Shakespeare’s Encrypted Map to Freemason Treasure

Summary

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Podcast Summary: Shakespeare’s Encrypted Map to Freemason Treasure

Podcast: Conspiracy Theories (Spotify Studios)
Hosts: Maggie Admire, Carter Roy
Original Air Date: October 15, 2025

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Overview

This episode explores one of history's most tantalizing conspiracy theories: that Shakespeare’s First Folio contains elaborate secret codes pointing to buried treasure, Freemason secrets, and an alternate royal lineage. Through the stories of three codebreakers—Dr. Orville Ward Owen, Elizabeth Wells Gallop, and Peter Amundsen—the hosts unravel claims ranging from hidden authorship to supernatural relics, all encrypted in the Bard's works.

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Key Discussion Points & Insights

1. The Alleged Map to Treasure in Shakespeare’s First Folio

• The hosts introduce the wild theory that hidden messages in Shakespeare’s First Folio reveal not only the true authorship of the plays but also the location of priceless treasure—possibly including a supernatural relic like the Ark of the Covenant.
  • “You might say, Carter, that's the plot of the next Indiana Jones. But this map is real.” — Carter Roy [00:13]

2. Dr. Orville Ward Owen: The First Codebreaker

• Background: Owen, a Detroit physician and amateur Shakespearean, memorizes the entire First Folio, noticing repeating lines, odd capitalization, and apparent mistakes.
• Owen believes these “errors” are deliberate, forming a secret code.
• Method: He compiles all anomalous lines (“marked lines”), rearranging them to form coherent stories and uncover hidden messages.
• Discovery: Some “marked lines” retell the defeat of the Spanish Armada, including details and ship names—far too specific to be chance.
• The real bombshell: Decoded messages allege Francis Bacon was the true author of Shakespeare's works.
  • Memorable quote:
    “In other words, he believes the so called mistakes are a secret code.” — Maggie Admire [05:41]
• Next steps: Using a massive “cipher wheel” made of linen strips (with entire plays printed on them), Owen hunts for more clues, including the supposed location of original Shakespeare manuscripts.
• Owen travels to Chepstow Castle in Wales, digs for 6+ years, finds an ancient Roman bridge (matching one coded clue), but ultimately returns home empty-handed.
  • “Braced beams under Roman ford, just like the code promised. The crew searches this area…and finds nothing.” — Maggie Admire [20:55]

3. Elizabeth Wells Gallop: The Cipher Expert

• Disagrees with Owen’s complex method; instead, she applies Bacon’s bilateral cipher (a proto-binary code) which utilizes italic vs. regular letters, a system Bacon himself invented.
• Deciphers a shocking hidden message:
  • “Queen Elizabeth is my true mother, and I am the lawful heir to the throne...” — Maggie Admire reading the decoded message [24:58]
• According to her, not only did Bacon write the plays, he was the secret son of Queen Elizabeth I, born out of her clandestine affair with Robert Dudley.
• Digs up clues pointing to graves of famous writers, finds more coded messages, but excavation is thwarted by authorities.
• Ultimately, discovers clues apparently pointing to artifacts hidden in Francis Bacon's former home—now long remodeled.

4. Secret Societies, Hidden Manuscripts, and Legendary Relics

• Both Owen and Gallop’s works inspire the next generation of cryptologists, such as William and Elizabeth Friedman (key WWII codebreakers).
• The myth grows that Bacon’s codes point to a repository of lost manuscripts and possibly even biblical artifacts (like the menorah from the Second Temple), spirited away by secret societies.

5. Peter Amundsen: Modern Codebreaker and the Oak Island Connection

• Norwegian researcher Amundsen starts with financial codes then fixates on hidden messages in Shakespeare's Folio, following in Owen and Gallop’s footsteps.
• Links coded details to Freemasonry, finding repeated references to the number 53, Freemason symbolism, and acrostics (“two” and “Bacon”).
• Memorable moment:
  • “If you draw a line down the middle, the compass becomes two 53-degree triangles. Two triangles. Two mentions of Bacon.” — Maggie Admire [39:05]
• Asserts that Francis Bacon was not just Shakespeare but a Freemason and possible founder of the more secretive Rosicrucians. He traces so-called “acrostic” clues in the plays.
• Ultimate theory: The First Folio contains an encrypted map leading to Oak Island, Nova Scotia—the site of the infamous “Money Pit”—believed to house not only Bacon’s manuscripts but the lost temple menorah, a relic of enormous religious and political significance.
• Amundsen overlays the Tree of Life symbol (from Kabbalah, also significant in Freemasonry and Rosicrucianism) atop the boulder formation on Oak Island (Nolan’s Cross), finding a “Mercy Point” where clues say to dig.
• No treasure or manuscripts have yet been recovered, but evidence of a manmade shaft at "Mercy Point” keeps the legend alive.

