The Lost Treasure Of The Gypsy

River Rat

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Today, Mulberry, Tennessee is nothing more than a memory however; it was once a very prosperous town with one of the most popular horse racing tracks in the south. People from all over would come, bring their fastest horses, and bet on the outcome. As the legend goes, there was a family of gypsies by the name of Cooper that was known throughout the racing circuit. They usually came to the race with their pockets full of money to bet on their horses and the majority of the time walked away with the prize.

On this one occasion, one of the Cooper brothers came to Mulberry with a beautiful Arabian racehorse. His plan was to race his prize winning horse, return to the Gypsy colony, where he would marry his bride and then enjoy many days of festivities after the wedding.

Cooper bet his gold on his horse and then buried the money which amounted to $50,000 along with a diamond wedding ring and a gold pocket watch set with diamonds.

The day of the race, it began to rain. Cooper went about doing all the other mundane tasks to prepare for the race in the hopes of the rain slacking off so he win the race and be off. When the rain quit, Cooper asked the trainer to take his horse out on the track for a run or two. The trainer said that this was not a good idea since the track was slick from all the rain. Since the trainer refused, Cooper saddled up his horse and was off at full speed around the track. The horse slipped in the slick mud and fell. When the horse fell, so did Cooper. The heavy horse shoes of the Arabian crushed the skull of Cooper and he died without regaining consciousness.

Cooper was buried near the mulberry tree which gave the town its name and you could still see his grave in the 1940’s. After his death, many members of the gypsy colony would search for the treasure but to this day no one has ever located the buried gold.
 

SomeGuy

Hero Member
Jun 26, 2005
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Maybe our Gypsy would have extra luck looking for this.

Cooper bet his gold on his horse and then buried the money

I don't understand this statement.
 

Gypsy Heart

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Nov 29, 2005
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I changed my statement after re reading the story.....maybe Cooper was holding the bets from the rest of the people.....and thats why he had all the money prior to the race....
 

emtrescue

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Dec 26, 2007
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For years to come the Cooper Gypsy Caravan came, camped and searched for the buried gold, but never found it. It was on a night during one of the Gypsy Caravan's visits that "Bud" Smithson doctored a sick animal for them when he learned in full detail about the Cooper tragedy. Although, he had already heard about the incident from his father.

In the early 1940's "Bud" Smithson sold his timber to "As" Michael, a timber buyer from Trimble, Tennessee. While they were walking the woods discussing the terms of sale, they came upon Cooper's grave and "Bud" told "As" Michael the story. For years during World War II, when gas was rationed and tools hard to buy, Mr. Michael, Mr. Bailey and Mr. DeLaneycame once or twice every week to dig for the buried treasure. Several Sunday
afternoons they brought expensive money needles and psychics to find the exact location of the gold. One night they came and dug awhile, then left in a hurry, leaving behind everything. Tools were scattered at the digging site and several were left in Ulus Holt's barn. They never returned after that night, whether they found the treasure or were frightened away was never known.
 

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