Lost California Treasure

Clear Creek Mormon Coin Cache

In the 1850s, a Mormon wagon train was journeying through the Redding valley toward the settlement of Horsetown when they attempted to cross a swollen, flash-flooded Clear Creek. One of the wagons, driven by an emigrant named Bishop, tipped into a deep hole and was violently swept downstream with its cargo of newly minted gold coins. Decades later in 1910, local prospector William Dreestelhorst discovered an extremely rare 1841 ten-dollar gold coin stamped with the initials 'SMV' and inscribed with 'California Gold' in his sluice box. This discovery proved the historical existence of the lost Mormon treasure, but the rest of the wagon's gold cache remains buried in the creek's shifting sands.

Record typeburied cache
LocationShasta County, southwest of Redding near the historic Horsetown Clear Creek Diggings along Clear Creek Road.
Probability indexMedium
Land statusBureau of Land Management / Horsetown-Clear Creek Preserve (Allowed - No Firearm Hunting)
Research coordinates40.4944, -122.4980
SourceLegends of America - Northern California Treasure

Field Research Notes

The site lies within the Horsetown-Clear Creek Preserve, which is cooperatively managed by the BLM and a local non-profit. Mineral collecting is strictly regulated; treasure hunters should check current BLM rules for panning, utilize high-grade metal detectors along dry gravel bars, and consult historic flow maps to trace the 1850s channel path.

Recommended Gear

Waterproof Metal Detector, Classic Shovel, Gold Pan, Pinpointer

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