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Notable Quotes & Memorable Moments

• On Secret Motivations:
  “It is every conspiracy theorist's fantasy that all of this could come together and be fostered by one guy who was born to the queen but denied his heritage, so decided to root all his truths into secret documents.” — Maggie Admire [45:12]

• On the Value of the Search:
  “He believes this is why Bacon buried the treasure in the first place. Not for personal glory, but to encourage education and self improvement.” — Carter Roy [53:18]

• On Historical Impact:
  “They were instrumental to winning World War II. Both. Friedman said they cracked these codes using what they learned from Gallup and her Shakespeare quest.” — Carter Roy [54:02]

• On the Enduring Allure of the Mystery:
  “To quote Shakespeare or Bacon, truth will come to light. Murder cannot be hid long... At the length, truth will out.” — Adapted by Maggie Admire [54:25]

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Timestamps for Key Segments

• 03:27 – Introduction to Dr. Owen and his code-hunting quest
• 08:11 – The code-within-a-code discovery
• 10:00 – Background on Sir Francis Bacon and the authorship conspiracy
• 13:37 – Owen converts skeptics with his method
• 15:04 – Construction and use of the cipher wheel
• 16:17 – Hunt for original manuscripts and the Chepstow Castle expedition
• 21:33 – Transition to Elizabeth Wells Gallop’s approach
• 24:58 – Gallop’s deciphered royal secret from the bilateral cipher
• 27:47 – Intrigue around Queen Elizabeth I and the secret birth
• 34:36 – Freemasons, Rosicrucians, and supernatural treasure enter the picture
• 36:30 – Peter Amundsen’s journey from stock trading to Oak Island
• 38:01 – Symbolism of the number 53 and Masonic allusions
• 42:06 – Discovery of “rosy cross” acrostic and Rosicrucian mission
• 43:51 – The myth of Father R.C., the menorah, and world-shaping consequences
• 47:21 – Amundsen decodes clues from Folio to Oak Island, “Bootes” and “Wayne” constellations
• 49:10 – The Tree of Life overlay and Nolan’s Cross on Oak Island
• 51:13 – The complicated, watery location of the alleged treasure
• 53:27 – Real-world impact: Shakespearean codebreakers as WWII cryptologists

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Conclusion & Takeaways

• The theory explored is as elaborate as it is unlikely: that a nexus of Shakespeare, secret societies, royal intrigue, and world-shaking relics can be accessed through cleverly encrypted lines in the First Folio.
• While no treasure has been found, the story has inspired codebreakers, novelists, and at least a few WWII heroes.
• The allure endures—not just for what might be hidden, but for the chase itself, and the minds sharpened by it.

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“The truth isn't always the best story, and the official story isn't always the truth.” — Carter Roy [Conclusion]

Transcript

[Maggie Admire]

What if I told you there's buried.

[Carter Roy]

Treasure in Canada and we have a map to find it?

[Maggie Admire]

Oh, and in the treasure cache, there's a supernatural object on par with the.

[Carter Roy]

Ark of the Covenant. Well, you might say, Carter, that's the plot of the next Indiana Jones. But this map is real. Yeah, you can buy a copy online. You just have to crack the hidden code.

[Maggie Admire]

I am talking about Shakespeare's first folio, the oldest surviving version of his plays. Since the 1800s, three different investigators have.

[Carter Roy]

Decoded messages hidden inside the first folio.

[Maggie Admire]

The secret codes reveal a royal cover up of massive proportions.

[Carter Roy]

Shakespeare's secret identity as a freemason, and.

[Maggie Admire]

Of course, a map leading to priceless buried treasure.

[Carter Roy]

Treasure still waiting to be found.

[Maggie Admire]

Welcome to Conspiracy Theories, a Spotify podcast.

[Carter Roy]

I'm Carter Roy.

[Maggie Admire]

New episodes come out every Wednesday.

[Carter Roy]

You can watch our episodes and more.

[Maggie Admire]

On our YouTube channel, conspiracy theories Podcast.

[Carter Roy]

And check us out on Instagram at at the Conspiracy Pod. And we would love to hear from you.

[Maggie Admire]

So if you're listening on the Spotify.

[Carter Roy]

App, swipe up and give us your thoughts. Stay with us. This episode is brought to you by Mint Mobile. If you're still overpaying for wireless, it's time to say yes to saying no.

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[Maggie Admire]

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[Carter Roy]

See Mint Mobile for details. This episode is brought to you by Focus Features. You've heard the theories, you know the signs. But what if you encountered the First Contact? On October 31st, Focus Features presents Begonia, the new film directed by Yorgos Lanthimos. Two conspiracy theorists are convinced that a high powered CEO isn't just running a corporation. She's behind an elaborate operation to end the the planet. Emma Stone and Jesse Plemon star in Begonia. Rated R. In select theaters October 24th in theaters everywhere. October 31st.

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[Maggie Admire]

Act one, scene one. In fair Detroit, where we lay our scene. Dr. Orville Ward Owen.

[Carter Roy]

Well, find something weird. Dr. Owen is a medical doctor, but a theater kid at heart.

[Maggie Admire]

He makes a hobby of performing Shakespeare for his horses on long buggy drives.

[Carter Roy]

Little context. It's the late 1880s, so he's not that eccentric. Owen says that memorizing and reciting the rhythmic stanzas is great stress relief during his long days of treating patients suffering from ailments like cholera and tuberculosis. Now, repeating the same monologues gets boring.

[Maggie Admire]

So Owen studies more and more plays until he's committed the entire First Folio to memory. That's 36 plays, over 900 pages.

[Carter Roy]

Quite a one man show. Now, in the process, Owen notices something strange.

[Maggie Admire]

Some lines repeat verbatim in different plays.

[Carter Roy]

Other lines seem to be out of context. Nonsense.

[Maggie Admire]

And the whole First Folio is filled.

[Carter Roy]

With random italics and capitalization. Okay, now if you're thinking Carter, I don't remember that from high school. It's because modern editions have the errors corrected for the most part, modern versions.

[Maggie Admire]

Do keep the errors in the content of the plays, like historical inaccuracies. Julius Caesar mentions a clock in ancient.

