The Victorio Peak Treasure is one of the most famous treasures in the United States, second only perhaps to the Lost Dutchman Mine. In November 1937, a deer hunter and former medicine showman known as Doc Noss went searching for fresh water near the peak and discovered the hidden entrance to a tunnel. An old ladder lead into a maze of tunnels around a large cavern containing an old chest inscribed with the words "Sealed Silver" in Old English.

Doc Noss was born in Oklahoma and traveled all over the Southwest seeking excitement. In 1933, he married Ova "Babe Beckworth and the two settled down in Hot Springs, New Mexico, which later changed its name to Truth or Consequences. In November 1937, Doc, Babe, and four others left on a deer hunt into the Hembrillo Basin. Setting up camp on the desert floor at the base of Victoria Peak, the men headed into the wilderness, while their wives stayed at camp. Hunting by himself, Doc scouted the base of the mountain. When it began to rain, Doc sought shelter under a rocky overhang near the summit of the mountain. While waiting for the rain to subside he noticed a stone that looked as if it had been "worked in some fashion. Reaching down, he was unable to budge it, but after digging around the rock, he got his hands under it. Lifting the rock, he found a hole that lead straight down into the mountain.

November 1937, Doc, Babe, and four others left on a deer hunt into the Hembrillo Basin. Setting up camp on the desert floor at the base of Victorio Peak, the men headed into the wilderness, while their wives stayed at camp. Hunting by himself, Doc scouted the base of the mountain. When it began to rain, Doc sought shelter under a rocky overhang near the summit of the mountain. While waiting for the rain to subside he noticed a stone that looked as if it had been worked in some fashion. Reaching down, he was unable to budge it, but after digging around the rock, he got his hands under it. Lifting the rock, he found a hole that lead straight down into the mountain.

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