring the island, he came across a strange depression in the island’s surface where a group of large trees looked to have been removed. The large circular depression appeared to be about 13 feet in circumference and, according to legend, had a block and tackle hanging over a tree limb directly over the sunken earth. Convinced he might have stumbled onto an interesting find, Daniel went back home and got his two pals, John Smith and Anthony Vaughan, to come back out to the site with him the next day. You don’t have to be a rocket scientist to figure out what was probably going on in the three boys’ minds. Given that the golden age of piracy had taken place between 1640 and 1730, whose first thought wouldn’t have been that the strange depression might mark the site of buried treasure? Not to mention that the islands had been a popular stop for pirates back in the day, given that they were far enough out from civilization to provide plenty of privacy. So, the guys began to dig. It wasn’t long before they were rewarded with evidence that the hole was no natural phenomenon. Just two feet below the surface, they discovered a layer of rock which they excitedly cleared away. A little deeper down, they discovered what were clearly the marks from old pickaxes along the walls of clay that seemed to form an underground tunnel. It wasn’t until they got to ten feet deep that the frustration began to set in. There they discovered a layer of wooden beams lodged into the sides of the tunnel that formed a sort of wooden platform. Awesome! Must be treasure right beneath, right? Wrongo. Beneath that, they found nothing but more dirt. So they dug another 10 feet, only to find another wooden platform beneath which there was more dirt. Well, this could only go on for so long before the treasure hunters were forced to admit that they were kids who lived in the 1700s and that they may not have the resources available to tackle such a tricky mystery. None the less, the legend of the Oak Island money pit was born. The adventure continues through the centuries. This gave rise to literally centuries worth of treasure hunters who have tried to unearth the treasure that’s still believed to lie at the bottom of the money pit. Along the way, several interesting clues have been unearthed. In 1804, a group of men called The Oslow Company headed over to the island to try their luck with the mysterious hole. Picking up where the boys had left off, they confirmed the pattern that every 10 feet down or so, there was another wooden platform. When they got down to 60 feet, however, they did discover something rather curious. The platform they found there was lined with coconut shell fibers, which was significant because coconuts are not indigenous to the area. That gave them hope that whoever had constructed the tunnel had probably brought over coconuts from the Caribbean. Thanks to Johnny Depp, we all know that the Caribbean was a favorite hangout of pirates. So they kept on digging as platform after platform revealed itself. At 90 feet, they discovered a mysterious stone marked with strange carvings. It wasn’t until nearly half a century later that someone would propose to have deciphered the strange message carved into the heavy stone that the treasure hunters brought home. In 1860, a language professor named James Leitchi used a cipher which he claimed revealed the hidden message. Apparently, the stone read, “Forty Feet Below, Two Million Pounds Are Buried.”
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I believe there atleast was treasure, there’s evidence it was found hundreds of years ago and rick and Marty Laguna are just dumbasses.
The man who discovered the treasure is most likely a slave named Samuel Ball
Samuel ball born in South Carolina 1765 was a slave to a poor family, he eventually went to New York where he served in the American revelotion for the majority of the war. For his participation in the war he was then freed from slavery and moved to shelburn NS, he was treated very poorly though so he ended up buying a farm on oak island consisting of 36 acres, there was no information to date when exactly he moved to oak island butafter the war he spent 2 years in shelburne and 20 years in Chester making the time frame about 10 years after the discovery of the money pit, there’s almost no information about him so the next thing I found about him it’s 10–20 years later and he’s one of the richest men in Nova Scotia
To summarize I think it’s quite odd that a slave living on oak island with a medium sized farm suddenly became very rich, the history in between these events is fuzzy but I find it hard to believe he just worked his ass off at a farm and became ridiculously rich, I believe he found atleast a portion of the treasure
I remember seeing the guy who wrote the Reader’s Digest article on (I think) the Dick Cavett show. I’ve been fascinated since and followed developments though not closely. Because, after a few years it all became the same: small items that maybe, kinda hinted at a larger cache.
Fast forward to the TV series. The engineering feats are breathtaking in scope and execution and have put definitive lines under many, until now, murky theories. However, we’re still getting small items that maybe, kinda if you tilt your head a certain way, hint at a large “treasure.” And though these finds in and of themselves constitute treasure of a sort because no knowledge is worthless, I don’t think they indicate in any way a treasure vault. Let alone chests containing whatever. I’m afraid the legend of buried treasure is just that. That’s what my head tells me.