[Carter Roy]

Rome, Cleopatra plays Poole in ancient Egypt. And Trojan War epic Troilus and Cressida references Aristotle hundreds of years before his birth. William Shakespeare is one of the greatest minds in history.

[Maggie Admire]

So to Owen, it's odd that he made these mistakes.

[Carter Roy]

Now, Dr. Owen's not the first person to notice all this. Some people blame printing errors. The First Folio was hand typeset in 1623.

[Maggie Admire]

But to Owen, the sheer number of.

[Carter Roy]

Oddities suggests there's something bigger going on. He claims the mistakes are intentional, a.

[Maggie Admire]

Calculated pattern placed strategically throughout the book. In other words, he believes the so called mistakes are a secret code. So Owen makes a list of all the lines with anomalies, repetitions, historical errors, improper capitalization, etc.

[Carter Roy]

We'll call them the marked Lines.

[Maggie Admire]

Reading over the marked lines, Owen realizes they can be arranged to tell a story.

[Carter Roy]

He sees this as a secret code and it's been hiding for over 300 years. Now, part of the reason the code takes 300 years to find is because.

[Maggie Admire]

It'S not designed for regular people.

[Carter Roy]

It's not like anything you'd find in the New York Times game section.

[Maggie Admire]

Cracking the code requires understanding of British history and Elizabethan dialect.

[Carter Roy]

So don't Feel bad if you don't get it. It took our team a while to wrap their heads around it. I'm still wrapping my head around it. But here's a quick example to give you an idea.

[Maggie Admire]

Owen takes a marked line from King.

[Carter Roy]

John, a marked line from Othello, and a marked line from Twelfth Night. And he strings them together so it.

[Maggie Admire]

Reads, so by a roaring tempest on the flood, a whole armada of convicted sail is scattered and disjoined from fellowship.

[Carter Roy]

My letters say 107 galleys and.

[Maggie Admire]

And mine 140. And mine 200. And this is he that did the Tiger board.

[Carter Roy]

In plain English, it says a large.

[Maggie Admire]

Armada or fleet of ships was broken up and introduces the man aboard the conquering ship the Tiger. Owen realizes the Tiger was among the English naval ships that defeated the Spanish Armada.

[Carter Roy]

Major news in Shakespeare's time. Stringing together more marked lines, Owen assembles.

[Maggie Admire]

The full story of the naval battle.

[Carter Roy]

With details like specific ship names.

[Maggie Admire]

Owen thinks it can't be a coincidence. So Owen keeps decoding, picking out lines.

[Carter Roy]

That seem odd and rearranging them.

[Maggie Admire]

Using the same method, he finds a second secret message.

[Carter Roy]

And here is where it gets wild.

[Maggie Admire]

This message is a letter addressed to the person who deciphers the code, giving.

[Carter Roy]

Them instructions to decrypt another set of secret messages. A code within a code. For those counting, we are up to.

[Maggie Admire]

Three different coded messages, all hidden in the same book. But that's not all the letter says. It also claims that William Shakespeare didn't write Shakespeare's plays.

[Carter Roy]

The letter writer did.

[Maggie Admire]

The writer placed the secret codes in.

[Carter Roy]

The First Folio to preserve this truth for future generations. And that letter writer is Sir Francis Bacon. This might be ringing some conspiracy bells. There is a popular theory that William Shakespeare didn't actually write the literary masterpieces credited to him. Sir Francis Bacon did. Whoa.

[Maggie Admire]

Okay, yeah, that is a lot to take in. We've got secret coded messages, codes within codes, naval battles. Somebody didn't write Shakespeare. There's ciphers to who did.

[Carter Roy]

So let me break it down real quick.

[Maggie Admire]

Dr. Owen thinks the out of place lines in Shakespeare's First Folio can be combined to reveal hidden messages. Those messages, when deciphered, confirm an old rumor that Sir Francis Bacon is actually.

[Carter Roy]

The mastermind behind Shakespeare's plays.

[Maggie Admire]

And lastly, Francis Bacon left further codes in the First Folio, hiding even more secrets.

[Carter Roy]

So who's Francis Bacon?

[Maggie Admire]

He's best known as the father of the scientific method. His catchphrase, knowledge is power.

[Carter Roy]

He lived at the same time as Shakespeare, working as a Lawyer, politician and philosopher. While Bacon never admitted to writing plays undercover, there are clues. For example, in one surviving letter, Bacon.

[Maggie Admire]

Calls himself a concealed poet.

[Carter Roy]

He was highly educated, familiar with the history that inspired many of Shakespeare's plays. And most importantly, Bacon loved ciphers and codes.

[Maggie Admire]

He even invented his own cipher, Bacon's bilateral cipher, which later inspired Samuel Morse.

[Carter Roy]

To create Morse code, the one used for telegraphs.

[Maggie Admire]

Now, apparently, Bacon learned cryptography from a young age. His parents used codes to include secrets.

[Carter Roy]

And unpopular opinions in their letters.

[Maggie Admire]

At the time, Queen Elizabeth I had a spy network reading her royal court's.

[Carter Roy]

Mail, monitoring for signs of rebellion. The Queen also considered poems, plays and stories to be political speech. So nobles weren't supposed to write those either. But that didn't stop them. Nobles like the Bacons published creative writing under pseudonyms. That way, they could share their ideas without getting on the Queen's bad side. But they didn't just use fake names. At the time, it was typical for.

[Maggie Admire]

Nobles to pay a commoner to be.

