NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / World

Treasure washes up on Venezuela's shore, bringing gold and hope to a village

By Anatoly Kurmanaev and Isayen Herrera
New York Times·
14 Dec, 2020 07:02 PM7 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

    Reminder, this is a Premium article and requires a subscription to read.

Fishermen unloading their catch last month in Guaca, Venezuela. Photo / Adriana Loureiro Fernandez, The New York Times

Fishermen unloading their catch last month in Guaca, Venezuela. Photo / Adriana Loureiro Fernandez, The New York Times

Venezuela's economic meltdown had pummelled a proud fishing village. Then jewellery started mysteriously surfacing on its beach, easing the pain of an economic crisis.

The most extraordinary moment in the young fisherman's life began in the most mundane way: with a morning visit to the latrine.

Walking back to his tin-roofed hut on Venezuela's Caribbean coast, the fisherman, Yolman Lares, saw something glisten along the shore. Raking his hand through the sand, he pulled up a gold medallion with an image of the Virgin Mary.

The village of Guaca was once at the centre of Venezuela's fish processing industry but is now reduced to penury by the lack of gasoline and the closure of most of its small fish-packing plants. Amid such misery, the valuable find seemed like a miracle.

"I began to shake, I cried from joy," said Lares, 25. "It was the first time something special has happened to me."

Advertisement
Advertise with NZME.
Yolman Lares with his family at their home in Guaca. Photo / Adriana Loureiro Fernandez, The New York Times
Yolman Lares with his family at their home in Guaca. Photo / Adriana Loureiro Fernandez, The New York Times

At home, Lares told his father-in-law, also a fisherman. Word of the discovery spread swiftly, and soon most of the village's 2,000 residents had joined in a frenzied treasure hunt, combing every inch of the waterfront, digging around dilapidated fishing boats, even sleeping on the beach to protect their few square feet of sand and the untold fortune the plot could contain.

Since late September, their search has turned up hundreds of pieces of gold and silver jewellery, ornaments, and golden nuggets that washed up on their shore, offering the villagers a baffling and wondrous — if short-lived — reprieve from Venezuela's seemingly endless economic collapse.

Dozens of villagers said they had found at least one precious object, usually a gold ring, with unconfirmed reports that some had sold their discoveries for as much as US$1,500 ($2.100).

Advertisement
Advertise with NZME.

To many here, the unexpected bounty was a message of hope.

"This is God, setting his agenda," said Ciro Quijada, a local fish plant worker who found a gold ring.

Discover more

World

Venezuela detains suspected coronavirus victims, calling them 'bioterrorists'

19 Aug 08:39 PM
World

A mother, her son - and their 2,400km search for home

02 Dec 05:00 AM
World

The Amazon, giver of life, unleashes the pandemic

27 Jul 05:00 AM
World

As politicians clashed, Bolivia's pandemic death rate soared

24 Aug 11:26 PM

No one knows where the gold came from and how it ended up scattered along a few hundred feet of Guaca's narrow, workaday beach. The mystery has merged with folklore, and explanations draw equally on legends of Caribbean pirates, on Christian traditions and on the widespread mistrust of Venezuela's authoritarian government.

The jagged coastline around Guaca, on Venezuela's Paria peninsula, is punctuated with bays and islands that have long given refuge to adventurers.

A family looking for gold in the sand. Photo / Adriana Loureiro Fernandez, The New York Times
A family looking for gold in the sand. Photo / Adriana Loureiro Fernandez, The New York Times

It was on this peninsula, in 1498, that Christopher Columbus became the first European to set foot on the South American continent, thinking he'd found the entrance to the Garden of Eden.

Later, this sparsely defended coastline was regularly raided by Dutch and French buccaneers. Today, it is a haven for drug and fuel smugglers and modern-day pirates who prey on fishermen.

Did a storm disturb a pirate treasure chest or break open up a sunken colonial frigate? Did the bounty come from modern smugglers heading to nearby Trinidad? For weeks, Guaca was rife with speculation.

Government opponents said officials may have sprinkled the gold on the beach to calm protests by local residents against the terrible living conditions. Others fretted the government would send soldiers to confiscate their treasure.

Advertisement
Advertise with NZME.

Some villagers called the gold a blessing, others a curse that would doom anyone touching it.

Once the first photo of the discovery was posted on Facebook, the news spread around Venezuela. But the area's remoteness, the widespread shortage of gasoline and the coronavirus quarantines prevented a national gold rush.

Villagers showing pieces of treasure found on the shores of Guaca. Photo / Adriana Loureiro Fernandez, The New York Times
Villagers showing pieces of treasure found on the shores of Guaca. Photo / Adriana Loureiro Fernandez, The New York Times
Villagers showing pieces of treasure found on the shores of Guaca. Photo / Adriana Loureiro Fernandez, The New York Times
Villagers showing pieces of treasure found on the shores of Guaca. Photo / Adriana Loureiro Fernandez, The New York Times
Villagers showing pieces of treasure found on the shores of Guaca. Photo / Adriana Loureiro Fernandez, The New York Times
Villagers showing pieces of treasure found on the shores of Guaca. Photo / Adriana Loureiro Fernandez, The New York Times
Villagers showing pieces of treasure found on the shores of Guaca. Photo / Adriana Loureiro Fernandez, The New York Times
Villagers showing pieces of treasure found on the shores of Guaca. Photo / Adriana Loureiro Fernandez, The New York Times

A chemical test commissioned by The New York Times on a link of gold chain discovered on Guaca's beach indicated the piece was likely manufactured in Europe in recent decades.

The test showed the chain was made of high-quality, 18-karat gold uncommon in Venezuela's domestic jewellery production. The alloy would have been difficult to produce in pre-modern conditions, said Dr. Guy Demortier, a jewelry-authentication specialist based in Belgium.

