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The Oak Island mystery is a series of stories of
buried treasure Buried treasure is a literary trope commonly associated with depictions of pirates, criminals, and Old West outlaws. According to popular conception, these people often buried their stolen fortunes in remote places, intending to return to them ...
and unexplained objects found on or near
Oak Island Oak Island is a privately owned island in Lunenburg County on the south shore of Nova Scotia, Canada. The tree-covered island is one of several islands in Mahone Bay, and is connected to the mainland by a causeway. The nearest community is the ...
in
Nova Scotia Nova Scotia ( ; ; ) is one of the thirteen provinces and territories of Canada. It is one of the three Maritime provinces and one of the four Atlantic provinces. Nova Scotia is Latin for "New Scotland". Most of the population are native Eng ...
. Since the 18th century, attempts have been made to find treasure and artifacts. Theories about artifacts present on the island range from
pirate Piracy is an act of robbery or criminal violence by ship or boat-borne attackers upon another ship or a coastal area, typically with the goal of stealing cargo and other valuable goods. Those who conduct acts of piracy are called pirates, v ...
treasure to
Shakespearean William Shakespeare ( 26 April 1564 – 23 April 1616) was an English playwright, poet and actor. He is widely regarded as the greatest writer in the English language and the world's pre-eminent dramatist. He is often called England's nation ...
manuscripts to the
Holy Grail The Holy Grail (french: Saint Graal, br, Graal Santel, cy, Greal Sanctaidd, kw, Gral) is a treasure that serves as an important motif in Arthurian literature. Various traditions describe the Holy Grail as a cup, dish, or stone with miracul ...
or the
Ark of the Covenant The Ark of the Covenant,; Ge'ez: also known as the Ark of the Testimony or the Ark of God, is an alleged artifact believed to be the most sacred relic of the Israelites, which is described as a wooden chest, covered in pure gold, with an e ...
, with the Grail and the Ark having been buried there by the
Knights Templar , colors = White mantle with a red cross , colors_label = Attire , march = , mascot = Two knights riding a single horse , equipment ...
. Various items have surfaced over the years that were found on the island, some of which have since been carbon-dated and found to be hundreds of years old. Although these items can be considered treasure in their own right, no significant main treasure site has ever been found. The site consists of digs by numerous individuals and groups of people. The original shaft, in a location unknown today, was dug by early explorers and known as "the money pit". A "
curse A curse (also called an imprecation, malediction, execration, malison, anathema, or commination) is any expressed wish that some form of adversity or misfortune will befall or attach to one or more persons, a place, or an object. In particular, ...
" on the treasure is said to have originated more than a century ago and states that seven men will die in the search for the treasure before it is found.


History


Early accounts (1790s–1857)