[Carter Roy]

The face of their work. Not just a pen name, but a pen person. This is a key element of the conspiracy theory. William Shakespeare was a real person. He lived, died, married, went to small claims court.

[Maggie Admire]

But theoretically, he was also a paid.

[Carter Roy]

Actor who never wrote a line of his own. If Francis Bacon wrote Shakespeare's plays, it changes our understanding of the most popular literature in the English language.

[Maggie Admire]

Shakespeare's work is beloved, but so is his story that a working class actor who quit School at 15 could create works of genius beloved for centuries. It's an underdog story, but if a.

[Carter Roy]

Wealthy nobleman with a top tier education wrote those works, it's less inspirational. And even though Owen has some strong.

[Maggie Admire]

Evidence, the idea that Francis Bacon wrote Shakespeare's plays is still a fringe theory.

[Carter Roy]

So not everyone is quick to believe Dr. Owen. Around the time when Owen begins sharing his theories, people from Shakespeare's hometown, Stratford upon Avon, are fundraising for a fancy new Shakespeare memorial.

[Maggie Admire]

One of the fundraising organizers makes a.

[Carter Roy]

Personal visit to Detroit, planning to debunk Owen's claims. Because, let's be real, no one wants to visit the hometown of the guy who didn't write Shakespeare.

[Maggie Admire]

If Bacon was revealed as the true author, it'd kill Stratford Upon Avon's tourism industry. So this man has a vested financial.

[Carter Roy]

Interest in the official story being true.

[Maggie Admire]

He comes to Detroit and he sits.

[Carter Roy]

Down with Owen, and Owen changes this guy's mind.

[Maggie Admire]

After Owen walks the man through the evidence, step by step, the man realizes the code is real and Bacon wrote the plays. Later, a local journalist Writes a scathing.

[Carter Roy]

Article about Owen's claims.

[Maggie Admire]

Similarly, Owen invites the journalist over for a personal demonstration.

[Carter Roy]

After seeing the code for himself, the.

[Maggie Admire]

Journalist issues a lengthy retraction. He believes Owen too.

[Carter Roy]

A lot of people do.

[Maggie Admire]

Owen ends up publishing his discovery in multiple books and draws audiences across America for his lecture tours. He even gets investors to finance his search for more clues. Because Owen still has to crack the.

[Carter Roy]

Code within the code. Following directions from the decoded letter, Dr.

[Maggie Admire]

Owen builds a so called cipher wheel.

[Carter Roy]

This will help him crack the next code. If you're watching the video, you'll see it. If you aren't watching the video, imagine a VHS or cassette tape the size of two small children.

[Maggie Admire]

But instead of the magnetic tape spooled.

[Carter Roy]

On each wheel, and it has long.

[Maggie Admire]

Strips of linen covered in hundreds of pages of Shakespeare plays. By turning the wheels, you can rewind.

[Carter Roy]

Or fast forward to different sections of the plays. The wheel allows Dr. Owen to skim between hundreds of pages at a glance. Useful since for this decryption, Owen isn't only looking at the First Folio.

[Maggie Admire]

He also analyzes works officially authored by.

[Carter Roy]

Francis Bacon and anything he thinks is written by Francis Bacon under a different pseudonym. It's a big job. So Dr. Owen hires three assistants, including.

[Maggie Admire]

A woman named Elizabeth Wells.

[Carter Roy]

Gallop. She'll be important later, so put a pin. The decrypted letter from Francis Bacon instructs.

[Maggie Admire]

The code breaker to look for certain keywords.

[Carter Roy]

Then mark the lines around those keywords. Using this method, Dr. Owen and his assistants pick out 1,001 pages of new marked lines.

[Maggie Admire]

Like before, they rearrange these marked lines.

[Carter Roy]

To decode secret messages. They find all kinds of information. But Owen zeroes in on the most exciting revelation. There's a hidden treasure worth millions.

[Maggie Admire]

He says the new code reveals the location of the original handwritten Shakespeare manuscripts. Okay, now remember, the First Folio is the oldest known version of Shakespeare's plays, but not the original.

[Carter Roy]

A common understanding is that the very first copies were handwritten by the author.

[Maggie Admire]

But but lost long ago. For anyone, recovering a hidden original Shakespeare manuscript would be a major archaeological find. Think international news, lifelong fame, big money. Copies of the First Folio have sold for nearly $10 million.

[Carter Roy]

A handwritten version would go for even more. For Owen, the promise of hidden manuscripts has another draw.

[Maggie Admire]

They're hard evidence proving he's right.

[Carter Roy]

Because if Francis Bacon was the real.

[Maggie Admire]

Author, the plays will be in his.

[Carter Roy]

Handwriting, which we have preserved samples of a side by side Handwriting analysis would.

[Maggie Admire]

Undeniably prove that Francis Bacon was the mind Behind Shakespeare's plays, an earth shattering literary discovery.

[Carter Roy]

So Owen starts looking.

[Maggie Admire]

One of the chief clues is the phrase hid under Y W Y E. Another is B of braced beams under Roman ford.

[Carter Roy]

These are, well, vague. So Owen tests another decryption method. Anagrams. That's when you rearrange letters from one.

[Maggie Admire]

Word or phrase to make another. For example, conspiracy theories can be anagrammed to a concise prehistory. Owen takes the second line of the poem on the first Folio's title page. It was for gentle Shakespeare cut and rearranges the letters into Seek sir, a true angle at Chepstow F F being Francis. Chepstow is a Welsh town formerly occupied by the Romans on the river Wye. The manuscripts must be there. Owen just has to find them.

