Yeah, because the most likely thing for pirates to do when they come into a bundle of loot is sail to the middle of nowhere and spend a few years engineering crafty traps beneath which they will permanently store their cash.<p>Outside of novels, movies and video games, pirates didn't bury their spoils: They spent it. The only treasure to be found in stories like these comes out of the pockets of the gullible souls who search for it.
I've been reading stories about this place since I was a kid. Given the state of the art in archeology you would think that they could have solved this mystery by now -- if there was anything to solve.<p>Seems to me it has turned into a marketing campaign for the island instead of a real search for treasure.
The History Channel just aired a 2-hour special that included an in-depth discussion titled "Holy Grail in America" which talked about the island and the Money Pit. I would recommend catching it if you missed it.<p>Pretty fascinating as it really gets down to how the Knights Templar discovered America perhaps hundreds of years before Columbus.<p><a href="http://www.history.com/shows.do?action=detail&episodeId=481900" rel="nofollow">http://www.history.com/shows.do?action=detail&episodeId=...</a>