Very little verified information is known about early treasure-related activities on Oak Island; thus, the following accounts are
word of mouth Word of mouth, or ''viva voce'', is the passing of information from person to person using oral communication, which could be as simple as telling someone the time of day. Storytelling is a common form of word-of-mouth communication where one pe ...
stories going back to the late eighteenth century. It wasn't until decades later that publishers began to pay attention to such activity and investigated the stories involved. The earliest known story of a treasure found by a settler named Daniel McGinnis appeared in print in 1857. It then took another five years before one of the alleged original diggers gave a statement regarding the original story along with subsequent Onslow and
Truro Truro (; kw, Truru) is a City status in the United Kingdom, cathedral city and civil parishes in England, civil parish in Cornwall, England. It is Cornwall's county town, sole city and centre for administration, leisure and retail trading. Its ...
Company activities. The original story by early settlers involves a dying sailor from the crew of
Captain Kidd William Kidd, also known as Captain William Kidd or simply Captain Kidd ( – 23 May 1701), was a Scottish sea captain who was commissioned as a privateer and had experience as a pirate. He was tried and executed in London in 1701 for murder a ...
(d. 1701), in which he states that treasure worth £2 million had been buried on the island. According to the most widely held discovery story, Daniel McGinnis found a depression in the ground around 1799 while he was looking for a location for a farm. McGinnis, who believed that the depression was consistent with the Captain Kidd story, sought help with digging. With the assistance of two men identified only as John Smith and Anthony Vaughn, he excavated the depression and discovered a layer of
flagstone Flagstone (flag) is a generic flat stone, sometimes cut in regular rectangular or square shape and usually used for paving slabs or walkways, patios, flooring, fences and roofing. It may be used for memorials, headstones, facades and other con ...
s below. According to later accounts, oak platforms were discovered every ; however, the earliest accounts simply mention "marks" of some type at these intervals.Crooker, William S. ''Oak Island Gold'' (Nimbus Publishing, 1993) The accounts also mentioned "tool marks" or pick scrapes on the walls of the pit. The earth was noticeably loose, not as hard-packed as the surrounding soil. The three men reportedly abandoned the excavation at due to "superstitious dread".McCully, J.B
"The Oak Island Diggings".
''Liverpool Transcript'', October 1862 – printing letter dated June 2, 186
another link
– described by the newspaper as "about the best account we have ever seen of the "diggings" – mentions the finding of the inscribed stone, but not what happened to it subsequently
Another twist on the story has all four people involved as teenagers. In this rendering McGinnis first finds the depression in 1795 while on a fishing expedition. The rest of the story is consistent with the first involving the logs found, but ends with all four individuals giving up after digging as much as they could. In about 1802, a group known as the Onslow Company allegedly sailed from central Nova Scotia to Oak Island to recover what they believed to be hidden treasure. They continued the excavation down to about , with layers of logs (or "marks") found about every , and also discovered layers of
charcoal Charcoal is a lightweight black carbon residue produced by strongly heating wood (or other animal and plant materials) in minimal oxygen to remove all water and volatile constituents. In the traditional version of this pyrolysis process, cal ...
,
putty Putty is a material with high plasticity, similar in texture to clay or dough, typically used in domestic construction and repair as a sealant or filler. Although some types of putty (typically those using linseed oil) slowly polymerise and be ...
and
coconut The coconut tree (''Cocos nucifera'') is a member of the palm tree family ( Arecaceae) and the only living species of the genus ''Cocos''. The term "coconut" (or the archaic "cocoanut") can refer to the whole coconut palm, the seed, or the ...
fibre Fiber or fibre (from la, fibra, links=no) is a natural or artificial substance that is significantly longer than it is wide. Fibers are often used in the manufacture of other materials. The strongest engineering materials often incorporate ...
along with a large stone inscribed with symbols. The diggers then faced a dilemma when the pit flooded with of water for unknown reasons. The alleged excavation was eventually abandoned after workers attempted to recover the treasure from below by digging a tunnel from a second shaft that also flooded. The last major company of the unpublished era was called ''The Truro Company'', which was allegedly formed in 1849 by investors. The pit was re-excavated back down to the level, but ended up flooding again. It was then decided to drill five
bore hole A borehole is a narrow shaft bored in the ground, either vertically or horizontally. A borehole may be constructed for many different purposes, including the extraction of water ( drilled water well and tube well), other liquids (such as petrol ...
s using a pod-auger into the original shaft. The auger passed through a
spruce A spruce is a tree of the genus ''Picea'' (), a genus of about 35 species of coniferous evergreen trees in the family Pinaceae, found in the northern temperate and boreal (taiga) regions of the Earth. ''Picea'' is the sole genus in the subfami ...
platform at , then hit layers of oak, something described as "metal in pieces", another spruce layer, and clay for . This platform was hit twice; each time metal was brought to the surface, along with various other items such as wood and coconut fibre. Another shaft was then dug deep northwest of the original shaft, and a tunnel was again branched off in an attempt to intersect the treasure. Once again though, seawater flooded this new shaft; workers then assumed that the water was connected to the sea as the now flooded new pit rose and fell with each tide cycle. The Truro Company shifted its resources to excavating a nearby cove known as "Smith's Cove" where they found a flood tunnel system. When efforts failed to shut off the flood system, one final shaft was dug deep with the branched-off tunnel going under the original shaft. Sometime during the excavation of this new shaft, the bottom of the original shaft collapsed. It was later speculated that the treasure had fallen through the new shaft into a deep void causing the new shaft to flood as well. The Truro Company then ran out of funds and was dissolved sometime in 1851. The first published account took place in 1857, when the ''
Liverpool Liverpool is a city and metropolitan borough in Merseyside, England. With a population of in 2019, it is the 10th largest English district by population and its metropolitan area is the fifth largest in the United Kingdom, with a popul ...
Transcript'' mentioned a group digging for Captain Kidd's treasure on Oak Island., referring to letter in previous edition – – these two letters give no details of the history of the diggings. This would be followed by a more complete account by a justice of the peace in
Chester, Nova Scotia Chester is a village on the Chester Peninsula, Mahone Bay, Nova Scotia, Canada. The nearby waters of Mahone Bay and its numerous islands are well known for yachting and have made the Chester Yacht Club into a cruising destination. A provi ...
, in 1861, which was also published in ''The Transcript''. However, the first published account of what had taken place on the Island did not appear until October 16, 1862, when Anthony Vaughan's memories were recorded by ''The Transcript'' for posterity. Activities regarding the Onslow and Truro Companies were also included that mention the mysterious stone and the Truro owned auger hitting wooden platforms along with the "metal in pieces". The accounts based on the ''Liverpool Transcript'' articles also ran in the ''Novascotian'', the ''British Colonist'', and is mentioned in an 1895 book called ''A History Of Lunenburg County''.Patrick
"Response to the Oak Island Folly".
(11-13/130), September 30, 1861 – gives details of the Onslow and Truro companies – does not mention the inscribed stone.
A Member
"A History of The Oak Island Enterprise".
(14-22/130) ''British Colonist'' (in 3 chapters published on January 2 (Onslow Company), 7 (Truro Company), and 14, 1864) – the inscribed stone "was preserved in the family of Mr. Smith it may be seen by the curious at the present day"


Early excavations (1861–1898)

The next major excavation attempt was carried out in 1861 by a company called "The Oak Island Association". The original pit was re-excavated to a depth of , and two more shafts were dug. The first one missed its intended target of an alleged flood tunnel, while the other intersected the original shaft via a branched-off tunnel at around deep. Both of these shafts were filled with water when an alleged flood tunnel was again breached. At one point, one of the platforms placed in the original shaft at collapsed and dropped to a lower level. The effect caused the next two platforms to drop as well, with any treasure now resting some below ground along with an estimated of lumber. The first of six accidental deaths during excavations occurred during the fall of 1861 when a pump engine boiler burst. The explosion was first mentioned in an 1863 novel titled ''Rambles Among the Blue-noses'', while mention of a death came five years later. Another shaft was dug in the spring of 1862, one which was deep. This new shaft was parallel to and connected with the original shaft as it was used to pump water out of the original shaft to a depth of . Although the pumps could not keep up with the floodwater, tools that had been used by the Onslow and Truro companies were recovered. The Oak Island Association also did some work at Smith's Cove by drilling a few shafts in an attempt to shut off and seal the alleged flood tunnels. All of these attempts were failures in the end, due to the tide which eventually broke through barriers that were put in place. One final attempt was made in 1864 to intersect the money pit, resulting in alleged flood tunnels again being breached. By this time, saltwater was undermining the walls of the original shaft, which some workers refused to enter. The original shaft was inspected by mining engineers who declared it unsafe, and the company abandoned their efforts when their money ran out.
The History Channel History (formerly The History Channel from January 1, 1995 to February 15, 2008, stylized as HISTORY) is an American pay television network and flagship channel owned by A&E Networks, a joint venture between Hearst Communications and the Disney ...
, ''Decoding the Past: The Templar Code'', video documentary, November 7, 2005, written by Marcy Marzuni
In 1866, a group known as ''The Oak Island Eldorado Company'' or more commonly ''The Halifax Company'' was formed to find the treasure. By this time, there were many shafts, bore holes, and tunnels under Oak Island made by previous treasure hunters. When a plan to shut off the alleged flood tunnels from Smith's Cove didn't work, the company decided to shift focus to the original main shaft. Exploratory holes that were drilled turned up bits of wood, more coconut fiber, soft clay, and blue mud. Having found nothing of interest, the group gave up the search in 1867. In 1896, an unknown group arrived on the island with steam pumps and boring equipment. Although the pumps were unable to keep water out of the flooded side shaft, boring samples were taken. It was claimed that one of the samples brought a tiny piece of sheepskin
parchment Parchment is a writing material made from specially prepared untanned skins of animals—primarily sheep, calves, and goats. It has been used as a writing medium for over two millennia. Vellum is a finer quality parchment made from the skins of ...
to the surface. The parchment had two letters, "vi" or "wi", written in India ink.Bowdoin, H. L
"Solving the Mystery of Oak Island"
'' Colliers Magazine'', August 19, 1911 p. 19
The second accidental death occurred on March 26, 1897, when a worker named Maynard Kaiser fell to his death. In 1898, red paint was poured into the flooded pit by the group, reportedly revealing three exit holes around the island.