[Carter Roy]

However, he lives in Detroit, far from Wales.

[Maggie Admire]

He'll need to fundraise for the expedition. So he continues selling books, giving lectures and courting investors. To drum up more publicity, he publishes editorials in the Detroit Free Press. Sixteen years later, he secured over $20,000. Huge.

[Carter Roy]

In 1909, he travels to Chepstow Castle, an ancient fortress.

[Maggie Admire]

Owen and his team search the nearby cliffs, believing the manuscripts might be hidden.

[Carter Roy]

In a riverside cave. They also dig strategic holes in case the treasure cache was subject to a cave in. But the caves and holes yield nothing. So Owen reanalyzes his clues.

[Maggie Admire]

A few pop out boxes like eels in the mud, make a triangle of 123ft due north and 33 paces. I filled up the shallow water. Owen realizes hid under Y is literal. The manuscripts are buried under the river.

[Carter Roy]

He approaches the local landowners requesting permission to excavate the river Wye they're all on board. One Duke even agrees to donate 85.

[Maggie Admire]

Pounds per week to the search. Owen buys dredging machines to trawl the.

[Carter Roy]

River'S floor and hires over 20 locals to help. He tells them they're seeking 66 lead lined boxes.

[Maggie Admire]

Owen also brings his wife and kids. For six years the family lives in rural Wales. While Owen and his team dig hole after hole.

[Carter Roy]

5, 10, 13.

[Maggie Admire]

No luck by hole 14.

[Carter Roy]

They're exhausted. And that's when they find it. A set of wooden beams and boxes. It's an ancient Roman bridge and water cistern.

[Maggie Admire]

Braced beams under Roman ford, just like the code promised. The crew searches this area for the lead lined boxes of manuscripts and other treasure and finds nothing. It's confusing. Everything added up until this point. Dr. Owen concludes that someone else must.

[Carter Roy]

Have found the boxes already. Out of money and goodwill, he and his family return to Detroit. But the search isn't over.

[Maggie Admire]

While Owen was digging, his assistant took.

[Carter Roy]

Her own stab at deciphering the Folio and unveiled a royal cover up that wouldn't only rewrite history in Great Britain, but also the usa.

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[Carter Roy]

If you found Dr. Owens decryption methods confusing, you're not alone. In the early 1900s, his assistant, Elizabeth Wells Gallop feels the same. To be clear, Gallup believes there's a secret code hidden in Shakespeare's first Folio by Francis Bacon. She just thinks Owen's overcomplicating it. Remember how we mentioned that Francis Bacon invented his own code? Well, Gallup thinks that if Bacon was going to hide a cipher in Shakespeare's plays, he'd use that. It's called the bilateral cipher. Prince Francis Bacon published it in 1623 under his own name. Not only is this code undeniably created by Bacon, it's much easier to understand, though still confusing. So bear with me for a second. We mentioned earlier that Bacon's bilateral cipher is a forerunner to Morse code. And similarly, it's a binary code, the same concept computers run on. Instead of dots and dashes or zeros.

[Maggie Admire]

And ones each, every letter is either italicized or not.

[Carter Roy]

The cipher resets every five letters. Gallup uses A for non italics and B for italics. So a is 5 as in a.

[Maggie Admire]

Row, b is 4 as and 1 b, c is 3 as, a b.

[Carter Roy]

And another A and so on. It's a simple explanation for all the random italics in the folio. Like Owen, Gallup convinces people that her theory has legs and gets paid to pursue it.

[Maggie Admire]

She moves to Illinois, and sets up a research facility at Riverbank Lab.

[Carter Roy]

She even hires her own assistants. Then Gallop and her team apply Bacon's bilateral cipher to Shakespeare's First Folio. Starting at the beginning, not only does she find a brand new hidden message from Francis Bacon, that message drops a bomb on accepted history.

[Maggie Admire]

It reads, queen Elizabeth is my true mother, and I am the lawful heir to the throne. Find the cipher story in my books.

[Carter Roy]

Contain it tells great secrets, every one.

[Maggie Admire]

Of which, if imparted openly, would forfeit my life.

[Carter Roy]

F. Bacon. Yeah, you heard that right.

[Maggie Admire]

It claims Francis Bacon wasn't only the true author of Shakespeare, he was also the Prince of Wales. But if he revealed it publicly, he'd be killed. If Gallup's discovery is true, it means the English crown is has lied to the public for centuries.

[Carter Roy]

But there's more.

[Maggie Admire]

Gallop keeps decoding, revealing the full details.

[Carter Roy]

Of the coverup, which unfolds like a telenovela.

[Maggie Admire]

It's written in Elizabethan English, so we'll.

[Carter Roy]

Give you the Cliff Notes.

[Maggie Admire]

It starts with Queen Elizabeth I, who.

[Carter Roy]

Reigned for most of Shakespeare's life. One of her major claims to fame is that she died a virgin.

[Maggie Admire]

Yep, she's the namesake for Virginia and.

[Carter Roy]

West Virginia, which began as colonies under her rule. Gallup's decoded message says the Virgin Queen was no virgin. She had a long affair with Sir Robert Dudley. Quick backstory on Dudley and the Queen, and this is all confirmed. The Queen and Dudley had an exceptionally close relationship.

[Maggie Admire]

She literally gave him a bedroom in her castle with a door opening directly into hers.

