By: Eudie Pak
From a trove of Fabergé eggs to Nazi-stolen gold dumped in a lake, these supposedly missing stashes have captured the imagination of explorers the world over. But are they the stuff of fantasy?
Mario De Biasi/Mondadori/Getty Images
Published: September 18, 2019
Last Updated: February 20, 2025
Keystone/Getty Images
Keystone/Getty Images
Legend has it that the Nazis dumped billions of dollars worth of stolen gold—in the area of $5.6 billion—into the waters of Lake Toplitz, an isolated lake located in the heart of a lush forest in the Alps. There may be some legitimacy to the claim. In the 1940s, the Nazis used the lake as a naval testing site and the mountains surrounding it as a retreat area for military officers. 1959, after the war, investigators recovered £700 million of counterfeit notes that Hitler had planned on using to sabotage Britain's economy from the lake.
Could there be valuables to find down there, too? If gold were really at Lake Toplitz, the logistics of finding it would be challenging, considering it's 300 feet deep with layers of logs at the halfway mark. Over the years at least five divers have died trying to find the legendary treasure. Other expeditions have not found any conclusive evidence.
From priceless unknown tombs to sunken treasure worth billions of dollars. Discover these 10 biggest treasure discoveries that left the whole world amazed, in this episode of History Countdown.
At the Arizona-New Mexico border lies the Peloncillo Mountains, which is home to the infamous 1,000-mile Skeleton Canyon. During the 19th century, the Canyon was known to be a place where smugglers would hide their riches and where bandits were on the prowl trying to steal it from them.
Legend has it, in the late 1880s, a group of bandits successfully raided the Mexican city of Monterrey and carried off a treasure trove of silver and gold, diamonds, statues and Catholic vestiges.
Heavily hunted by authorities, the bandits allegedly hid the loot in the Canyon. Other accounts say the bandits were ambushed by American outlaws who then stashed it in some kind of underground cavern. Either way, according the HISTORY's "Lost Treasures," it's believed that the cache of loot lies buried somewhere in the canyon. Several treasure hunters have tried to locate the so-called Skeleton Canyon Treasure but have so far been unsuccessful.
In this History of the Holidays video, learn the origin of one of Easter's most elegant decorations, the Faberge egg. The first Faberge egg, or imperial egg, was requested by Czar Alexander III as an Easter gift for his wife, Czarina Maria.
In 1885 Russian Czar Alexander III appointed Peter Carl Fabergé as "Goldsmith to the Imperial Crown." Fabergé went on to create the very first bejeweled egg made of gold and enamel he called the "Hen Egg" for the czar's wife Empress Maria Fedorovna.
Over the next three decades, he would produce 52 more of these ornate eggs for the Russian Royal Family. However, after the 1917 Russian Revolution, which resulted in the execution of most of the Royal Family, Fabergé fled to safety, eventually landing in Switzerland. The new regime confiscated the eggs, ultimately leaving seven eggs unaccounted for.
In 2015 the eighth egg, the "Third Imperial Easter Egg_,_" which was long thought to be lost, was discovered to be owned by a scrap-metal dealer who, unbeknownst to him, had a historic antiquity in his possession worth over $30 million. In fact he had planned on melting the egg down for its gold.
The U.S. Navy submarine USS Queenfish, pictured in 1944, which sank the Japanese Awa Maru in 1945.
Arkivi/Getty Images
The U.S. Navy submarine USS Queenfish, pictured in 1944, which sank the Japanese Awa Maru in 1945.
Arkivi/Getty Images
As World War II was drawing to a close, the United States shifted their attention towards the Allied soldiers who were being held captive as POWs in Japan. Switzerland stepped in and brokered a deal with both countries: the U.S. could send supplies to the POWs while Japanese ships could sail through without fear of retaliation.
The Japanese took advantage of the opportunity, utilizing massive ships to transport privileged citizens, raw materials, invaluable artifacts, precious gemstones, and gold—worth an estimated $5-$10 billion dollars. Such was the case aboard the Awa Maru.
Unfortunately in 1945 bad weather prevented the USS Queenfish from hearing about the peace deal, and when it detected the Awa Maru, the American fleet torpedoed the ship, killing all 2,004 people onboard, save one. It wasn't until decades later that U.S. authorities revealed the Awa Maru sunk in Chinese waters.
In the 1970s a costly Chinese expedition attempted to find the Japanese riches but turned up empty. In 1981 a declassified U.S. document revealed that the Awa Maru—on its second-to-last voyage—did indeed have valuables on board but already delivered them to Singapore and later to Thailand. It was only on its final trip that the Awa Maru met its fateful end, but by then, it was only carrying iron and coal back to Japan.
Painting of the Spanish led by the conqueror of Peru Francisco Pizarro (1470-1541) battling with the ill prepared Inca led by the last Inca king of Peru, Atahualpa (1500-1533). Afterwards, the Inca left for the Brazilian rainforest to create the city of Paititi.
VCG Wilson/Corbis/Getty Images
Painting of the Spanish led by the conqueror of Peru Francisco Pizarro (1470-1541) battling with the ill prepared Inca led by the last Inca king of Peru, Atahualpa (1500-1533). Afterwards, the Inca left for the Brazilian rainforest to create the city of Paititi.
VCG Wilson/Corbis/Getty Images
Never mind the legend of El Dorado, the city of Paititi may be a real place paved in gold. For 40 years, the Spanish and the Inca were warring over territory in Peru, with the latter fleeing to the Vilcabamba Valley where it remained their stronghold until 1572.
By the time the Spanish took over the area, most of the Inca had deserted the city—with treasure in tow—and journeyed deep into the southern Brazilian rainforests. The new city that they established, along with their vast sums of gold, were never found. However, in 2009, satellite imagery revealed deforested areas in the Boco do Acre region of Brazil, evidence of possible ancient settlements.
In preparation for war, Hitler wanted to find substitutes for fat-based products—including margarine—in case imported sources were cut off.
Countless history books, TV documentaries and feature films made about World War II, many accept a similar narrative of the war in the West, which may not be entirely accurate.
Even before the US entered World War II, German military intelligence had developed a plan to secretly infiltrate the East Coast and sabotage American war efforts.
Hitler’s war against Boy Scouts fueled the Third Reich’s ideology—and its military might.
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