The Old Gold Salvage group (1909)

Captain Henry L. Bowdoin arrived on Oak Island in August 1909 representing the Old Gold Salvage group, one of whose members was
Franklin D. Roosevelt Franklin Delano Roosevelt (; ; January 30, 1882April 12, 1945), often referred to by his initials FDR, was an American politician and attorney who served as the 32nd president of the United States from 1933 until his death in 1945. As the ...
. By this time, the area now known as the "money pit" was cleared out to and divers were sent down to investigate. Although multiple borings were taken in and around the pit, none of the cores revealed anything of interest. Bowdoin also examined Smith's Cove, where drain tunnels and a ring bolt in a rock had reportedly been seen. Although the group found the remains of an 1850
cofferdam A cofferdam is an enclosure built within a body of water to allow the enclosed area to be pumped out. This pumping creates a dry working environment so that the work can be carried out safely. Cofferdams are commonly used for construction or re ...
, no evidence of anything else was found. Bowdoin later examined the "stone cipher" in Halifax and found it a
basalt Basalt (; ) is an aphanite, aphanitic (fine-grained) extrusive igneous rock formed from the rapid cooling of low-viscosity lava rich in magnesium and iron (mafic lava) exposed at or very near the planetary surface, surface of a terrestrial ...
rock with no symbols. He was doubtful that symbols could have worn off the rock, given its hardness. The group left the island in November 1909.


William Chappell and Gilbert Hedden (1928–1939)

In 1928, a New York newspaper published a feature story about Oak Island. William Chappell became interested and excavated the pit in 1931 by sinking a shaft southwest of what he believed was the site of the 1897 shaft (which was thought, without evidence, to be near the original pit). At , a number of artifacts, including an axe, a fluke anchor and a pick, were found. The pick was identified as a Cornish miner's pick, but by this time the area around the pit was littered with debris from previous excavation attempts and finding the owner was impossible. Gilbert Hedden, an operator of a steel fabricating company, saw the 1928 article and was fascinated by the engineering problems involved in recovering the reported treasure. Hedden made six trips to Oak Island and collected books and articles about the island. He went to England to consult Harold T. Wilkins, author of ''Captain Kidd and His Skeleton Island'', about a link he found between Oak Island and a map in Wilkins' book.Doyle, Lynn C. "Nova Scotia's Treasure Island". ''MacLean's'' June 1, 1931 After Chappell's excavations, Hedden began digging in the summer of 1935, after he purchased the southeastern end of the island. In 1939, he informed
King King is the title given to a male monarch in a variety of contexts. The female equivalent is queen, which title is also given to the consort of a king. *In the context of prehistory, antiquity and contemporary indigenous peoples, the tit ...
George VI George VI (Albert Frederick Arthur George; 14 December 1895 – 6 February 1952) was King of the United Kingdom and the Dominions of the British Commonwealth from 11 December 1936 until Death and state funeral of George VI, his death in 1952. ...
about developments on the island. Further excavations were made in 1935 and 1936, none of which was successful.


Restall family and Robert Dunfield (1959–1966)

Robert Restall, his 18-year-old son, and work partner Karle Graeser, came to Oak Island in 1959 after signing a contract with one of the property owners. In 1965, they tried to seal what was thought to be a
storm drain A storm drain, storm sewer (United Kingdom, United States, U.S. and Canada), surface water drain/sewer (United Kingdom), or stormwater drain (Australia and New Zealand) is infrastructure designed to Drainage, drain excess rain and ground water ...
in Smith's Cove and dug a shaft down to . An account of an excavation of the pit was published in the January 1965 issue of ''
Reader's Digest ''Reader's Digest'' is an American general-interest family magazine, published ten times a year. Formerly based in Chappaqua, New York, it is now headquartered in midtown Manhattan. The magazine was founded in 1922 by DeWitt Wallace and his wi ...
''. On August 17, Restall was overcome by
hydrogen sulfide Hydrogen sulfide is a chemical compound with the formula . It is a colorless chalcogen-hydride gas, and is poisonous, corrosive, and flammable, with trace amounts in ambient atmosphere having a characteristic foul odor of rotten eggs. The unde ...
fumes. His son then went down the shaft, and also lost consciousness. Graeser and two others, Cyril Hiltz and Andy DeMont, then attempted to save the two men. A visitor to the site, Edward White, had himself lowered on a rope into the shaft but was able to bring out only DeMont. Restall, his son, Graeser and Hiltz all died. That year, Robert Dunfield leased portions of the island. Dunfield dug the pit area to a depth of and a width of by using a 70-ton digging crane with a clam bucket. Transportation of the crane to the island required the construction of a
causeway A causeway is a track, road or railway on the upper point of an embankment across "a low, or wet place, or piece of water". It can be constructed of earth, masonry, wood, or concrete. One of the earliest known wooden causeways is the Sweet Tra ...
(which still exists) from the western end of the island to Crandall's Point on the mainland, two hundred metres away. Dunfield's lease ended in August 1966.


