Oak Island is one of the greatest treasure hunting mysteries of the last 400 years. The Money Pit as it is called, has stirred up a bevy of questions including how this simple pit has alluded treasure hunters and scientists to this day. Some believe that it might be the location of the Holy Grail, stashed by the Templar Knights. Other's believe that it might be the resting place of Sir Francis Bacon's original plays acreditted to William Shakespear. The most common belief is that The pirate Captain Kidd hid his huge stash of gold deep within the pit which accounts for all of the unusual traps. Regardless of the wild speculation there has been evidence to suggest that there is deffinately something in the pit. But not all agree....
posted by Benway on Jan 15, 2004 - 17 comments

The Mystery Pit of Oak Island. In 1795, two boys found a treasure map on Oak Island, on the coast of Nova Scotia; two hundred years, tens of millions of dollars and six lives later, the island is nearly obliterated with holes and excavations, and no one is any richer... The story of Oak Island makes a fine allegory for pursuing phantom riches at the expense of all else, in addition to just making a damn fine story.
posted by jonson on Jan 9, 2003 - 27 comments