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Best Buried Treasure Story Phoenix 2011 - Buried gold at Sierra Estrella

What makes the buried treasure story of Sierra Estrella (southwest of Phoenix) so cool is that there's not one, but several buried treasure legends tied to the area. One is the "Montezuma Head" treasure, which was supposedly left in a cave at Montezuma Point by a guy named either Campoy or Ortega, depending on which version of the story you hear.

The legend says that Campoy/Ortega found 3,000 pounds of gold in the Estrellas, and because the local natives were after him, he hid the gold in a peak just below Montezuma Head and died before he could retrieve it. Another legend talks about the lost mine of Don Joaquim, who reportedly dug a gold mine in the Estrellas in 1847 and made off with tons of gold packed onto the backs of 15 mules. Joaquim is said to have ridden south over the Estrella Mountains to a hidden cave, where he tucked away his haul, and, of course, died before getting back to it.

A third buried treasure legend talks about a small wagon train being ambushed just past Montezuma Head during the gold rush of 1847-1849. The looters supposedly made off with $50,000 and buried the money piecemeal over several nights. Of course, none of these treasures have ever been found, but you can't kill a legend — especially one that involves looking for a ton of riches.

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