Top theories about the treasure and mystery of Oak Island
Did Sir Francis Drake bury Spanish gold on Oak Island?
Sir Francis Drake was a British privateer who may have buried stolen Spanish gold on Oak Island.
This painting shows Drake defeating the Spanish Armada in the 1500s. Drake captured many Spanish ships during his career as a privateer.
Drake stole some of the Spanish gold he captured. He was known to bury it to hide it from the authorities.
Spanish coins like these have been found on Oak Island. They could be evidence that Drake buried some of his stolen Spanish gold on Oak Island.
Drake’s stolen treasure is one of many explanations of how Spanish gold could have ended up on Oak Island. Those stories are told in John Bell’s Oak Island Illustrated: the 225-year Search for Truth and Treasure.