[Carter Roy]

And she gave him a special title so he could legally touch her. But she never married him. Why not? Well, first, it'd be a bad political move.

[Maggie Admire]

All her reign, Queen Elizabeth used her.

[Carter Roy]

Single status for diplomacy.

[Maggie Admire]

Foreign royals treated England better when they thought they could maybe eventually marry her and take over England.

[Carter Roy]

And local nobles bent over backward for the chance of becoming king.

[Maggie Admire]

Being single was concerted image control for political gain.

[Carter Roy]

Secondly, Sir Dudley was married. Now, in the fall of 1560, Dudley's wife suddenly died. Then in winter 1560, Queen Elizabeth first.

[Maggie Admire]

Was bedridden with a mysterious, quote, swelling disease. The mystery illness cleared up in early 1561, right around the time that, oh.

[Carter Roy]

Francis Bacon was born on January 22, 1561. That's confirmed history. All right, but here's where we diverge.

[Maggie Admire]

From agreed upon history to Gallup's conspiracy theory. According to Gallup's decoding, around the time.

[Carter Roy]

That Dudley's wife mysteriously died, the Queen.

[Maggie Admire]

And Lord Dudley married in secret because.

[Carter Roy]

She was pregnant and her baby was Francis Bacon. Okay, how do we put all this together?

[Maggie Admire]

Well, looking at Dudley's wife's death, the Queen's mysterious swelling disease, Bacon's birthday, the timeline adds up.

[Carter Roy]

Now, this secret baby conspiracy theory isn't new. It's been around since the Elizabethan era.

[Maggie Admire]

Most scholars believe the theories emerged due to uncertainty. For most of the Queen's reign, she refused to name an heir. But Gallup thinks the Queen really was hiding her affairs and forcing the nobility to help her defraud the public.

[Carter Roy]

According to Gallup's decoded text, after giving.

[Maggie Admire]

Birth, Queen Elizabeth I forced Lord Nicholas Bacon to secretly adopt baby Francis.

[Carter Roy]

Official records show that decades later, when Lord Bacon died, Francis inherited nothing. This makes sense if Bacon wasn't his son.

[Maggie Admire]

Traditionally, royal bastards were financially supported by.

[Carter Roy]

The Crown, even if not formally acknowledged.

[Maggie Admire]

And informally, the Queen took an unusual.

[Carter Roy]

Interest in Francis Bacon.

[Maggie Admire]

Gallop's decoded story says the Queen considers.

[Carter Roy]

Making him her heir until she discovers.

[Maggie Admire]

That he's been secretly writing Shakespeare's plays. Specifically, she's mad he wrote Hamlet.

[Carter Roy]

Remember, the Queen considers play's political speech, and Hamlet is about a royal coup. Eventually, their relationship recovers, and on her.

[Maggie Admire]

Deathbed, she's about to name Francis her heir when a lord kills her.

[Carter Roy]

Now, officially, the Queen's cause of death is unknown.

[Maggie Admire]

There's no autopsy, so he can't refute Gallop's murder claim. And according to Gallop, this last minute.

[Carter Roy]

Murder is why the Queen never acknowledged her son. But if he had a claim to the throne, why didn't Bacon act on it? Well, over the years, there were so.

[Maggie Admire]

Many rumors about the Queen's secret children that in 1571, England passed an act designating claims of royal blood as treason.

[Carter Roy]

And back then, being convicted of treason equaled beheading.

[Maggie Admire]

So Bacon bends the knee to the.

[Carter Roy]

New King James I. The whole tale feels very Shakespearean, but it's not quite over. By 1623, Bacon has no crown, no inheritance, no maternal validation, and no literary recognition. So, according to Gallup's decoded text, when he's assembling the first folio of Shakespeare's plays, he hides secret codes.

[Maggie Admire]

He hopes to preserve the truth for future generations while keeping his head. And as proof for the future decoders, he includes clues to find the original manuscripts.

[Carter Roy]

So around 1906, Elizabeth Wells gallop goes treasure hunting. She seeks the same promise of riches.

[Maggie Admire]

And glory as Dr. Owen, but follows.

[Carter Roy]

A different set of clues. First, she travels to the UK and hunts through libraries and the British Museum's. Archives. In the archives, she applies Bacon's bilateral cipher to first editions of books Bacon published under his own name, including De Augmentis Scientiarum, a book about the scientific method.

[Maggie Admire]

Here she decodes a long Elizabethan message.

[Carter Roy]

You'Ll see on screen. No worries if you're not watching, because.

[Maggie Admire]

Basically it says that if she wants to find the treasure, she has to dig up graves. Specifically the graves of Bacon's literary Edmund.

[Carter Roy]

Spencer, Robert Burton, Christopher Marlowe, George Peel, and Robert Greene. The trouble is, most of these graves are long gone, buried under new buildings.

[Maggie Admire]

Maintained but with tombstones replaced or otherwise lost to time.

[Carter Roy]

But Gallop does decode Robert Burton's gravestone, revealing the message.

[Maggie Admire]

Take heed.

[Carter Roy]

In a box is Ms. FB Mississippi Manuscript FB Francis Bacon and Gallop decodes Edmund Spencer's gravestone to read.

[Maggie Admire]

A small inner space at the West.

[Carter Roy]

End contains the Ms. Named She attempts.

[Maggie Admire]

To dig up the graves for these.

[Carter Roy]

Alleged boxes until authorities stop her from grave robbing. Fearing arrest, she returns to the library and Bacon's final books. In one resuscitatio, Gallup decodes another long message in Elizabethan English that boils down.

