Legend has it that in 1816, an American man named Thomas J. Beale, and 30 men he was traveling with, came upon an untapped gold and silver mine while hunting buffalo somewhere in the Rocky Mountains. It took more than a year and a half, but eventually they mined over three tons of gold and silver—estimated to be worth $63 million in today’s money!
But they were concerned. What would happen to their fortune if they were to perish in the wilderness? They wanted to be certain their families would receive their hard-earned wealth if tragedy should strike.