Triton Alliance (1967–1990s)

In January 1967, Daniel C. Blankenship, David Tobias, Robert Dunfield, and Fred Nolan formed a
syndicate A syndicate is a self-organizing group of individuals, companies, corporations or entities formed to transact some specific business, to pursue or promote a shared interest. Etymology The word ''syndicate'' comes from the French language, Frenc ...
for exploration on Oak Island. Two years later, Blankenship and Tobias formed Triton Alliance after purchasing most of the island. Several former landowners, including Mel Chappell, became shareholders in Triton. Triton workers excavated a shaft, known as Borehole 10-X and supported by a steel caisson to
bedrock In geology, bedrock is solid Rock (geology), rock that lies under loose material (regolith) within the crust (geology), crust of Earth or another terrestrial planet. Definition Bedrock is the solid rock that underlies looser surface mater ...
, in 1971. According to Blankenship and Tobias, cameras lowered down the shaft into a cave recorded possible chests, human remains, wooden cribbing and tools; however, the images were unclear and none of the claims have been independently confirmed. The shaft later collapsed, and the excavation was again abandoned. The shaft was later re-dug to , reaching bedrock, but work was halted due to lack of funds and the collapse of the partnership.Ellerd, Kerry. "Finding Buried Treasure: It's an Expensive Business". ''Montreal Star'' February 6, 1971 Divers sent to the bottom of Borehole 10-X in 2016 found no artifacts. The island was the subject of an episode of '' In Search of...'' which was first broadcast on January 18, 1979. In 1983, Triton Alliance sued Frederick Nolan over the ownership of seven lots on the island and its causeway access. Two years later, Nolan's ownership of the lots was confirmed, but he was ordered to pay damages for interfering with Triton's tourist business. On appeal, Triton lost again in 1989 and Nolan's damages were reduced. During the 1990s, further exploration stalled because of legal battles between the Triton partners and a lack of financing. In 2005, a portion of the island was for sale for 7 million. Although the Oak Island Tourism Society had hoped that the
government of Canada The government of Canada (french: gouvernement du Canada) is the body responsible for the federal administration of Canada. A constitutional monarchy, the Crown is the corporation sole, assuming distinct roles: the executive, as the ''Crown ...
would purchase the island, a group of American drillers did so instead.


Robert S. Young (1996–2020)

In June 1996, Robert S. Young of
Upper Tantallon, Nova Scotia Upper Tantallon (pronounced 'tan-TAL-en') is a suburban community that extends from the Hammonds Plains Road ( Route 213) to the crossroads of Trunk 3 and Route 333 within the Halifax Regional Municipality of Nova Scotia Canada, west from Downto ...
, purchased of the island known as Lot Five from Fred Nolan. This property is the only untouched land left on Oak Island. Young died on October 28, 2020, and the land passed to his estate. His finds, including a silver 1781 Spanish half-''real'', are documented on his website.


Oak Island Tours & The Michigan Group (2005–present)

It was announced in April 2006 that brothers Rick and Marty Lagina of
Michigan Michigan () is a state in the Great Lakes region of the upper Midwestern United States. With a population of nearly 10.12 million and an area of nearly , Michigan is the 10th-largest state by population, the 11th-largest by area, and the ...
had purchased 50 percent of Oak Island Tours from David Tobias for an undisclosed sum. The rest of the company is owned by Blankenship. Center Road Developments, in conjunction with Allan Kostrzewa and Brian Urbach (members of the Michigan group), had purchased Lot 25 from David Tobias for a reported $230,000 one year before Tobias sold the rest of his share. The Michigan group, working with Blankenship, said that it would resume operations on Oak Island in the hope of discovering buried treasure and solving the island's mystery. In July 2010, Blankenship and the other stakeholders in Oak Island Tours announced on their website that the Nova Scotia
Department of Natural Resources This article lists subnational environmental agencies in the United States, by state. Agencies with a variety of titles and responsibilities are included, e.g. Department of Environment, Department of Environmental Conservation, Department of E ...
and Department of Tourism, Culture and Heritage had granted them a treasure-trove license which allowed them to resume activities until December 31, 2010. After December 2010, the departments repealed the treasure-trove license and replaced it with an Oak Island Treasure Act. The act, which became effective on January 1, 2011, allows treasure hunting to continue on the island under the terms of a licence issued by the Minister of Natural Resources. Exploration by the Lagina brothers has been documented in a
reality television show Reality television is a genre of television programming that documents purportedly unscripted real-life situations, often starring unfamiliar people rather than professional actors. Reality television emerged as a distinct genre in the early 19 ...
airing on the
History History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the History of writing#Inventions of writing, invention of writing systems is considered prehistory. "History" is an umbr ...
channel starting in 2014.


Water in the money pit

According to an account written in 1862, after the Onslow Company had excavated to , the pit flooded with seawater up to the level; attempts to remove the water were unsuccessful. Explorers have made claims about an elaborate drainage system extending from the ocean beaches to the pit. Later treasure hunters claimed that coconut fibres were discovered beneath the surface of a beach, Smith's Cove, in 1851. This led to the theory that the beach had been converted into a
siphon A siphon (from grc, σίφων, síphōn, "pipe, tube", also spelled nonetymologically syphon) is any of a wide variety of devices that involve the flow of liquids through tubes. In a narrower sense, the word refers particularly to a tube in a ...
, feeding seawater into the pit through a man-made tunnel. A sample of this material was reportedly sent to the
Smithsonian Institution The Smithsonian Institution ( ), or simply the Smithsonian, is a group of museums and education and research centers, the largest such complex in the world, created by the U.S. government "for the increase and diffusion of knowledge". Founded ...
during the early 20th century, where it was concluded that the material was coconut fibre.French Carey. "Treasure Island Fabled Booty Eludes the Fortune Hunters". ''The Globe and Mail'' November 19, 1983 Although one expedition claimed to have found a flood tunnel lined with flat stones at , geologist Robert Dunfield wrote that he carefully examined the walls of the re-excavated pit and was unable to locate any evidence of a tunnel. At the invitation of Boston-area businessman
David Mugar David Graves Mugar (April 27, 1939 – January 25, 2022) was an Armenian-American businessman from Belmont, Massachusetts. He was a member of the Mugar family of Greater Boston. He was CEO and chair of Mugar Enterprises. His father, Stephen ...
, a two-week survey was conducted by the
Woods Hole Oceanographic Institution The Woods Hole Oceanographic Institution (WHOI, acronym pronounced ) is a private, nonprofit research and higher education facility dedicated to the study of marine science and engineering. Established in 1930 in Woods Hole, Massachusetts, it i ...
in 1995 (the only known scientific study conducted on the site). After running dye tests in the bore hole, the institution concluded that the flooding was caused by a natural interaction between the island's freshwater
lens A lens is a transmissive optical device which focuses or disperses a light beam by means of refraction. A simple lens consists of a single piece of transparent material, while a compound lens consists of several simple lenses (''elements''), ...
and tidal pressures in the underlying geology (refuting the man-made tunnel theory). The Woods Hole scientists who viewed the 1971 videos reported that nothing conclusive could be determined from the murky images. The reported five finger (or box) drains at Smith's Cove have recently been thought to be the remains of an early salt works, with no connection between the drains and any flooding of the pit. Oak Island lies on a
glacial A glacial period (alternatively glacial or glaciation) is an interval of time (thousands of years) within an ice age that is marked by colder temperatures and glacier advances. Interglacials, on the other hand, are periods of warmer climate betw ...
tumulus A tumulus (plural tumuli) is a mound of earth and stones raised over a grave or graves. Tumuli are also known as barrows, burial mounds or ''kurgans'', and may be found throughout much of the world. A cairn, which is a mound of stones buil ...
system and is underlain by a series of water-filled
anhydrite Anhydrite, or anhydrous calcium sulfate, is a mineral with the chemical formula CaSO4. It is in the orthorhombic crystal system, with three directions of perfect cleavage parallel to the three planes of symmetry. It is not isomorphous with the ...
cavities which may be responsible for the repeated flooding of the pit. This type of limestone easily dissolves when exposed to water, forming caves and natural voids.
Bedrock In geology, bedrock is solid Rock (geology), rock that lies under loose material (regolith) within the crust (geology), crust of Earth or another terrestrial planet. Definition Bedrock is the solid rock that underlies looser surface mater ...
lies at a depth of in the pit area.


