Henry Dansman was a wealthy farmer who is rumored to have buried a cache of diamonds as well as gold and silver coins somewhere on his property on Presque Isle between Lake August and the village of Posen on M-65.
Fort Joseph was located near the south bend of the St. Joseph River. Legend has it that when the town fell under attack and the townsfolk sought refuge at the fort, they stuffed a cannon full of their valuables and pushed it in the river with hopes of later later retrieving it. There is no record of the cannon or its contents ever being recovered.
As the story goes, back in 1874 a stagecoach containing $74,000 in gold coins was held up by robbers on its way to drop off payroll to a lumber camp near Benton Lake. It is said that in fear of being caught the gold was buried in a cast iron stove between two tree stumps near the north shore of the lake. The gold would be valued at over half a million dollars today and is yet to be discovered.