I have not only researched this story but have searched for the treasure. It was in 1982-1983. My partners and I explored a number of interesting places on Assateague within the Chincoteague National Wildlife Refuge. After being caught with a magnetometer, I told the refuge manager I was looking for Wilson's treasure. Actually, I was looking for
La Galga but we decided to pursue the permit route for Wilson's treasure. After nearly a year of waiting for answer to the application, I was summoned to the refuge manager's office. I was told that in order to get the contract from the General Services Administration I would need an access permit from the refuge. And to get the refuge permit I was told that we needed to supply the refuge manager evidence "stronger than rumor or legend" that the treasure did actually exist. I was told that the information would be locked in the manager's drawer and would be safe. We certainly had no proof to support the validity of the infamous treasure letter written by a Charles Wilson to his brother George. After very extensive research, I later concluded that the letter was a hoax. One line is a dead givaway: it was said that ten iron-bound chests were buried on a bluff between three cedar trees about one and one-third yards apart. Ten chests simply wouldn't fit. And such a precise measurement between the trees is suspect and if the trees had any age to them it would be very difficult for all three to survive that close together.
I believe this "legend" was put out by real estate developers who were trying to sell lots on the Maryland side of Assateague in the early 1960s.
Below, I am on left, then Ned Middlesworth, then Chip Bane. The picture was taken "on a bluff overlookng the Atlantic Ocean on a woody knoll."
View attachment 574976 You can read all about this at
La Galga is the legendary Assateague Spanish galleon