Was the Oak Island treasure already found?

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    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?

    See my other post on How do we know Robert Dunfield didn’t find treasure when he excavated and destroyed the money pit area, at Oak Island?

    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.

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    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.

    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.

    HE DID FIND IT. In fact, it’s almost CERTAIN.

    Someone needs to do look at the evidence. Some years ago, I recall some reports that Dunfield operated with considerable secrecy and would not let people onto the island to observe his operations. I can’t verify that now, because when I search for older material on Oak Island, I keep getting—over and over—repeats of the Oak Island TV series, and little else.

    From drilling done in the 1800’s, two caches of treasure were detected at depths of 100 and 154 feet below the original top of the money pit. The bottoms of these caches were 105 and 157 feet.

    By 1965, the ground had already been graded down to 26 feet elevation.

    Dunfield brought in two bulldozers and removed 12 more feet of soil from the area and pushed it down toward the beach at Smith Cove. That lowered the elevation to only 14 feet—18 feet below its original 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 the upper cache, and also enough to reach under the lower one encased in the “concrete.” Considering the size and depth of the excavation, the probability of him reaching and extracting the treasure was almost certain. My estimate would be above 99%.

    If that’s the case, where he hid it and what he did with it is anybody’s guess. Back in those days, Swiss bank accounts were absolutely secret and secure. Unless whoever owns it now volunteers to confess, we may never know what it was or what happened to it.

    Who are, or were Robert Dunfield’s heirs? They are (or were) the only people who might know (or did know) what happened to the treasure. Has anybody ever bothered to track them down?

    There may or may not be any statutes of limitations on the secret removal of treasure. Ever who has it now will probably never reveal it unless absolute immunity is provided by authorities.

    Rick and Marty Lagina, are you paying attention?

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    The present hunt was initiated by a piece in Reader’s Digest, 1960s, which repeated a tale told in the 19th century.

    The problems with that are:

    • There are actually two, different tales of that period.
    • They are both untrue, as the historical records show.

    We thus have no good reason to think that pirates buried treasure on the island.


    • In the late 18th century, fraudulent, treasure scrying was popular along the Atlantic coast.
    • There are similar tales in the same region as Oak Island.

    So there is nothing special with Oak Island.

    Before the British seized the region – the 7 Year’s War – France colonised it and kept records.

    The British then surveyed the island and colonised it. The records exist of everyone and everything; they are never mentioned in the TV series.

    So what has been found? From what I have seen on television:

    The island is composed on two islands, made one by the making of the swamp between them.

    Fred Nolan – surveyor and land owner – got me to examine his records and finds.

    The swamp geophysical survey indicates that a galleon could be sunk in it. Why they have not excavated, I do not know.

    The island was clearly occupied – not necessarily settled – before the British. Was this French, or military?

    My guess is ‘military’. The ‘snake mound’ looks to me to be a gun emplacement, to overlook the Bay; various military artefacts have been found.

    All sides – British, American and French – used privateers in those waters; French treasure ships sailed up the coast before crossing to France.

    I advise them to check both settlement records of France and Britain, and also their military archives in London and Paris. Expeditions were recorded.

    Something happened on that island before British settlement.

    I like that the brothers have moved away from the freaky ‘experts’ and now use a range of proper experts. They need to make a map showing what is where and when; send it to me.

    (I was archaeological advisor to David Tobias.)

    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

    Nothing…it’s all a fantasy. The workings are a 16c cock up when people mined for fools gold. Was there ever treasure stashed on the island? Probably but the rest is pure television entertainment. I’ve watched it from the beginning and there are more plot holes in it than any badly written film script. The clues/evidence while compelling individualy just don’t link up.

    each season there is a fresh technique used but then nothing actually fits together Coherently. The only thing that does fit the vast amount of evidence is that during the 16c a large mining camp was established to mine for an ore that was mistaken for gold. Once you eliminate the brothers fantasy then the history of the island becomes much more interesting because clearly it’s geographical position makes it a likely crossroads for all kinds of historical sound bites. And wouldn’t you just love to know which lottery a 17c farmer won?

    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

    Since the shows are taped and edited and then shown if they since the shows are taped and edited and then shown if they really found anything you would know about it before it even comes on the Show -no

    Never use “debunked.” I’ve been interested in Oak Island since I was a kid in the ‘50s. My dad used to read True magazine, which I would borrow. The program even mentioned a Reader’s Digest article that I read with great interest. For years I wanted to go there and hunt for Captain Kidd’s treasure. The historical evidence is pretty clear that “something” was buried on Oak Island before the “discovery” of the “money pit.”

    However, despite the beginnings of the current effort, the methods of which are pretty dreadful, and extraordinarily poorly thought out, they have advanced the idea farther than any other “searcher” effort to date. Among other things, there is a fixed date to the origin of the swamp, which is less than 2,000 years old. That is quite cool. They have DNA and C-14 dates from human bone that far older than they should be and came up in a bucket from a remarkable depth. The current season has turned up all kinds of data that ought to have the Canadian archaeologist running around madly excited. The stuff being brought up is certainly archaeological treasure, even if they don’t find any gold or jewels. One thing I’ve been wondering at is the association of Francis Bacon and his toxic document preservation process. While back they came up with a fragment of illuminated parchment. They should have been considering having it tested for mercury, and the archaeologist should, even if the rest did not. I have actually been enjoying it and criticizing the archaeology by recording it, and skipping the narrator’s “ a … on Oak Island? With … ???!!!”

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