Is gold hidden in the rugged Superstition Mountains of Arizona? ![]() Superstition Mtns, home of the Lost Dutchman mine ![]() Jacob Waltz searched for gold CASE DETAILS The Superstition Mountains in Arizona cover 160,000 acres of desolate, rugged terrain. According to legend, somewhere hidden in these mountains lie the richest deposits of gold in America—the Lost Dutchmen’s Gold Mine. The exact location of the Lost Dutchmen’s Mine remains a mystery. It was supposedly discovered by a German prospector named Jacob Waltz in 1876. Today, the lost gold would be worth over 200 million dollars. According to historian Tom Kollenborn, the Superstition Mountains were an unlikely place to strike it rich:
![]() Jacob revealed the gold ore he’d stashed But Waltz did prospect in those rugged mountains and apparently he was rewarded. When Waltz was 80 years old, he decided to hide his mine to protect it. He dug a hole six feet deep at its entrance. He then laid in two rows of logs and topped them with dirt and stones. Waltz, who was nicknamed “The Dutchman”, bragged that you could drive a pack train over the entrance to the mine and never know it was there. Several months after Waltz closed up the mine, he got pneumonia and was taken to the home of his friend, Julia Thomas. According to Clay Worst, a member of the Superstition Mountain Historical Society, it was on his deathbed that Waltz revealed he had gold from the mine stashed under his bed:
![]() Walt Gassler As his end drew near, The Dutchman gave Julia and a local miner, Rhinehart Petrasch, clues to the mine’s location. But Waltz died before he could give them a map that showed exactly where the mine lay. According to Clay Worst, the only directions Julia and Petrasch had when they ventured into the mountains were the verbal clues Waltz had given them on his death bed:
Julia invested everything she owned into the expedition, but she returned penniless and never attempted to return to the Superstition Mountains. Rhinehart Petrasch continued to search for the mine for the next 50 years. But when he realized he would never find it, he took his own life. ![]() Walt drew a map of where to find the gold Almost 100 years later, a modern-day treasure hunter claimed that he had found the mine. His name was Walt Gassler. Using clues handed down from Jacob’s death-bed description, Gassler had spent most of his free time looking for the legendary mine. But when his health began to fail, Walt contacted two other prospectors. One was Bob Corbin, who was then the Attorney General of Arizona:
![]() Walt should have been discovered with a backpack Two months later, Gassler called Bob’s partner, Tom Kollenborn, a local historian. According to Kollenborn, Gassler claimed that he had finally located the Dutchman’s mine:
Walt hiked alone into the Superstitions, never to be seen alive again. Three days later, his body was found by a ranch-hand, Don Shade. An autopsy proved he had died of a heart attack. Then, one month after Walt’s death, Tom Kollenborn had a surprising visitor:
Roland wanted to use the map and notes in Tom’s possession to retrace his father’s steps. Tom obliged Roland and gave him the manuscripts. Two months passed and Tom never heard whether Roland’s search was successful. Then one night while giving a lecture, Tom was approached by a different stranger who claimed he was Roland Gassler:
The man showed Tom an ID that confirmed he was indeed the real Roland Gassler. It became clear that the first Roland Gassler was an imposter who only wanted Walt’s map. But where did he get the gold ore sample? When Walt died, the Sheriff’s report listed a backpack among his belongings. But the real Roland Gassler never received it. Don Shade, the man who found Walt’s body, also remembered seeing the backpack, and he noticed a stranger in the area that day:
When Jacob Waltz died, he left a trunk of ore, a list of clues, and a legend of lost treasure which has captured the dreams of three generations. The Superstition Mountains have been reclassified as a federally owned wilderness area. Some believed that the fake Roland Gassler may have been in the mountains when Walt died and stole the backpack with its precious ore. If the mine were found today, by the fake Roland Gassler or anyone else, all the gold would belong to the government. But this does not prevent modern prospectors from still searching for the Lost Dutchman Gold Mine. Watch this case now on Amazon Prime in season one with Robert Stack and season three with Dennis Farina. Also available on YouTube with Dennis Farina. Various seasons available now on Hulu. |
Bill Blaski
I believe this is Aztec gold. I believe Montezuma made his way back to Utah and In doing this buried cache of gold deposits. Jacob Waltz found one of those.
Joseph Dwayne Litz
I found it. I also own claim. Mystery solved
Bill Blaski
I would love to go prospect the Superstition Mountains. Is this doable?, or is this govt land.
Jacob Waltz
Stay off my claim!
Jerry Roesch
My grandfather Walter claimed to have also found the treasure. He prospected the superstition mountains in Apache junction. Not sure what year. I want to say late 70’s. My grandmother Ruth swears by it she dropped him off at the base of the mountain. My grandfather revealed to me the location. When I asked him why he didn’t expose his find? He claimed the government would just take it.
Dan
What’s your grandfather’s name?
Harold Cohn
The Lost Dutchman Mine is in the Tonto National Forest, You need a Treasure Trove permit to search for it.
Anonymous
Why didn’t UM ever mention Curt Gentry’s book The Killer Mountains or the Oklahoma P.I. That claimed his group had found the mine and it was played out?
Bill Blaski
Anyone know if this is public property or public trails in the area?