The Oak Island mystery refers to stories of buried treasure and unexplained objects found on or near Oak Island in Nova Scotia. Since the 19th century, a number of attempts have been made to locate treasure and artifacts. Theories about artifacts present on the island range from pirate treasure, to Shakespearean manuscripts, to possibly the Holy Grail or the Ark of the Covenant, with the Grail and the Ark having been buried there by the Knights Templar. 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 people and groups of people. The original shaft, in an unknown location today, was dug by early explorers and known as “the money pit”. “The curse” 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. To date, six men have died in their efforts to find the treasure.
The original story by early settlers involves a dying sailor from the crew of Captain Kidd (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 flagstones two feet (60 cm) below. According to later accounts, oak platforms were discovered every 10 feet (3.0 m); however, the earliest accounts simply mention “marks” of some type at these intervals. 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 30 feet (9.1 m) due to “superstitious dread”. 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.
Another shaft was then dug 109 feet (33 m) 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 118 feet (36 m) 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.
Note: My Sister in-law D. Smith is married to the decent child of John Smith.
Complet Story at Oak Island mystery – Wikipedia