Welcome guest, is this your first visit?
Member
Discoveries
 
Results 1 to 4 of 4
  1. #1
    us
    Sep 2011
    7

    Dutch Shultz Gold? Phoenica NY?

    I am originally from upstate Ny, near albany. I have heard the legend of Dutch Shultz gold for a long time. I knwo the phoenica area and that area is extremely prone to floods. I persoanlly think, this will never ever be found. I hear it was around 8 Million in barrier bonds. anyone heard anything on this?

  2. #2
    Charter Member
    us
    MR.

    Feb 2006
    Northern & Southern California (Left Coast)
    GARRETT PRO
    9,074
    147 times

    Re: Dutch Shultz Gold? Phoenica NY?

    Never heard of barrier bonds... have heard of bearer bonds though

    "A bearer bond is a debt security issued by a business entity, such as a corporation, or by a government."
    The more one learns the more he understands his ignorance. I am simply an ignor ant man trying to lessen his ignorance
    Those with the most birthdays live the longest

  3. #3

    Dec 2004
    136

    Re: Dutch Shultz Gold? Phoenica NY?

    Hi. I have a thread somewhere in this forum on this subject. I located the original cache site after a three year search. It's now on protected land and is preserved for posterity. My post includes a pic of the tree carving that marked the site. The treasure was recovered by a rival gangster who stole the map from a Schultz gang member following the hit on Schultz. This legend was kept alive for all these years because the Liberty Bonds had never been cashed. However, gangsters were being locked up for tax evasion and these bonds could have been traced leaving the owner with money they could not account for. So the bonds were destroyed as they carried the threat of a prison sentence. This was a well documented treasure as not only did 8 gang members help assemble together Schultz' personal fortune and place it in the iron box, but Schultz spoke of it in a feverish delerium on his death bed after he was shot with police stenographers recording every word. Yes, I was THing on protected land, shame on me. But if it was there you'd never have heard of me. The treasure was originally $7mil; $4-5 mil in $1000 bills, diamonds, gold coin, jewelry, Liberty Bonds, and other portable wealth.

  4. #4
    us
    Sep 2010
    New Jersey
    Fisher IV
    111
    1 times
    All Types Of Treasure Hunting

    Re: Dutch Shultz Gold? Phoenica NY?

    People have been looking for over 75 Years

 

 

Sponsors

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Powered by vBadvanced CMPS v4.1.3