Chris Corti, a technical expert in jewelry-making based in Britain, examined photographs of several objects discovered in Guaca and said they appeared to have been commercially manufactured in the mid-20th century.

But he cautioned that more analysis was needed to make a firm determination about the date and origin of the pieces.

The source of Guaca's treasure may never be known. The villagers almost immediately sold the objects they discovered to buy food.

"Whatever we get, goes straight in the mouth," said Hernán Frontado, a fisherman and Lares' father-in-law, who had to beg neighbours for cassava, the cheapest local staple, to feed his family before finding several pieces of gold jewelry.

Frontado sold his finds in Carupano, the closest city, for less than what he thought they were worth to buy rice, flour and pasta.

Before Venezuela's economic crisis began in 2014, Guaca and the surrounding villages supplied Latin America with sardines and canned tuna. Today, only eight of the 30 rudimentary sardine warehouses in the area still operate; the nearby tuna canning factories, run by the government, have gone bust.

Crippling fuel shortages this year have tipped the downturn into a daily fight for survival for many villagers.

Every morning, the village bursts into frantic activity when the sardine boats arrive with their catch. Photo / Adriana Loureiro Fernandez, The New York Times
Every morning, the village bursts into frantic activity when the sardine boats arrive with their catch. Photo / Adriana Loureiro Fernandez, The New York Times

To obtain any gasoline for their boats, the villagers have to sell half their sardine catch to the government at a set rate equivalent to just 1.5 cents for a pound.

"The government doesn't care about us at all," said José Campos, a sardine fisherman. "We keep giving them fish, and we get nothing in return."

Fuel became so scarce this year that many fishermen had to row out to the open sea, or stay out in their small, exposed boats for days to preserve gasoline, braving storms, thirst and pirates.

"It got so bad, I felt as if a rope was tightening around my neck," said Lares, who first discovered the gold.

He made US$125 ($175) from the objects he found — by far the biggest sum he ever made at once.

Lares used the money to buy staples in bulk. He also bought some sweet breads for his children — the first treat they'd had in years. He fixed a broken television and bought a used speaker, giving his family some entertainment in their earthen-floor home without indoor plumbing, where six people share one bed under a leaking roof.

Dioger Lares, 7, fell asleep watching the television his father repaired with the money he traded for gold earrings. Photo / Adriana Loureiro Fernandez, The New York Times
Dioger Lares, 7, fell asleep watching the television his father repaired with the money he traded for gold earrings. Photo / Adriana Loureiro Fernandez, The New York Times

The treasure has allowed his family to go back to eating twice a day. His youngest child, 2-year-old Thairy Lares, has gained weight in the past month, though she is still malnourished.

The television is now on at all hours, its fuzzy image showing a happy, prosperous nation. Venezuela's state channels are the only ones available in Guaca.

The village's situation has looked up since the appearance of gold. Sardines have come back to Guaca's shores after a four-month absence, and the gasoline supply has improved slightly.

Every morning, the village bursts into frantic activity when the sardine boats arrive with their catch, drawing hundreds of people to the coastal strip.

In small groups, they set to unloading, cleaning, gutting and packing the catch in coordinated silence. The tapping of carving knives and the cries of sea gulls are the only sounds accompanying their methodical work. The village's most vulnerable residents stop by to collect their daily fish rations for free.

Lares has returned to his routine, but still keeps a pair of simple gold earrings decorated with a star. Despite the pressing need, he doesn't want to part with them because they remind him of the ancient navigators who crossed the Caribbean guided by the stars.

Sunset in Guaca. Photo / Adriana Loureiro Fernandez, The New York Times
Sunset in Guaca. Photo / Adriana Loureiro Fernandez, The New York Times

"It is the only pretty thing that I have," he said.

The treasure did not change Lares' life, but it reminded him that good things can happen, even amid hardship.

Months after the first discovery, Guaca's residents still occasionally find small golden objects in the sand. At sunset, when the beach goes quiet, a few residents can be seen sitting by the surf, running their hands through the sand in the fading light.

"If it happened once," Lares said, "it will happen again."


Written by: Anatoly Kurmanaev and Isayen Herrera
Photographs by: Adriana Loureiro Fernandez
© 2020 THE NEW YORK TIMES

Save

    Share this article

    Reminder, this is a Premium article and requires a subscription to read.

Latest from World

Airlines

Alaska Airlines 737 blowout: Probe points blame at Boeing, federal officials

25 Jun 06:32 AM
World

Vietnam nearly halves number of crimes punishable by death, limits capital punishment

25 Jun 05:57 AM
World

Flooding in China displaces 80,000 as extreme weather worsens

25 Jun 05:39 AM

Kaibosh gets a clean-energy boost in the fight against food waste

sponsored
Advertisement
Advertise with NZME.

Latest from World

Alaska Airlines 737 blowout: Probe points blame at Boeing, federal officials

Alaska Airlines 737 blowout: Probe points blame at Boeing, federal officials

25 Jun 06:32 AM

A 737 Max fuselage panel broke free shortly after takeoff in January 2024.

Vietnam nearly halves number of crimes punishable by death, limits capital punishment

Vietnam nearly halves number of crimes punishable by death, limits capital punishment

25 Jun 05:57 AM
Flooding in China displaces 80,000 as extreme weather worsens

Flooding in China displaces 80,000 as extreme weather worsens

25 Jun 05:39 AM
Upstart socialist stuns political veteran in NYC mayoral primary

Upstart socialist stuns political veteran in NYC mayoral primary

25 Jun 05:00 AM
Engage and explore one of the most remote places on Earth in comfort and style
sponsored

Engage and explore one of the most remote places on Earth in comfort and style

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP