The man who buried his treasure in a poem

Forrest Fenn, an art dealer told he was dying of cancer, has decided to leave a unique legacy: a fortune in antiquities hidden in the Rockies, and a cryptic poem that may lead right to it. But will his treasure ever be found? Alex Hannaford reports.

Forrest Fenn's treasure
Fool's gold? The chest, dated to AD 1150, that is said to contain Forrest Fenn's treasure Credit: Photo: AP

Two years ago, Dal Neitzel set off in search of treasure. He drove 1,540 miles from his home in Washington State to the Sangre de Cristo Mountains, part of the Rockies in New Mexico, hoping to find a Romanesque chest.

Dated to about AD 1150, the chest is said to contain in the region of $3 million (£1.9 million) worth of treasure: gold coins, pre-Columbian gold animal figures, Chinese jade carvings, a 17th-century Spanish ring with an inset emerald, rubies, sapphires and diamonds.

Neitzel was led to the haul by a short six-stanza poem found in a book. Deliberately vague, it apparently included nine cryptic but vital clues, including: “Begin it where warm waters halt / And take it in the canyon down / Not far, but too far to walk / Put in below the home of Brown.” The author of the poem was an elderly Texan art dealer named Forrest Fenn.

An inveterate raconteur with an infectious chuckle, Fenn was a familiar face in Santa Fe, where he’d lived with his wife, Peggy, since the Seventies. In 1988, he was diagnosed with kidney cancer and the prognosis was grim: he figured he had about a year to live, and that’s when Fenn started to formulate a plan to bury some of the treasure he’d acquired over the years, leaving clues to its whereabouts. “It had been so much fun building my collection over the decades,” he later wrote, “why not let others come searching for some of it while I’m still here?” In the event, it took him more than 20 years to go through with the plan, by which time his cancer was long-gone. In 2010 he self-published a book, The Thrill of the Chase, a memoir packed with clues and a poem leading to the treasure chest. “There must be a few Indiana Jones types out there, like me, ready to throw a bedroll in the pickup and start searching,” he wrote.

The book, which was initially only available through one bookshop in downtown Santa Fe, sold steadily, but it wasn’t until 2013 that Fenn’s treasure attracted national attention. Earlier this year, a producer on long-running American morning television programme The Today Show read an article about Fenn in an in-flight magazine, and Fenn’s subsequent appearance led to a dramatic increase in orders for his book. Fenn’s latest book, Too Far to Walk, is about to be published, and he says it could offer treasure seekers more clues to help lead them to the chest.

Dal Neitzel is just one of hundreds of people who have contacted Fenn to let him know they’ve been searching for his haul. Before he set out, after poring through historical books and scouring maps, Neitzel, a 65-year-old former TV cameraman, convinced himself the treasure was in the Rio Grande Gorge in New Mexico, close to the border with Colorado. Remarkably, he’d managed to locate a large house on the edge of a steep drop that overlooked a gushing river. Outside that house was a sign that read: ‘Brown’. He read Fenn’s poem aloud again: “Put in below the home of Brown.” That had to be it.

The poem leading to Forrest Fenn's treasure
The poem leading to Forrest Fenn's treasure

The poem leading to Forrest Fenn's treasure

But after days spent scouring the river bed and banks, he knew it wasn’t. “Today I’d walk right past that spot because one of the things we know is that when Forrest hid the treasure he intended for it to potentially stay hidden for 1,000 years,” he says. “If nobody finds it right away it’s OK with him. And so he couldn’t possibly be referring to a living person by the name of Brown because they – and their house – won’t be there in a thousand years.

“It must refer to something historical,” Neitzel says. “Something written in history. Something geological, perhaps. Something that someone could continue to find forever.”

Dal Neitzel isn’t sure how much time or money he’s already devoted to hunting for the treasure. “I’m not a very good accountant,” he says, laughing. “I have no idea, but for the past three years I guess this has eaten up just about every free moment I have. We’re talking about months of time I’ve devoted to it. And each time I go to the Rockies searching I spend about a thousand or two on gas and accommodation.”

But, Neitzel says, “If I desperately needed the money, I wouldn’t be able to afford to go looking for it.”

Fenn lives with his wife in a beautiful house surrounded by trees in the hills overlooking Santa Fe, just a short drive from the art gallery he used to own and where he made his fortune. A cacophony of dogs greets me as I pull into his long driveway and I slow to a crawl in order to avoid the smallest one. Now in his early eighties, Fenn greets me at his door with a firm handshake and leads me down some steps into his study, a shrine to his years of collecting, trading and archaeological excavation. There are millions of dollars’ worth of artefacts on display here.

On a small table underneath the window, 20 or 30 small dolls stand facing forward, resplendent in colourful costumes and beaded necklaces. “They are Plains Indian and Apache dolls,” Fenn says, already moving on to another display. “The earliest dates from about 1725; the oldest was made in about 1880.”

He pulls a book from the shelf, bending the fore-edge slightly to reveal a delicate watercolour. It’s a painting of the city of Cambridge in England, he tells me. Flip the book over, bend the fore-edge again and it’s a painting of Oxford.

On the floor beneath the bookcase is a row of ladies’ high-top moccasins. “Kiowa and Comanche,” Fenn says as he leads me to another small table. “Here’s my ancient Egyptian stuff.” He hands me a mummified falcon. “I’ll show you an X-Ray of what’s inside,” he says, opening a drawer in the table and pulling out a plate showing some skeletal remains.

On the wall above the fireplace are what look like cattle skulls. “They’re buffalo,” he says, noticing my interest. “Sundance skulls. They were used in a Plains Indian ceremony.”

Elsewhere are Taos drums from the 1900s, Native American knives in beautiful beaded sheaths, clothing, bracelets and ornaments. What’s his favourite item, I ask? “It’s the first little arrowhead I found when I was nine years old down in Temple, Texas. That’ll be the last thing I sell.”

The arrowhead is kept in Fenn’s vault – along with a large number of other artefacts he hasn’t room for in his study. Among them is a peace pipe that apparently belonged to the Lakota Sioux tribal chief Sitting Bull. I wanted to say, as author Craig Childs did in his 2010 book about archaeology, Finders Keepers, that it should, surely, be in the Smithsonian or in the hands of the Sioux Indians.

Forrest Fenn, in his study in Santa Fe (Alex Hannaford)
Forrest Fenn, in his study in Santa Fe (Alex Hannaford) Credit: Alex Hannaford

Forrest Fenn, in his study in Santa Fe (Alex Hannaford)

But Fenn isn’t a big fan of museums. Most of the Smithsonian’s collection is hidden away in storage, he says. He’s correct. In fact, the Washington Post reported that the museum has so much stuff that less than two per cent of its collection is on display at any given time.

We sit on a comfortable leather couch at the side of his study. Our conversation is punctuated by the persistent “ping” of emails that arrive on Fenn’s laptop, open on his desk nearby. He gets about 100 a day, almost all of them from treasure seekers wanting to connect with the man who they believe will make them rich beyond their dreams.

A handsome man with a mischievous smile, Fenn wears jeans, boat shoes and a smart short-sleeved shirt. He says one of the rules he made for himself when he was a teenager was that he never wanted to do anything for more than 15 years – there are, he insists, “so many good things to do and not many 15s”. First there were 15 years of schooling. Then he went into the military, flying fighter planes in Vietnam, something about which he writes a significant amount in The Thrill of the Chase. “That took me 20 years,” he says, “because I needed a couple more years to get retirement.”

Then he and his wife moved from Texas to New Mexico, towing a trailer behind their truck to Santa Fe, where they attempted to make it in the art world. His philosophy was to deal solely in luxuries. “I never wanted to do anything where my best client gave me a hundred bucks,” he explains. “When you’re dealing in necessities, they’re labour intensive. I wanted to deal with the top.”

Fenn sold to everyone, he says, “from movie stars and politicians [including former President Ronald Reagan] to the rancher and the farmer”. Fourteen years in, he began the process of selling his business, but he says it took a little longer than he anticipated. “I was out after 17-and-a-half years,” he says. Now he’s on his fourth “15”, as a writer and archaeological excavator – a few years ago he bought an entire Indian pueblo outside Santa Fe, and he is in the process of digging for its hidden artefacts.

The title of Fenn’s book is significant. He insists that, for him, it isn’t really about finding the treasure at all. It’s about the “thrill of the chase” – encouraging families out of the house and into the mountains; getting children away from their computer games or television shows and experiencing the wilderness. “I have thousands of emails from people, most of them thanking me for getting their family out of the game room.”

Some people have suggested that Fenn’s treasure doesn’t exist; that it’s an elaborate hoax to sell books. Fenn says the only people who have doubted its existence are those who were convinced they knew where it was hidden, spent their holiday looking for it, but didn’t find it. Besides, he doesn’t profit from the sale of The Thrill. “I don’t even get my publishing costs back,” he tells me. “I gave all the rights to the Collected Works Bookstore here in Santa Fe just so nobody could accuse me of doing this to profit. How can it be a hoax when I don’t make any money?” (What Fenn doesn’t tell me is that half of the profits also go to a cancer charity – I learn this later, from an assistant working at the book shop.)

The bulk of Fenn’s wealth will be passed down to his daughters and grandchildren. But what really was the purpose of giving away part of his fortune? In his book, Fenn ponders the nature of death. He describes experiences of his tour in Vietnam, stumbling upon the unmarked graves of French soldiers. “What about those whose bones are rotting under the headstones of a thousand wars?” he writes. “Is it fair that no one recalls where those brave French soldiers fell?”

On paper at least, Fenn seems concerned about the fact that most of us will be “nothing but the leftovers of history or an asterisk in a book that was never written”. And so I ask whether this is the real reason for the memoir and the hidden treasure: that as he approaches his 84th year, he wants to ensure his legacy – make certain that history will remember him.

Forrest Fenn, from the book The Thrill of the Chase
Forrest Fenn, from the book The Thrill of the Chase Credit: Forrest Fenn

A young Forrest riding the Rockies, in a photograph from his book The Thrill of the Chase

But he insists that this isn’t something he thinks about. “To do something while you’re alive so you’ll be remembered after you’re dead is foolhardy. It’s like the speeches that are made at funerals about what a wonderful person that guy was. To say something nice about a dead man is a study in futility.”

Fenn says it’s more about history than legacy. He tells me a story about how, when he was small, his parents would make their own soap because they didn’t have the money to buy it. They’d kill a hog, boil the fat, pour in lye, cool it and set it. “And I think it’s sad that my children and my grandkids don’t know about those kinds of things.”

His grandmother used to tell him stories about Comanches and Kiowas running through her barnyard in Fort Worth, trying to catch chickens. “It’s inconceivable that people living today would even think about that. You read it in history books but you can’t relate to it.”

What Fenn wants is for people to experience history, not just read about it in dusty books. When he was an art dealer he used to raise eyebrows by letting schoolchildren touch the canvases of 200-year-old paintings. One of those was of George Washington, produced when the first President of the United States was sitting just a few feet away from the artist. By letting those schoolchildren touch the actual paint, they could, Fenn says, connect with what this really was and what it meant. “You can become part of that episode,” he says. “And that’s exciting to me.” When somebody finds his treasure and reads his memoir (a tiny copy of it, together with a magnifying glass, is included in the treasure chest), he says “they’ll be amazed at what things were like back then.”

A few treasure seekers have already got themselves into hot water looking for Fenn’s gold, carvings, coins and sapphires. Earlier this year, local television reports said the state of New Mexico planned to file charges against a man found digging under a memorial plaque along the Pecos river. And in March a Texan woman got lost in the forest north of Santa Fe. When her boyfriend didn’t hear from her, he reported her missing and a team of search dogs and three aircraft were mobilised from the city. She was found safe the next morning.

“I can’t afford to be a babysitter,” Fenn says when I ask whether he feels any responsibility. “Besides, that woman wasn’t really lost. When she was ‘rescued’ she was walking down the road towards her car. She did spend the night out there in the rocks and it was 35 degrees or something [less than 2C], so it wasn’t a waltz in the park, but …”

Another question that has cropped up – and one which seems to irritate Fenn – is whether the treasure can, in fact, be legally claimed at all. Fenn has never said whether or not the treasure is actually buried — just that it’s "hidden". But there are laws against removing property from National Forest or National Park land even if it isn’t underground. The laws governing federal land are slightly different. A spokeswoman for the Bureau of Land Management, which is responsible for more than 13 million acres of public land in New Mexico, confirmed that although anyone out looking for the Fenn treasure on BLM land must follow existing rules and regulations, “there is no obligation for the finder to notify our agency about its discovery.”

In other words, if it’s on federal land, as long as you don’t physically dig it up it’s yours to keep. But there’s nothing to indicate whether it’s on federal land, state land, in a National Forest or a National Park. And Fenn is keeping tight-lipped. I ask whether he’s worried about someone finding it and not being able to claim it. “I could worry about it if I wanted to but I don’t want to,” he says.

I decide to drive up into the Sangre de Cristo range north east of Santa Fe. Your heart beats a little faster 10,000 feet up in the Rockies. I take a remote, bumpy Forest Service road down into a valley. Red jagged rock formations loom above me, and I realise how easy it is to project Fenn’s poem – his guide to the treasure – on to wherever you happen to be looking. Could the brown rock above me to the right be the ‘house of Brown’? Or perhaps it’s the cabin I saw a couple of miles back along the road?

At Black Canyon, just eight miles or so from the city, I hike up into the mountains and I'm alone with just gentle breeze blowing through the aspens and tall pines for company. I follow a dry creek bed through the forest as it winds alongside an empty road. It would have been easy for Fenn to park up somewhere like this; carry his chest down the path, until the paved section dead-ends into trees and bushes. From there you can beat a path to this creek bed.

I’m only half paying attention to Fenn’s poem that I’ve scribbled on a piece of paper. Instead I’m trying to picture how far an 80-year-old man would actually have been able to lug a three-stone treasure chest into the Rockies. Maybe that's the key to finding it?

Walking back up the path to my car, the sun warming my face as it finds its way through the spruce and firs, I realise why most people, when they fail to find Fenn’s treasure, are content with just spending time in the mountains.

I recalled what Dal Neitzel had told me: that he went searching for the treasure because he enjoyed the challenge and the puzzle. “I suppose I could collect stamps,” he’d said. “Or remodel my bathroom.” But Neitzel said he enjoyed getting out, seeing places he’d never before visited.

When he first went looking for the chest - on that 1,500 mile drive from the far north west of Washington state down into the Rockies - he whiled away the hours imagining what he'd do with the money after he sold the treasure. He’d get his truck fixed up; he’d get work done on his house. “I had the money all spent in my head,” he told me. Two years on he’s still searching, but now he just enjoys the hunt.

“If I found it, I think I’d pass out,” he said. “But after I woke up, I’d drive down to Santa Fe and take it to Forrest so he could tell me the history of every piece in that chest. And then I’d ask him what he wants me to do with it. If Forrest wants it re-hidden I’d help him re-hide it.”