Stone with alleged markings

A stone found 90 feet below the surface was said to have been inscribed with "mysterious markings". It was first reported in a July 2, 1862, ''Halifax Sun and Advisor'' article, which mentioned a June 2, 1862, letter by J. B. McCully which retold the story of the stone. Offering a secondhand description of its discovery during the early 1800s excavation, McCully wrote: "Some
ayers Ayers may refer to: __NOTOC__ People * A.D. Ayers, American baseball umpire (National League) * Aaron Ayers (1836–1900), New Zealand auctioneer and politician * Bill Ayers (born 1944), American academic and activist * Bill Ayers (baseball) (1919 ...
were charcoal, some putty, and one at 80 feet was a stone cut square, two feet long and about a foot thick, with several characters cut on it." In an 1863 newspaper article, the stone was said to have been built into the "chimney of an old house near the pit". Another article, a year later, claimed that the stone was held by the Smith family. On January 2, 1864, Historical Society of Nova Scotia secretary John Hunter-Duvar contacted treasure hunter George Cooke. In a January 27 letter to Hunter-Duvar, Cooke claimed that Smith built the stone into his chimney in 1824 and said that he was shown the stone by Smith in the chimney around 1850, when "there were some crudely cut letters, figures or characters upon it. I cannot recollect which, but they appear as if they had been scraped out by a blunt instrument, rather than cut with a sharp one". According to Cooke, when he made inquiries in 1864, he discovered that the chimney had been enclosed in wood and surrounded by a staircase; the stone was no longer visible. An undated post-1893 letter by William Blair read, "Jefferson W. McDonald, who first mentioned Oak Island to me in 1893, worked under George Mitchell. Mr. McDonald, who was a carpenter by trade, also told of taking down a partition in Smith's house, in order that he with others might examine the characters cut on the stone used in the fireplace in the house. The characters were there all right, but no person present could decipher them." Mitchell was the superintendent of works for the Oak Island Association, which was formed on April 3, 1861, and ceased operation by March 29, 1865. In his 1872 novel, ''The Treasure of the Seas'', James DeMille describes being a summer resident of Chester Basin during the later 1860s. DeMille lived on Oak Island for a summer and had firsthand knowledge of the area. The characters in the novel find that the stone had been removed from the chimney when they arrived on the island; until then, no one had been able to decode the mysterious symbols reportedly on the stone, which an inn landlord describes as 'rather faint, and irregular' – he also says that 'men who don't believe in Kidd's treasure ... say that it isn't an inscription at all ... it's only some accidental scratches'. Reginald Vanderbilt Harris (1881–1968) wrote in his 1958 book, ''The Oak Island Mystery'', "About 1865–1866 the stone was removed and taken to Halifax. Among those who worked to remove the stone was Jefferson W. MacDonald." The Blair letter mentioned above states that MacDonald took down the partition in order to examine the stone, not to remove it. Harris provides no source for the claim that the stone was removed in 1865 or 1866. The next mention of the stone is in an 1893 Oak Island Treasure Company prospectus. According to the prospectus, the stone was taken out of the chimney and moved to Halifax; there, James Liechti was said to have deciphered the stone as reading: "Ten feet below are two million pounds buried". On August 19, 1911, ''Collier's'' magazine published a firsthand account by Captain H. L. Bowdoin of the stone (which was then in use at Creighton's bookbindery in Halifax). Bowdoin described the rock as "of a basalt type hard and fine-grained". The stone he saw had no symbols on it. Although Bowdoin was told that they had worn off, he was skeptical because of the stone's hardness. According to Charles B. Driscoll's 1929 book, ''The Oak Island Treasure'' (based on secondhand accounts), The stone was reportedly brought by A. O. Creighton (of the 1866 expedition) from the Smith home to Creighton's bookbindery in Halifax. Harry W. Marshall (born 1879), the son of an owner of the bookbindery, wrote in 1935 that: # He well remembered seeing the stone as a boy. # "While in Creighton's possession some lad had cut his initials 'J.M.' on one corner, but apart from this there was no evidence of any inscription either cut or painted on the stone." # Creighton used the stone for a beating stone and weight. # When the business was closed in 1919, the stone was left behind. One researcher claimed that the cipher translated as "Forty feet below, two million pounds lie buried". The symbols associated with the "Forty feet below" translation first appeared in 1949's ''True Tales of Buried Treasure'' by explorer and historian
Edward Rowe Snow Edward Rowe Snow (August 22, 1902 Winthrop, Massachusetts – April 10, 1982 Boston, Massachusetts) was an American writer and historian. Life He was the son of Edward Sumpter and Alice Nichsols (Rowe) Snow. He graduated from Harvard University ...
. In his book, Snow said that he received the set of symbols from Rev. A. T. Kempton of
Cambridge, Massachusetts Cambridge ( ) is a city in Middlesex County, Massachusetts, United States. As part of the Boston metropolitan area, the cities population of the 2020 U.S. census was 118,403, making it the fourth most populous city in the state, behind Boston, ...
, but no information was provided as to how or where Kempton obtained them.Snow, Edward Rowe. ''True Tales of Buried Treasure'', (Dodd and Mead, 1951) It was found that Kempton had stated in a letter dated April 1949 that he had obtained his information from "a school teacher long since dead".


