Underground Discovery & Exploration

Underground Discovery & Exploration

Archive for the Category 'Gold Coins'

Gold Robbery Lies

Tuesday, May 31st, 2011

Gold Robbery Lies are more prevalent than gold robbery truths. The frontier bank is held up, sometimes by design, others by chance, the banker has had his hand in the till, and now sees a way to come out squeaky clean. The banker claims $25,000.00 was stolen, when in actuality the robbers only took $1800.00. Even if the robber denies that he took that much, no one believes him and a new treasure story is born and more gold robbery lies are spun into the annals of history. The press has ALSO been guilty of perpetuating, exaggerating and downright fabricating amounts stolen in holdups under the guise of reporting (selling) the copy!

“$23,200 IN GOLD COIN BURIED BETWEEN THE OLSON PLACE AND THE BUTTERFIELD STAGE STOP! Only $1800 recovered. Robber hung and never reveals the location of the missing buried loot.” Truth or Gold Robbery Lies?

The forest road was crooked and rough. We bounced over the ruts and washes traversing the century and a half old ranch. One gold robbery happened on the old Star stage line that operated between Prescott and Santa Fe. The story that was published estimated the value of the un-circulated gold coins in 1879, to be $225,000.00. (Today’s value would make it well over $16 million.) The ranch owner chatted endlessly, divulging mountains of facts and treasure lore about this huge stash of gold coins. The bank decided that the gold coin shipment was to be a secret. A common freight wagon would transport the coins with no outriders for protection. Freight wagons were common on this route and everyday freight had never been robbed on this road. A stage station (a place to change horses, use the outhouse facilities, sometimes eat and always water) was located near a spring that was ¾ of a mile from the ranch headquarters. There were four robbers waiting for the shipment at the stage station when the freight wagon arrived. The robbers shot the guy “riding shotgun” and killed him, but the driver fell from the wagon seat, scrambled to the woods and escaped without being wounded. The driver returned in 50 minutes from the ranch house where the sheriff just happened to be lunching with a posse out on a different mission…

The law men raced into the stage station property where they discovered that the robbers were still there! The posse closed in and trapped the bandits in the station. A gun battle ensued and raged well into the dark without the first bandit giving up. The Sheriff started the stage station on fire, the bandits came running out shooting, and all 4 were killed at the station. The next morning the ashes were sifted, the grounds searched but the three boxes of gold coins were nowhere to be found. Claims were made that the 3 wooden boxes were never found. We do know that magic was not applied to make them disappear. What we have here is classic Gold Robbery Lies! There were just too many convenient happenings.

• No outriders, not even trailing the wagon.
• Sherriff only a stone’s throw from the robbery with a posse, having lunch.
• No one manning the stage station?
• Driver escapes without being shot.
• Why did the robbers stay at the stage station for almost an hour after the driver escaped?
• Why wasn’t the gold coins or melted gold found where the station had burned?
• The driver never saw the 3 boxes of gold. Tarp was already tied down when he arrived.

Underground Discovery started at the springs to set up the long range gold detector. (One of the theories was that the outlaws threw the coins in the springs.) The machine eliminated the springs immediately. The long range gold detector has the ability to find the current hidden gold coins or where they were buried and then dug up. The buried cache was located less than a half mile from where the station was located, right at the tree line of a lake. The caliche rock soil made for tough, slow digging when you are in a hurry. It was evident from 20 feet away that the ancient cache had been dug and the hole never recovered.

Now the facts to refute the Gold Robbery Lies:

• $225,000.00 of $20 gold one ounce coins equals a 74 foot long single roll of coins.
• $225,000.00 equals 11,250 coins.
• 11,250 coins weigh 771.43 pounds
• The coins are 1.33 inches in diameter . Each box would have to hold 24.66 feet of single roll coins.
• There were 3 wooden boxes to hold the gold coins each holding 257 pounds or 3750 coins.
• Each box would have to measure at least 8” by 6” by 12” long with and outside dimension of 9”X7”X13”.
• 24 rolls 12” long, 6 rolls to the layer, 4 layers of coins.
• The hole needed to be a minimum of 13” long by 9” wide by 21” deep to house the three boxes. Yes a smaller hole could be dug if you poured the coins in the hole loose without the boxes.

However, the empty hole was carefully scraped to the bottom. It was barely the width of a shovel and only 24” deep. An impossible size hole to house the 11,250 coins that needed to be extracted quickly at the time of retrieval. Second our equipment estimated that the size of the cache of gold coins had only been the size of a quart jar which would have fit the hole we were staring at perfectly. There is no way that there ever were 11,250 gold coins buried at this site. The machines don’t lie. We can tell how much, how deep, and sometimes how long it’s been there.

Let’s review the Gold Robbery Lies and the Gold Robbery facts:

• Obviously someone leaked out the information of the gold shipment,
• It appears that 6 men were involved in the robbery,
• The Ring leader (banker?), the freight wagon driver, and 4 fall guys.
• The quart size loot robbed by the 4 fall guys was payoff for the wagon driver.
• The rest of the loot was never put in the wagon…

Now one would have to do a little research to find out about insurance jobs back then, because with the information that Underground Discoveries was able to detect, the size of the shipment was defiantly not the size that was reported to the authorities. You see, not only can we discover where the loot is buried, we can tell how much is there as well. We found where the loot had been buried.

