The lost treasure of the superstition mountains

East of Phoenix Arizona near Apache Junction lies the superstition mountains. Legend has it that in the 1850’s a member of the Peralta family fled into the area while on the run. The story of Superstition Mountain and the Lost Dutchman Gold Mine

images of the superstion mountains

As the story goes the journey began in the direction of a prominent landmark called weaver’s needle. While trekking through the area he supposedly found a rich gold deposit which he began to mine before bringing back others to help.

lost dutchman mine cluesThe bible on the lost dutchman gold mine

Jacob Waltz 1810-1891 was said to have crossed paths with those who knew about the mine and they supposedly bragged the whole story to him before he promptly drew his gun and shot them dead. Jacob Waltz was said to have taken over the mine becoming very rich and concealing its location by killing all who followed him into the mountains or inadvertently crossed his path as he travelled back and forth from the secret location.

Article written by Steven School.

The story of Superstition mountain and the lost Dutchman gold mine

the story of superstition mountain and the lost dutchman gold minethe lost dutchman gold mine and jacob waltz

The bible on the lost dutchman gold mine and Jacob Waltz

Peg leg Smith lost gold mine Colorado


Thomas L Smith 1801-1866 who was perhaps better known as “peg leg smith” trapped beaver, sold furs, and owned a trading post in Idaho along the Oregon trail where he sold horses. In 1827 he earned his nickname pegleg because he was struck by an arrow leading to amputation of the limb as well as the fabrication of a wooden “peg leg” which helped him to walk again.

peg leg smith monument

Legend says that pegleg smith was travelling down the Colorado river at some point between 1820 and 1840 on his way to Los Angeles in southern California. As he trekked across the Colorado desert he encountered an area which he described by the visible landscape as “three buttes”. He began collecting black rocks which he thought to be copper but rumor has it that upon arrival in Los Angeles the nuggets were assayed to reveal gold. The legend of pegleg smith and the black gold nuggets has sparked many treasure hunters to search for pegleg smith’s lost gold mine in the area of the three buttes which is said to be second only to the lost Dutchman gold mine. The story goes that pegleg smith organized at least two search parties to go back and look for the three buttes gold deposit in the Colorado desert with no success.

I’m sure many men have wished they could trap beaver like old pegleg smith.

Article written by Steven School.

Lost Gold and Silver Mines of the Southwest Paperback – October 10, 1996

lost gold mine stories