Investors and explorers

Franklin D. Roosevelt Franklin Delano Roosevelt (; ; January 30, 1882April 12, 1945), often referred to by his initials FDR, was an American politician and attorney who served as the 32nd president of the United States from 1933 until his death in 1945. As the ...
, stirred by family stories originating from his sailing and trading grandfather (and Oak Island financier) Warren Delano Jr., began following the mystery in late 1909 and early 1910. Roosevelt continued to follow it until his death in 1945. Throughout his political career, he monitored the island's recovery attempts and development. Although the president secretly planned to visit Oak Island in 1939 while he was in Halifax, fog and the international situation prevented him from doing so. Australian-American actor
Errol Flynn Errol Leslie Thomson Flynn (20 June 1909 – 14 October 1959) was an Australian-American actor who achieved worldwide fame during the Golden Age of Hollywood. He was known for his romantic swashbuckler roles, frequent partnerships with Olivia ...
invested in an Oak Island treasure dig. Actor
John Wayne Marion Robert Morrison (May 26, 1907 – June 11, 1979), known professionally as John Wayne and nicknamed The Duke or Duke Wayne, was an American actor who became a popular icon through his starring roles in films made during Hollywood's Gol ...
also invested in the drilling equipment used on the island and offered his equipment to be used to help solve the mystery. William Vincent Astor, heir to the
Astor family The Astor family achieved prominence in business, society, and politics in the United States and the United Kingdom during the 19th and 20th centuries. With ancestral roots in the Italian Alps region of Italy by way of Germany, the Astors settle ...
fortune after his father died on the ''
Titanic RMS ''Titanic'' was a British passenger liner, operated by the White Star Line, which sank in the North Atlantic Ocean on 15 April 1912 after striking an iceberg during her maiden voyage from Southampton, England, to New York City, United ...
'', was a passive investor in digging for treasure on the island. Rear Admiral
Richard E. Byrd Richard Evelyn Byrd Jr. (October 25, 1888 – March 11, 1957) was an American naval officer and explorer. He was a recipient of the Medal of Honor, the highest honor for valor given by the United States, and was a pioneering American aviator, p ...
Jr. was also a passive investor in Oak Island exploration and treasure hunting, and monitored their status. Byrd advised Franklin D. Roosevelt about the island; the men forged a relationship, forming the
United States Antarctic Service The United States Antarctic Program (or USAP; formerly known as the United States Antarctic Research Program or USARP and the United States Antarctic Service or USAS) is an organization of the United States government which has presence in the A ...
(USAS, a federal-government program) with Byrd nominally in command.


Theories


Natural sinkholes

Wide-ranging speculation exists about how the pit was formed and what it might contain. According to Joe Nickell, there is no treasure; the pit is a natural phenomenon, probably a
sinkhole A sinkhole is a depression or hole in the ground caused by some form of collapse of the surface layer. The term is sometimes used to refer to doline, enclosed depressions that are locally also known as ''vrtače'' and shakeholes, and to openi ...
connected to limestone passages or caverns. Suggestions that the pit is a natural phenomenon (accumulated debris in a sinkhole or
geological fault In geology, a fault is a planar fracture or discontinuity in a volume of rock across which there has been significant displacement as a result of rock-mass movements. Large faults within Earth's crust result from the action of plate tectonic ...
) date to at least 1911.Atlantic Advocate. 1965. Article in October issue, cited in Crooker 1978, 85–86. A number of sinkholes and caves, to which the "booby traps" are attributed, exist on the mainland near the island. Its resemblance to a human-made pit has been suggested as partly due to the texture of natural, accumulated debris in sinkholes: "This filling would be softer than the surrounding ground, and give the impression that it had been dug up before". The "platforms" of rotten logs have been attributed to trees, damaged by "blowdowns" (
derecho A ''derecho'' (, from es, derecho, link=no , 'straight') is a widespread, long-lived, straight-line wind storm that is associated with a fast-moving group of severe thunderstorms known as a mesoscale convective system. Derechos can cause hurri ...
s) or wildfires, periodically falling (or washing into) the hollow. Another pit, similar to the early description of the "money pit", was discovered in the area in 1949 when workmen were digging a well on the shore of Mahone Bay. At a point where the earth was soft, "At about two feet down a layer of fieldstone was struck. Then logs of spruce and oak were unearthed at irregular intervals, and some of the wood was charred. The immediate suspicion was that another money pit had been found."


Treasure trove

According to the earliest theory, the pit held a pirate treasure buried by
Captain Kidd William Kidd, also known as Captain William Kidd or simply Captain Kidd ( – 23 May 1701), was a Scottish sea captain who was commissioned as a privateer and had experience as a pirate. He was tried and executed in London in 1701 for murder a ...
;Howlett, A. "Mystery of Captain Kidd's Treasure". ''World Wide Magazine'' October 1958 Kidd and
Henry Avery Henry Every, also known as Henry Avery (20 August 1659after 1696), sometimes erroneously given as Jack Avery or John Avery, was an English pirate who operated in the Atlantic and Indian oceans in the mid-1690s. He probably used several aliases ...
reportedly took treasure together, and Oak Island was their community bank. Another pirate theory involved Edward Teach (
Blackbeard Edward Teach (alternatively spelled Edward Thatch, – 22 November 1718), better known as Blackbeard, was an English Piracy, pirate who operated around the West Indies and the eastern coast of Britain's Thirteen Colonies, North American colon ...
), who said that he buried his treasure "where none but Satan and myself can find it." Templars, Masons, or Incas seeking to squirrel their treasure away from European persecutors or Spanish conquistadors may have created the money pit, according to William S. Crooker. But Crooker stated it was more likely that British engineers and sailors dug the pit to store loot acquired in the British invasion of Cuba, during the
Seven Years' War The Seven Years' War (1756–1763) was a global conflict that involved most of the European Great Powers, and was fought primarily in Europe, the Americas, and Asia-Pacific. Other concurrent conflicts include the French and Indian War (1754 ...
, valued at about £1,000,000 pounds. Other possible explanations include the pit being dug by Spanish sailors to hold treasure from a wrecked
galleon Galleons were large, multi-decked sailing ships first used as armed cargo carriers by European states from the 16th to 18th centuries during the age of sail and were the principal vessels drafted for use as warships until the Anglo-Dutch War ...
or by
British British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, ...
troops A troop is a military sub-subunit, originally a small formation of cavalry, subordinate to a squadron. In many armies a troop is the equivalent element to the infantry section or platoon. Exceptions are the US Cavalry and the King's Troop Ro ...
stationed there during the
American Revolution The American Revolution was an ideological and political revolution that occurred in British America between 1765 and 1791. The Americans in the Thirteen Colonies formed independent states that defeated the British in the American Revolut ...
. John Godwin wrote that given the apparent size and complexity of the pit, it was probably dug by French Army engineers hiding the treasury of the
Fortress of Louisbourg The Fortress of Louisbourg (french: Forteresse de Louisbourg) is a National Historic Site and the location of a one-quarter partial reconstruction of an 18th-century French fortress at Louisbourg on Cape Breton Island, Nova Scotia. Its two sie ...
after British forces captured the fortress during the
Seven Years' War The Seven Years' War (1756–1763) was a global conflict that involved most of the European Great Powers, and was fought primarily in Europe, the Americas, and Asia-Pacific. Other concurrent conflicts include the French and Indian War (1754 ...
.Godwin, John. ''This Baffling World.'' (Bantam, 1971)