[Maggie Admire]

To go to Francis Bacon's London home, Canonbury Tower. Sneak into the highest room, press on the false wall panel, and voila. Original Shakespeare manuscripts. Except by the time Gallup decodes the message, Canonbury Tower has been fully remodeled multiple times.

[Carter Roy]

Any hidden wall panels have been destroyed. But here's the thing about Canonbury Tower.

[Maggie Admire]

It was also used by Freemasons.

[Carter Roy]

And according to our next codebreaker, the.

[Maggie Admire]

Freemasons took the original Shakespeare manuscripts and.

[Carter Roy]

Buried them alongside a mystical treasure that has supernatural power. A treasure that if found, could start a world war.

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[Carter Roy]

Today's drama features one final character, a.

[Maggie Admire]

Norwegian organist and and ski jumper who.

[Carter Roy]

Looks for investing tips and winds up digging for buried treasure. His name is Peter Amundsen. In the early 2000s, he starts researching William Delbert Gann, a legendary stockbroker from the early 20th century.

[Maggie Admire]

He hopes to use Gann's methods for his own trades.

[Carter Roy]

But then he comes across another book Gann wrote involving steganography. Basically, it's secret codes hidden in plain sight.

[Maggie Admire]

Think hostages blinking in Morse code, lemon juice, invisible ink, or playing a record.

[Carter Roy]

Backwards for a secret song. Amundsen sets stock trading aside and goes down the steganography rabbit hole.

[Maggie Admire]

He finds a theory he attributes to scholar Hugh Black that Shakespeare's original gravestone held a code.

[Carter Roy]

But that's not all. The gravestone also has a pretty major typo.

[Maggie Admire]

It lists Shakespeare's age at death as.

[Carter Roy]

53, when he died at 52. At this point, Amundsen knows nothing about Shakespeare.

[Maggie Admire]

So he dives down a third rabbit.

[Carter Roy]

Hole into Shakespeare's life and finds the theory that the author was actually Francis Bacon.

[Maggie Admire]

Amundsen wonders if Bacon might be hidden.

[Carter Roy]

In the plays like a secret signature, so he runs a control F. On the first folio, Bacon shows up twice.

[Maggie Admire]

Once in the Merry Wives of windsor on page 53.

[Carter Roy]

The number on the gravestone could be coincidence. Except this scene doesn't appear in other versions of the play, and a few pages before the page number skips from 46 to 49.

[Maggie Admire]

It's only because of this error that.

[Carter Roy]

Bacon appears on page 53. Like Owen and Gala before him, Amundsen doesn't think it's an error. Just like the 53 on Shakespeare's grave isn't an error because 53 isn't random, it's an important number In Freemasonry. One of their symbols is the Masonic compass. If you draw a line down the.

[Maggie Admire]

Middle, the compass becomes two. 53 degree triangles. Two triangles. Two mentions of bacon.

[Carter Roy]

Amundsen wonders, is too important.

[Maggie Admire]

So what's on the second page of the Folio? What's scene two of the Tempest. And on column two of page two, he finds this. You guessed it, two spelled out in an acrostic.

[Carter Roy]

That's when the first letter of each line spells a hidden word or phrase.

[Maggie Admire]

Drawing a strange straight line across the page. Amundsen finds another.

[Carter Roy]

Bacon for Amundson. That clinches it.

[Maggie Admire]

Francis Bacon was Shakespeare and a Freemason.

[Carter Roy]

Now Bacon isn't confirmed to have been a Freemason, but readers have been finding Masonic references in Shakespeare for centuries. Much like the theories about Bacon being the true author and Bacon being the Prince of Wales. Shakespeare was a Freemason.

[Maggie Admire]

Isn't new.

[Carter Roy]

In fact, the first Folio is actually dedicated to the alleged grand master of.

[Maggie Admire]

Freemasonry at the time, William Herbert, Earl of Pembroke.

[Carter Roy]

But the best clue comes in the play Richard iii. A major plot point is a prophecy involving the letter G. And G is another major Freemason symbol. Here's one line from the the play. He hearkens after prophecies and dreams and.

[Maggie Admire]

From the cross row plucks the letter.

[Carter Roy]

G and says a wizard told him.

[Maggie Admire]

That by G his issue disinherited should.

[Carter Roy]

Be and for my name of George.

[Maggie Admire]

Begins with G. It follows in his thought that I am he.

[Carter Roy]

That's a lot of GS. You can guess what rabbit hole Peter Amundsen goes down.

[Maggie Admire]

Next he joins the Freemasons.

[Carter Roy]

He learns plenty he can't talk about. But here's what he does share with our team. There's no record of Francis Bacon joining the Freemasons because he was part of.

[Maggie Admire]

An even more secretive branch of the secret society, the Rosicrucians.

[Carter Roy]

Yes, a secret society within a secret society. Just like the code within the code. Okay, stay with me here. It gets really cool.

[Maggie Admire]

The Rosicrucians published anonymous manifestos in Europe.

[Carter Roy]

In the 1600s, the same time Francis Bacon was writing.

[Maggie Admire]

Their goals were to enlighten the common man, improving education and society. A version of Roshicrucianism still exists today. And they proudly claim Francis Bacon on.

[Carter Roy]

Their website as one of their early leaders. As for Amundson, he finds proof in the first folio.

[Maggie Admire]

In Act 2, Scene 5 of Cymbeline, he discovers another acrostic spelling out rosy.

