Rumored site of $55M in Civil War-era gold draws FBI’s attention, reports say

Lots of FBI agents, Pennsylvania state authorities and members of a treasure-hunting team dug in a remote Pennsylvania web site earlier this week, on rumors associated with Civil War-era gold being hidden there.

A 155-year-old legend has it that the Civil War-era gold shipment certain for a U. S. Mint within Philadelphia was either lost or even hidden northeast of Pittsburgh round the time of the Battle of Gettysburg in 1863.

President Abraham Lincoln apparently ordered the shipment to help pay out Union Army soldiers, Dennis Parada, owner of local treasure-hunting team Finders Keepers, told WJAC-TV .

“I’ m not going to quit till it’ s dug up, inch Parada told the Philadelphia Inquirer, “and if I die, my kid’ s going to be around plus make sure it’ s going to become dug up.

“ There’ s some thing in there and I’ m not really giving up. ”

“I’ m not going to give up until it’ s dug upward, and if I die, my kid’ s going to be around plus make sure it’ s going to become dug up. There’ s some thing in there and I’ m not really giving up. ”

– Dennis Parada, proprietor of Finders Keepers, a treasure-hunting group

Based on various stories, the shipment was made up of either 26 or 52 precious metal bars, each weighing 50 lbs, meaning it would be worth $27 mil to $55 million today.

Local lore that the federal gold might be smothered at the Dents Run site within Benezette Township, Pa., about 135 miles northeast of Pittsburgh, captured the FBI’s attention.

President Abraham Lincoln subsequently reportedly ordered a gold delivery to be made to Philadelphia, for transaction to Union Army soldiers.   (AP)

Therefore earlier this week agents from the agency and officials from the Pennsylvannia Division of Conservation and Natural Assets (DCNR) set up a search area away from Route 555, the Courier-Express reported .

The website is west of Driftwood, in which a crew delivering the gold had been attacked in an ambush, lone survivor Sgt. Jim Connors reportedly informed his Army superiors at the time, the particular Philadelphia Inquirer reported . But the Military reportedly doubted his story plus Connors died in a “ traditional western outpost, ” leaving the loot unfound.  

This week the FBI more than likely say why it was at the web site, revealing only that it was conducting “ court-authorized law enforcement activity. ”

Historians have got cast doubt that the shipment associated with gold was lost on its way in order to Philadelphia. Finders Keepers also stated Pennsylvania’ s Historical and Art gallery Commission claims the legend from the lost gold is a myth, the particular Inquirer reported.

But the lost treasure recuperation group has insisted for years it discovered buried gold in a condition forest at Dents Run (within the township) using a high-powered detector, but federal law wouldn’t let it coduct a dig in search of a lot more, the Courier-Express reported.

A spokesman through the Pennsylvania DCNR said that the group earlier asked to excavate the site, yet elected not to pay a necessary $15, 000 bond.

The spokesman furthermore referred questions on Tuesday’s action to the FBI, and Parada mentioned he was under FBI purchases not to discuss the site.

The Related Press contributed to this report.

Amy Lieu is a information editor and reporter for Sibel News.