Wednesday, December 29, 2010

Rebel Gold and the Danville Cemetery

Here's a little background for the upcoming History Channel show. As the Confederate Capitol in Richmond Virginia was about to fall into Union hands CSA President Jefferson Davis decided to evacuate the city and move south to Danville, Va. A train was made ready for the President and the remaining Confederate funds estimated to be $500,000 in 1865. Loaded in a separate rail car were the funds from six Virginia banks.

Lt. William Parker along with cadets  from  the Confederate Naval Academy guarded the treasure and took it as far south as Washington, ga. For whatever reason they turned back and on May 2, 1865 near Abbeville, S.C. they met up with Jefferson Davis. Lt Parker turned over the rebel gold, but kept out $1500 to pay his men.

It is from this point on that the many theories on what happened to the treasure kick in. Eight days after Lt. Parker turned over the funds, Jefferson Davis was captured near Irwinville, Ga. The treasury funds were not in his possession.

Theories include the money being buried in one of two cemeteries in Danville, hidden under the Stanford College main building, or being spirited away to Europe to pay some of the war debt the Confederate States had accumulated.

For a few years I have been reading threads on treasure forums about this topic. One person in particular has talked about locating this treasure but was repeatedly denied permission to search the cemetery in Danville by city officials.

If the decoded show ends up like the rest of them I watched so far, we'll have to wait for some future event to find out if anything is really in the cemetery. Expect some mention of the KGC and more than a few wild claims.

In an upcoming post I'll tell you about another Confederate treasure that was lost during the war. This one won't be making it on the tv, but was estimated to be worth $350,000 at the time.


Anonymous said...

I live in the Danville area I have seen the markings on the trees some are at a Lt. Jones grave the other markings are nearby on three trees These markings are KGC markings.

okie treasure hunter said...

Dan how do you know these are KGC markings? As of yet there hasn't been any documentation found that shows a guide to such symbols. There have been a few enterprising people who have written books claiming to show such things but take them for what they're worth.

okie treasure hunter said...

I would also have to say I hit the nail on the head when I wrote the article about the show before its broadcast.

Sharon Sarvey said...

I have researched the fall of the Confederate Government for years. I have come to believe there were several Confederate treasures including gold and silver that was in possession of the Confederate Treasury. Therein is the rub some confuse the two terms Treasure/Treasury. The answer to the whereabouts of what remained in the Treasury can be found in plain sight. Befuddling to me is why Metzler never mentioned it. Contact Jeff Sarvey at if interested.

Anonymous said...

What do you mean sharon?? In plain sight?? what am i missing?? what didnt meltzer mention??

William Burnette said...

The silver is not in the cemetery. It is buried down by the river. I have the capstone with Jefferson Davis carved with the frown on his face!