So You Know Where The Lost Treasure is?

Lost Mine

So You Know Where There Is Lost Treasure?

Who hasn’t heard of the millions of dollars to be found by looking for lost treasure? Book’s by the hundreds exist on the subject with many giving the location. When I started Metal Detecting there were several magazines on the subject and numerous books on treasure to be found in your location.

Who hasn’t heard of the “Lost Treasure of Montezuma”.   We are talking about the Aztec and the defense against their attempted overthrow of the capital of Tenochtitlan.  The Spaniards had received a gift of gold and silver on their first arrival to the city and it made them greedy to have it all.  Their ship or ships had been loaded with what they had first been given and the gold taken by force during the ransacking of the city.  The Aztec although loosing their king Montezuma revolted against the attackers and the Spaniards had to flee.  For whatever reason they had to dump the treasure into the waters of Lake Texcoco. 

Cortes returned the next year and conquered the Aztecs for good, but the treasure that was reported to have been dumped into the lake was never recovered.  Many have looked in the lake with no success and it is assumed by many it is still there.  On the Aztec side it is said that 2,000 men recovered the treasure and took it north along with the body of Montezuma.

Moving on to more resent times, who has not heard of the “Lost Dutchman Mine” in the Superstition Mountains of Arizona.  About 6 people have lost their lives searching for that “Lost Gold Mine”.

In Oklahoma where I live it is the Wichita Mountains and its lost gold mines and treasure. One popular tale is the story of the Iron Door somewhere around Elk Mountain.  Honestly, the story sounds eerily similar to numerous other Iron Door Treasures in our American History.

Who hasn’t heard from a neighbor or friend who heard from a friend or family member or other reliable sources where Aunt Tilda hid all that money she did not spend?  But, what about those who have found “Lost Treasure”?  Mind you, I am not saying those who have spent considerable time hunting for a lost treasure never found it.  But, when you look at those who found “Lost Treasure”, most were found by accident. 

Take that day in April 2014, a California couple was on a walk with their dog on their property and found a metal can sticking out of the ground.  Digging it out they found it held a considerable amount of gold coins.  The couple went on to find similar cans on their property containing coins dating back to the Nineteenth Century.  The treasure was named, “The Saddle Ridge Hoard”.   I never heard of anyone looking for that treasure before it was found.

England which has a history of occupation by the Romans, Saxons, Vikings and others has accounts of many accidental finds.  Farmers plowing, random metal detectorist and construction have found some valuable history.  In the accounts I do not remember anyone specifically looking for what they found. 

Other than stories in various Treasure Magazines, I know of no documented finds from a planned treasure hunt that produced great wealth outside of those who hunted for shipwrecks. Mel Fisher is one that comes to mind, but his finds were at a great personal loss of family members and lost court cases over jurisdiction.

Another such find, the “USS Central America”, a steamer that transported gold from California to the East.  It was caught in a storm in 1857 off the East Coast and sank with great loss to life, ship and gold.  A Seattle Treasure group was formed to find the ship and was successful.  In all 50 million dollars in gold was found and recovered in 1988. 

Not long after the lawsuits started, an insurance company that covered the ship at the time of its sinking filed suit as owner.  After years of court hearings, the 13 original founders of the expedition and 161 investors were left holding the bag when the court ruled in favor of the insurance company.  The original founders’ efforts were rewarded with around $46,000 each when the suit was finally settled in 2018.  I could find no record of what the investors got if anything.

Honestly, I have no regrets over the time I spent hunting for that which someone else lost or misplaced.  One reason is I never let it consume me.  Instead I have built friendships that have lasted, discovered history but most of all had lots of fun. 

But there is a warning, to quote Virgil’s epic Latin poem, “The Aeneid”, it concludes with “O cursed lust for gold!”  There is only one treasure that can be found that has eternal value.  Many have already found it, Jesus said in Matthew 6:19-21, Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal: But lay up for yourselves treasures in heaven, where neither moth and rust doeth corrupt.  For where your treasure is, there will be your heart also.