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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.

    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.”

    If one were to return to London with the original Excalibur sword after 700 years of it being lost would the queen step down from the throne because of the ancient tradition about the legend of Excalibur for crowning a new king.?

    1. King Arthur & Excalibur are myths. If either of them existed in some form, it was nothing like they do in stories.
    2. If it happened it was a lot longer ago than 700 years. Probably around double that
    3. England didn’t exist at that point, let alone the UK.
    4. How would anyone know it was Excalibur?
    5. Dont be a moron.

    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…

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    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.

    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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    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

    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.

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