Our personal opinion is, whoever the inside guy was, knew where they were going to bury the gold, because the 3 to 4 hour job to dig the hard caliche rock hole had to have been dug prior to the robbery not in the 50 minute interval between the heist and the sheriff arrival. We suggest the small cache was for the wagon driver who had to have known in advance that the sheriff would be close by. The 4 fall guys had to have known the driver was part of the scheme, because 4 men can certainly shoot 2 un-expecting men on a stopped wagon. Or perhaps some treasure hunter happened across the small gold coin cache by accident. You make the call!

More Gold Robbery Lies survive the test of time because we as readers want there to be more there in the elusive treasure cache…

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[tag]Gold Robbery Lies,gold coins,buried treasure[/tag]

Silver Coins for the Underground Bank

Tuesday, April 21st, 2015

Montana was the nearest neighbor to the underground bank for silver coins.

Religious differences drove father and son apart. Seldon went into the service and came back to be a salesman. World War II was the ending of a great depression/recession in the land. Veterans were just as jobless as boys who didn’t serve. Seldon started selling vacuum cleaners and remained successful because of his dad’s training that he called “sticktoitivness”.

As the years rolled by Seldon noticed the vending business had advanced since the war and there was now more than bubblegum machines and M&Ms. Cigarettes, candy bars, soda pop, coffee and crackers were now available in vending machines.

Seldon traveled to the capital of Minnesotan’s Empire to visit the vending machines sales capital of the United States. It was a small investment compared to normal sales, but it was the first day of building an empire for Seldon. The truck and trailer were full. Seldon took two weeks off from selling vacuum cleaners and proceeded to set up vending machines all over the capital of his state.

Upon arriving a few days later Seldon saw his vending machines setting idle empty of product for sale but full of silver cash. For the next 23 years Seldon filled every machine with pop, candy, cigarettes and coffee and emptied every cash drawer. Seldon was the only vendor who had vending machines in this city for 23 years. I met Seldon on one of my business trips, stayed in the same motel every week, Seldon rented room and a suite in this motel, as we became acquainted we began to take our meals together. (circa 1976)

One evening Seldon asked if I’d give him a hand, placing silver coins in his underground bank for I said,” sure”, and the story begins. Seldon took me down to the little room that he rented which was no bigger than a broom closet, 6 feet wide, 8 foot deep. The floor was stacked two 5 gallon buckets deep, full of silver coins for the underground bank. (Seldon had a machine that sifted the silver coins from nichols). Seldon needed me to help him load these 5 gallon buckets in the back of his station wagon. Because of the weight we were only able to take eight buckets at a time.

20 minutes outside of town in the dark we arrived at a barn. Seldon got out and reached into the grass and unscrewed a 2” galvanized pipe cap. Seldon had brought along a huge galvanized funnel that he inserted in the pipe. Slowly we began to dump the 5 gallon pails into the funnel. My inquisitive nature couldn’t hold back, “what’s down there Seldon?”

Seldon said that he had buried a chest freezer with a metal pipe welded in the lid with backhoe. “What you do when it gets full?”

He said I’ll bury another one, there is five around this barn now.

On the way back to town, Seldon recounted a story about his father, who was a farmer that cleared the land and removed rocks to the edge of the field to make a fence out of stones.

When Seldon inherited the land, he hired a front end loader and a dump truck to scoop up the rock fence. As the loader pushed into the rocks Seldon noticed a pipe being pushed out the other side. He tried to lift the pipe but it was too heavy. So the loader operator helped Seldon lift one end on to the bucket, and then the other end. Seldon said “let’s take it to the barn”, where the pipe was put in a vice and a pipe wrench was used to attempt to take off the cap. The cap would not budge. A torch was eventually used to cut the cap off the end of the pipe. The glow of gold coins supplied the reason the pipe was too heavy to lift by hand. It turns out the Seldon’s father refused to comply with the gold act of 1935 and surrender his gold coins, using instead the stone fence as his gold vault. Seldon’s father had passed away eight years prior to tearing down the stone fence. He had never told Seldon the gold was in the pipe under the stone fence.

So I asked Seldon, “are you to tell your children about that silver coins that you have buried by the barn, “Nope, he replied, that’s my retirement let them earn their own!”

I talked with Seldon five years ago, he was 89. We did not discuss the barn,his bank or his retirement. Somewhere next door to Montana there is several million dollars silver coin waiting for the new owner to uncover. (These coins are all prior to the clad coins)

It turns out Seldon’s retirement was well-placed. Six months after helping Seldon deposit in his underground bank, an organization came to town and offered to buy Seldon’s vending business. He was told this would be their only offer and that it was too good for him to refuse. Seldon sold his vending business and went back to selling vacuum cleaners, he said it gave him something to do…

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