The site of the original Money Pit, 36 feet above sea level – Source: Nova Scotia Archives THE CURSE OF OAK ISLAND’S TREASURE However, overcoming boobytraps, flooding tunnels, and other intrepid dangers, is proving to be a massive obstacle. The Oak Island Treasure found so far has left hunters with the hope that a massive bounty still awaits them. As such, the excavation site’s nickname, Money Pit, is appropriate for more than one reason. The Island has changed hands multiple times over the centuries, as treasure hunters have exhausted much time and finance to chase after what is hidden in the heart of the Island. Little did McGinnis realize that what he had stumbled upon would turn out to be one of the world’s most enduring, expensive, and laborious treasure hunts of all time. ![]() It didn’t take much convincing for treasure hunters to tie the alleged pirate treasures to the site. McGinnis’ find revealed a man-made shaft that had been engineered of tree logs and landfill. From Spanish military booty to Shakespeare’s lost manuscripts, and Knights Templar treasures – conspiracies are rampant about what mysterious treasures actually lay hidden beneath the earth’s surface. Since then, the Island has become the home to multiple legends and stories. It had been rumored that the notorious pirate, Captain Kidd, had left his accumulated loot worth £2 million (at the time) somewhere in the region. In 1795, a man by the name of Daniel McGinnis came across traces of hidden treasures on Oak Island, in Nova Scotia, Canada. Oak Island Treasure Found – What is the Backstory? While these coveted treasures remain yet unfound, some peripheral riches have been discovered, along with possible traps, evident clues, and other significant pieces of interest.Įveryone loves an authentic pirate tail, and the mystery surrounding Oak Island has certainly caught the attention of avid treasure hunters for centuries now. These are just some of the priceless artifacts rumored to lie at the bottom of what is now termed “The Money Pit” on Oak Island. ![]() ![]() Pirate’s treasure, Shakespearian manuscripts, the Holy Grail, and the Ark of the Covenant.
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