Artifacts

Many other legends have been invented to putatively link various historical persons with Oak Island, none of them proven.


Marie Antoinette's jewels

Some unproven stories allege that
Marie Antoinette Marie Antoinette Josèphe Jeanne (; ; née Maria Antonia Josepha Johanna; 2 November 1755 – 16 October 1793) was the last queen of France before the French Revolution. She was born an archduchess of Austria, and was the penultimate child a ...
's jewels, missing except for specimens in museum collections, may have been hidden on the island. On October 5, 1789,
revolutionaries A revolutionary is a person who either participates in, or advocates a revolution. The term ''revolutionary'' can also be used as an adjective, to refer to something that has a major, sudden impact on society or on some aspect of human endeavor. ...
incited an angry mob of Parisian working women to
march March is the third month of the year in both the Julian and Gregorian calendars. It is the second of seven months to have a length of 31 days. In the Northern Hemisphere, the meteorological beginning of spring occurs on the first day of Marc ...
on the
Palace of Versailles The Palace of Versailles ( ; french: Château de Versailles ) is a former royal residence built by King Louis XIV located in Versailles, Yvelines, Versailles, about west of Paris, France. The palace is owned by the French Republic and since 19 ...
. According to an undocumented story, Marie Antoinette instructed her maid (or a lady-in-waiting) to flee with her jewels. The maid fled to London with the jewels, and perhaps artwork, documents and other treasures, secreted on her person and/or in her luggage. The woman then fled from London to Nova Scotia.


Bacon-Shakespeare authorship

In his 1953 book, ''The Oak Island Enigma: A History and Inquiry into the Origin of the Money Pit'', Penn Leary wrote that the pit was used to hide manuscripts indicating that
Francis Bacon Francis Bacon, 1st Viscount St Alban (; 22 January 1561 – 9 April 1626), also known as Lord Verulam, was an English philosopher and statesman who served as Attorney General and Lord Chancellor of England. Bacon led the advancement of both ...
was the author of
William Shakespeare William Shakespeare ( 26 April 1564 – 23 April 1616) was an English playwright, poet and actor. He is widely regarded as the greatest writer in the English language and the world's pre-eminent dramatist. He is often called England's nation ...
's works and a leader of the
Rosicrucians Rosicrucianism is a spiritual and cultural movement that arose in Europe in the early 17th century after the publication of several texts purported to announce the existence of a hitherto unknown esoteric order to the world and made seeking its ...
.Leary, Thomas P. ''The Oak Island Enigma: A History and Inquiry Into the Origin of the Money Pit.'' (T. P. Leary, 1953) Leary's ''The Second Cryptographic Shakespeare'', published in 1990, identified ciphers in Shakespeare's plays and poems which pointed to Bacon's authorship. Author and researcher Mark Finnan'Oak Island Secrets'.(Formac Publishing 1995, 1997, 2002, 2009) elaborated on Leary's Oak Island theory, which was also used in the
Norwegian Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe *Norwegians, both a nation and an ethnic group native to Norway *Demographics of Norway *The Norwegian language, including the ...
book ''Organisten'' (''The Seven Steps to Mercy'') by
Erlend Loe Erlend Loe (24 May 1969, Trondheim) is a Norwegian novelist, screenwriter and film critic. Loe writes both children's and adult literature. He has gained popularity in Scandinavia with his humorous and sometimes naïve novels, although his stori ...
and Petter Amundsen and the TV series ''Sweet Swan of Avon''.Loe, Erlend, and Amundsen, Petter. ''Organisten'' (Cappelen, 2006 – English edition published on CreateSpace). Sweet Swan of Avon: EP1: https://vimeo.com/94648237, EP2: https://vimeo.com/94648236, EP3: https://vimeo.com/94648239, EP4: https://vimeo.com/94648238


