Located on the south shore of Nova Scotia, Canada, there is a grouping of 360 small islands in an area known as Mahone bay. Amongst those islands is a 140 acre piece of land known as Oak Island. Sitting only 35 feet above sea level, the island’s history tells of an impenetrable cache of treasure located in a “vault known as the Money Pit. Since as early as the 1700’s, adventurers have tried to infiltrate the Money Pit and lay claim to the bounty. Many of died while trying and o date none have succeeded.

In 1795, Daniel McGinnis, who was 16 years old at the time, discovered a circular depression in the ground on the southeastern side of Oak Island. Hanging from a nearby tree was a ship tackle box and pulley system. Familiar with the local pirate and treasure lore, McGinnis quickly told his friends John Smith (some earlier accounts note his name as Samuel Ball) and Anthony Vaughan. Deciding the search for buried treasure themselves, together they began to dig deeper into the pit in an attempt to discover exactly what the mysterious pit contained and why it was built.

After digging only a few feet, they discovered an odd layer of flagstones. They continued to dig noting that there were pick marks on the walls of the pit where someone before them had dug out the pit. Curiously, every ten feet they found a layer of logs. After 30 feet of digging, the tenacious boys finally gave up their quest. Accounts of their quest spread to the neighboring islands and their search became the beginning of the Money Pit legend.

Read More: Located on the south shore of Nova Scotia, Canada, there is a grouping of 360 small islands in an area known as Mahone bay. Amongst those islands is a 140 acre piece of land known as Oak Island. Sitting only 35 feet above sea level, the island’s history tells of an impenetrable cache of treasure located in a “vault known as the Money Pit. Since as early as the 1700’s, adventurers have tried to infiltrate the Money Pit and lay claim to the bounty. Many of died while trying and o date none have succeeded.

In 1795, Daniel McGinnis, who was 16 years old at the time, discovered a circular depression in the ground on the southeastern side of Oak Island. Hanging from a nearby tree was a ship tackle box and pulley system. Familiar with the local pirate and treasure lore, McGinnis quickly told his friends John Smith (some earlier accounts note his name as Samuel Ball) and Anthony Vaughan. Deciding the search for buried treasure themselves, together they began to dig deeper into the pit in an attempt to discover exactly what the mysterious pit contained and why it was built.

After digging only a few feet, they discovered an odd layer of flagstones. They continued to dig noting that there were pick marks on the walls of the pit where someone before them had dug out the pit. Curiously, every ten feet they found a layer of logs. After 30 feet of digging, the tenacious boys finally gave up their quest. Accounts of their quest spread to the neighboring islands and their search became the beginning of the Money Pit legend.

Read More: http://www.altereddimensions.net/places/OakIslandMoneyPit.aspx