goldeagle
Full Member
The amount of money that is probably still hidden at this little-known treasure site could be in excess of $100,000.
Up until the moment of his death, in the early 1900s, Furman Dubell denied that he had any wealth other than the home he lived in and the surrounding property. From evidence uncovered by Furman's relatives after his death, the estate and what was hidden was valued at $300,000 to $500,000.
His relatives began a search in which they found $9000 in gold, silver, and old paper bills, mostly $100.00 denominations. The bills were found between the leaves of an old book, and the gold and silver were hidden beneath the carpet, in recesses and out of the way places and buried near the shrubbery on the grounds. In one room full of rubbish, $1700 was found in a peck measuring bucket. An old cigar box contained $2500 in gold coins. Between the pages of an old pamphlet 38 $100 bills were found. Old trunks, clothes, and closets had money stuffed in pockets or cracks in walls.
Dubell received a yearly income from his estate. This money he reinvested in securities, bonds, and mortgages. He owned quite a bit of real estate in Burlington, and let several aged and needy people live in different buildings he owned rent-free.
For years he had lived on so little that his neighbors wondered how he had managed to survive. Dubell did not trust banks or any type of company savings institutions, so his income was kept at home. He had accumulated a fortune over the years through frugal living and wise investments.
Dubell had no use for his few relatives. His family, after extensive searching, could account for only about half of his wealth, about $200,000. They could only guess as to where the rest was hidden. This would be a very good location for local research. Check with the recorder of deeds in Burlington, N. J., to locate exactly where the property stood in 1905
Up until the moment of his death, in the early 1900s, Furman Dubell denied that he had any wealth other than the home he lived in and the surrounding property. From evidence uncovered by Furman's relatives after his death, the estate and what was hidden was valued at $300,000 to $500,000.
His relatives began a search in which they found $9000 in gold, silver, and old paper bills, mostly $100.00 denominations. The bills were found between the leaves of an old book, and the gold and silver were hidden beneath the carpet, in recesses and out of the way places and buried near the shrubbery on the grounds. In one room full of rubbish, $1700 was found in a peck measuring bucket. An old cigar box contained $2500 in gold coins. Between the pages of an old pamphlet 38 $100 bills were found. Old trunks, clothes, and closets had money stuffed in pockets or cracks in walls.
Dubell received a yearly income from his estate. This money he reinvested in securities, bonds, and mortgages. He owned quite a bit of real estate in Burlington, and let several aged and needy people live in different buildings he owned rent-free.
For years he had lived on so little that his neighbors wondered how he had managed to survive. Dubell did not trust banks or any type of company savings institutions, so his income was kept at home. He had accumulated a fortune over the years through frugal living and wise investments.
Dubell had no use for his few relatives. His family, after extensive searching, could account for only about half of his wealth, about $200,000. They could only guess as to where the rest was hidden. This would be a very good location for local research. Check with the recorder of deeds in Burlington, N. J., to locate exactly where the property stood in 1905