My heart hopes the opposite.
>EDIT on 6.9.2020.
I’m still hoping pirate treasure is found (yaaargh); and it looks like next season they’re going to drop and enormous metal “ring” about 30 or more feet in diameter down to about 200 feet at the now verified location of “the money pit.” This should enable an opportunity to shift through all the earth in that area and hopefully find closure one way or another.
I should also note that many geologists are of the opinion that the underground “voids” encountered during drilling and mapped by sonar are simply caverns eroded in the limestone by water.
We shall see.
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After turning to Google and Wiki for a quick review on the mysterious islands backround history it is my opinion the answer is..No.
What I really based my opinion on was the fact that the legend supposedly began when an old former pirate revealed to a certain individual that him and his pirate buddies buried their loot there decaded earlier.
First off a true pirate would never reveal a treasures whereabouts to anyone plus I don’t think I’ve known any that I would trust a word they’ve said, the lying scoundrels. Secondly, even if this old seadog was on the up and up doesn’t one have to wonder if no one else on that crew could have dug it up for themselves already. I know if I had ever participated and was privy to a buried fortune I would make sure I went back for my share of the bounty no matter how long it had been.
We all know its there.
Since 1856 people have been digging holes hundreds of feet deep on this tiny island and many lives have been lost in the search for the presumed treasure.
Now you’d have to be a freaking idiot to think that there’s nothing down there and that all of this work over the span of nearly 180 years was for………..NOTHING!
It’s going to take thousands of more man hours and billions of $$$ to get to the treasure out, but I promise you its worth it!
After you get several thousands of kilometers in, you are going to find this –
Don’t be frightened – listen to the giant tiger head talk and then enter its mouth. Once inside you will discover a cave of wonders.
It will look like this;
Do you see the tall pillar just to the right of the center? You will need to climb that. On top you will find this magical looking lamp…
By now the writing should be on the wall —- YOU HAVE JUST FOUND ALADDIN’S LAMP!!!
Three wishes will now be granted to you by this guy –
Hope you enjoyed.
Has the Oak Island treasure been found? That depends on how you define treasure. For more than 200 years, treasure-seekers have flocked to this tiny island in Nova Scotia in hopes of digging up the legendary treasure said to be buried there. Rumor states that the treasure could be pirate gold, Shakespeare’s original manuscripts, the Ark of the Covenant, or even the Holy Grail.
To date, nothing like that has been found in or around Oak Island’s “Money Pit,” a mysterious shaft first discovered by a teenager in 1795 where treasure hunters generally focus their search. But people have uncovered a number of compelling objects over the years.
Treasure hunters are frequently thwarted by supposed booby traps that flood the pit with water.
To date, searchers have found old coins, bones, wood, and a 17th-century ax. Professional treasure hunters Marty and Rick Lagina, whose show The Curse of Oak Island airs on the History Channel, have even found a 500-year-old garnet brooch and a lead cross that was made between 1200 and 1600 A.D.
Finds like these keep people flocking to Oak Island. But treasure seekers should take note — Oak Island’s treasure is allegedly cursed. Six men have died while searching for the island’s hidden riches, due to causes like an exploding boiler and hydrogen sulfide fumes. And legend states that the treasure won’t be found until a seventh perishes.
We know for certain of almost none. Until recently it had long been held that the original 3 boys who excavated the site had found nothing. That was their public claim and for over 200 years it was accepted as truthful.
However, it has recently come to light during the most recent excavation/exploration, that according to closely held family lore, they actually found three treasure chests. Fearing that they might be confiscated or perhaps that they would be robbed, they are said to have concealed this fact and very slowly to have sold the contents. Of course we’ll never know for sure but it is believed that if the 3 chests existed, that they were meant as a pacifier treasure to divert searchers from the main horde.
Tangible finds have been few and far between. A tiny bit of gold chain brought up by an auger bit in the 1800’s. A smattering of scattered surface finds, coins, a tiny bit of jewelry, a lead cross, all of which are tantalizing but may have nothing to do with what’s actually buried. Clearly the site saw abundant human activity and extensive engineering though.
In fact of everything found and known about the site, it’s the engineering of the flood tunnels connecting to the money pit and the almost certain creation of a man-made swamp which are by far the most impressive. Some group of people went to extreme lengths and planning to either hide something or make it appear that they did. The latter which of course makes no sense.