Masonic and other artifacts

In his book, ''Oak Island Secrets'', Mark Finnan noted that many Masonic markings were found on Oak Island, and the shaft (or pit) and its mysterious contents seemed to replicate aspects of a Masonic initiation rite involving a hidden vault with a sacred treasure.
Joe Nickell Joe Nickell (born December 1, 1944) is an American skeptic and investigator of the paranormal. Nickell is senior research fellow for the Committee for Skeptical Inquiry and writes regularly for their journal, ''Skeptical Inquirer''. He is als ...
identifies parallels between Oak Island accounts, the "Secret Vault" allegory in
York Rite The York Rite, sometimes referred to as the American Rite, is one of several Rites of Freemasonry. It is named for, but not practiced in York, Yorkshire, England. A Rite is a series of progressive degrees that are conferred by various Masonic ...
Freemasonry Freemasonry or Masonry refers to fraternal organisations that trace their origins to the local guilds of stonemasons that, from the end of the 13th century, regulated the qualifications of stonemasons and their interaction with authorities ...
and the
Chase Vault The Chase Vault is a burial vault in the cemetery of the Christ Church Parish Church in Oistins, Christ Church, Barbados, best known for a widespread urban legend of "mysterious moving coffins". According to the story, each time the heavily se ...
on
Barbados Barbados is an island country in the Lesser Antilles of the West Indies, in the Caribbean region of the Americas, and the most easterly of the Caribbean Islands. It occupies an area of and has a population of about 287,000 (2019 estimate). ...
. Freemason Dennis King examines the Masonic aspects of the Oak Island legend in his article, "The Oak Island Legend: The Masonic Angle". Steven Sora speculated that the pit could have been dug by exiled
Knights Templar , colors = White mantle with a red cross , colors_label = Attire , march = , mascot = Two knights riding a single horse , equipment ...
and might be the final resting place of the
Holy Grail The Holy Grail (french: Saint Graal, br, Graal Santel, cy, Greal Sanctaidd, kw, Gral) is a treasure that serves as an important motif in Arthurian literature. Various traditions describe the Holy Grail as a cup, dish, or stone with miracul ...
or the
Ark of the Covenant The Ark of the Covenant,; Ge'ez: also known as the Ark of the Testimony or the Ark of God, is an alleged artifact believed to be the most sacred relic of the Israelites, which is described as a wooden chest, covered in pure gold, with an e ...
.Sora, Steven. ''The Lost Treasure of the Knights Templar'' (Inner Traditions/Destiny, 1999). Another theory holds that the
Rosicrucian Rosicrucianism is a spiritual and cultural movement that arose in Europe in the early 17th century after the publication of several texts purported to announce the existence of a hitherto unknown esoteric order to the world and made seeking its ...
s and their reported leader,
Francis Bacon Francis Bacon, 1st Viscount St Alban (; 22 January 1561 – 9 April 1626), also known as Lord Verulam, was an English philosopher and statesman who served as Attorney General and Lord Chancellor of England. Bacon led the advancement of both ...
, organized a secret project to make Oak Island the home of its legendary vault with ingenious means to conceal ancient manuscripts and artifacts. Researchers and cryptographers such as Petter Amundsen and Daniel Ronnstam claim to have found codes hidden in Shakespeare, rock formations on the island, and clues hidden in other 16th- and 17th-century art and historical documents. According to Daniel Ronnstam, the stone found at contains a dual cipher created by Bacon.


Other theories

Author Joy Steele suggests that the money pit is actually a
tar Tar is a dark brown or black viscous liquid of hydrocarbons and free carbon, obtained from a wide variety of organic materials through destructive distillation. Tar can be produced from coal, wood, petroleum, or peat. "a dark brown or black bit ...
kiln A kiln is a thermally insulated chamber, a type of oven, that produces temperatures sufficient to complete some process, such as hardening, drying, or chemical changes. Kilns have been used for millennia to turn objects made from clay int ...
dating to the historical period when "Oak Island served as a tar-making location as part of the British
naval stores Naval stores are all liquid products derived from conifers. These materials include rosin, tall oil, pine oil, and terpentine. The term ''naval stores'' originally applied to the organic compounds used in building and maintaining wooden sailing ...
industry". When marine biologist
Barry Fell Howard Barraclough Fell (June 6, 1917 – April 21, 1994), better known as Barry Fell, was a professor of invertebrate zoology at the Harvard Museum of Comparative Zoology. While his primary professional research included starfish and sea urch ...
attempted to have the symbols on the stone translated during the late 1970s, he said that the symbols resembled the
Coptic Coptic may refer to: Afro-Asia * Copts, an ethnoreligious group mainly in the area of modern Egypt but also in Sudan and Libya * Coptic language, a Northern Afro-Asiatic language spoken in Egypt until at least the 17th century * Coptic alphabet ...
alphabet and read: "To escape contagion of plague and winter hardships, he is to pray for an end or mitigation the Arif: The people will perish in misery if they forget the Lord, alas". According to Fell's theory, Coptic migrants sailed from North Africa to Oak Island and constructed the pit. Fell is not considered to be credible by most mainstream academics.


See also

* ''
The Curse of Oak Island ''The Curse of Oak Island'' is a multi-season reality television series that chronicles an eclectic team of treasure hunters and their search for legendary treasure on Oak Island, off the shore of Nova Scotia, Canada. It is an American televisio ...
'' - TV Series


Notes


References


External links


Extraordinary Story of a Hidden Treasure – Wellington Independent, Volume XXI, Issue 2492, 14 March 1867 – From the New York Herald

'The Toilers of the Isle' – first half of the previous – 'From a correspondent of the N.Y. Times' – The Daily British Colonist and Victoria Chronicle – 5 November 1866

'The Toilers of the Isle' – second half of the previous – 'From a correspondent of the N.Y. Times' – The Daily British Colonist and Victoria Chronicle – 6 November 1866

Oak Island Treasure Company Prospectus – 1893

''Mysterious Treasures of Oak Island''
A documentary film
Oak Island Treasure
A large photo gallery, growing historical document archive, latest dig news and forum
Oak Island Money Pit
Detailed resource covering the money pit's history

containing diagrams of the money pit

A History and Inquiry Into The Origin of The Money Pit – Penn Leary 1953
"Mystery Island Baffles Treasure Hunters".
''Popular Science'', May 1939, pp. 72–75
''The Curse of Oak Island''
television show on the
History History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the History of writing#Inventions of writing, invention of writing systems is considered prehistory. "History" is an umbr ...
channel (2014–present)
''Ancient Aliens''
television show, featured in Episode 4
What’s the scoop on the mysterious buried treasure at Oak Island?
from the ''
Straight Dope "The Straight Dope" was a question-and-answer newspaper column written under the pseudonym Cecil Adams. Contributions were made by multiple authors, and it was illustrated (also pseudonymously) by Slug Signorino. It was first published in 1973 i ...
''


News reports


CBC Television "Dan Blankenship, treasure seeker"







Skepticism



Joe Nickell, ''
Skeptical Inquirer ''Skeptical Inquirer'' is a bimonthly American general-audience magazine published by the Committee for Skeptical Inquiry (CSI) with the subtitle: ''The Magazine for Science and Reason''. Mission statement and goals Daniel Loxton, writing in ...
'', March/April 2000.
History, Hoax, and Hype The Oak Island Legend
Richard Joltes, August 2006 * {{Coord, 44.51365, -64.29466, display=title Events in Nova Scotia Oak Island Urban legends William Kidd Treasure hunting