Case File: Victorio Peak Treasure Location: New Mexico Date: November 1937 Description: Victorio Peak is surrounded by inhospitable environment near Hot Springs, New Mexico. The peak is riddled with a network of tunnels. Parts of the treasure were described as gold, silver, jewels and as many as 16,000 gold bars estimated around $1.7 billion dollars. Seventy-nine skeletons were described in an adjacent cavern.