[Carter Roy]

Cross in the shape of a 53 degree triangle. Amundsen believes that the so called Shakespeare.

[Maggie Admire]

Plays were a Rosicrucian project intended to.

[Carter Roy]

Educate the common man. Printed manifestos couldn't reach the illiterate, but live theater could. So Bacon and his fellow Rosicrucians hid.

[Maggie Admire]

Their ideas in the plays. It was an organized conspiracy to shape.

[Carter Roy]

People'S minds and thinking without them realizing it.

[Maggie Admire]

If this is true, the Rosicrucian plot has influenced society for centuries. It may have influenced you if you studied Shakespeare in school, but that's not all.

[Carter Roy]

The Rosicrucians write about a legendary figure known as Father R.C. after a long life of enlightening himself.

[Maggie Admire]

And others, Father R.C.

[Carter Roy]

Was buried in a secret grave along.

[Maggie Admire]

With key documents and an inextinguishable lamp.

[Carter Roy]

Most scholars and modern Rosicrucians think Father R.C. is an allegory, not real.

[Maggie Admire]

But Amundsen believes Father R.C.

[Carter Roy]

Was Francis Bacon. The documents in the myth are his original handwritten Shakespeare manuscripts.

[Maggie Admire]

And the inextinguishable lamp is the menorah.

[Carter Roy]

From the Second Temple.

[Maggie Admire]

It's a biblical treasure akin to the Holy Grail on the Ark of the Covenant.

[Carter Roy]

It hasn't been seen in centuries.

[Maggie Admire]

Amundsen says that if the menorah was found, it could kick off a world war between Christian, Muslim, and Jewish people.

[Carter Roy]

All three religions would want control of it. As Amundsen explains, during the Crusades, the.

[Maggie Admire]

Knights Templar took the menorah.

[Carter Roy]

They passed it down to the Freemasons who.

[Maggie Admire]

Who passed it to the Rosicrucians who hid it in their founder's grave. And they left the clues to find that grave in Shakespeare's first folio. And this was all planned by Francis Bacon.

[Carter Roy]

I cannot get enough of this conspiracy theory. Knights Templar, Freemasons, Rosicrucian's secret codes, secret societies, Shakespeare's plays, biblical artifacts. It is every conspiracy theorist's fantasy that all of this could come together and.

[Maggie Admire]

Be fostered by one guy who was born to the queen but denied his heritage, so decided to root all his truths into secret documents.

[Carter Roy]

I love it, but it might be getting a little complicated, so let's break it down. Peter Amundsen believes that Francis Bacon founded.

[Maggie Admire]

The Rosicrucians, secretly wrote Shakespeare's plays to promote their ideology, and hid clues to.

[Carter Roy]

Find his future grave in the First Folio. That grave includes the original handwritten Shakespeare manuscripts and lost Knights Templar treasure. Which brings us to Amundsen's treasure hunt. Theory in hand, he reconsiders those first two pages of the Tempest in the First Folio, the ones with the Bacon acrostic message. Those pages mention a library, an island.

[Maggie Admire]

And a quote most auspicious Star. The first character to speak is called.

[Carter Roy]

Boatswain, but with a bizarre spelling, B, O, T, E, S, W, A, I, N, E, as opposed to, well, boatswain. Here, Amundsen takes some steps that wouldn't necessarily be intuitive to the average person, because, like the earlier codes, this isn't designed for the average person.

[Maggie Admire]

Francis Bacon was the epitome of the Renaissance man, familiar with history, astronomy, geometry, literature, religion, all kinds of subjects. And part of his code's design was making sure the treasure could only be found by someone who'd studied as broadly as he did.

[Carter Roy]

You didn't just need to realize the spelling of Boatswain was odd. You needed to know astronomy and geography.

[Maggie Admire]

To realize why it was spelled that way.

[Carter Roy]

Specifically, you needed to know constellations, which Amundsen does. He sees this weird spelling of Boatswain.

[Maggie Admire]

And realizes it's a reference to two.

[Carter Roy]

Constellations, Bootes and Wayne. Wayne is an old name for Ursa Major, commonly called the Big Bear. Then he brings back the line from the Tempest, most auspicious star.

[Maggie Admire]

He takes the coordinates of their most.

[Carter Roy]

Auspicious stars, the brightest ones from Bootes.

[Maggie Admire]

And Wayne, and looks at a map to see where those same coordinates would land on Earth. And you are not going to believe this.

[Carter Roy]

It is Oak Island. You might have heard of it from the TV show the Curse of Oak Island.

[Maggie Admire]

It follows real people searching for legendary buried treasure. But the search started long before the show. For decades, people have sought the Money.

[Carter Roy]

Pit, a hidden underground treasure cache. Now, here's where Amundsen's theory comes in. One of the major clues found on Oak island is.

[Maggie Admire]

Is a scrap of parchment with ink.

[Carter Roy]

From a quill pen dating to around the time of Shakespeare. And in his later years, Francis Bacon.

[Maggie Admire]

Explored the east coast of Canada, right around Oak Island.

[Carter Roy]

Okay, to recap, the First Folio, codes.

[Maggie Admire]

Point to Oak Island. Legends recount hidden treasure on Oak Island. And Francis Bacon sailed around Oak Island. It all lines up. Amundsen decides to search the island.

[Carter Roy]

It's about 140 acres. So to narrow it down, he returns to the First Folio.

[Maggie Admire]

He looks for more acrostic twos.

[Carter Roy]

In Titus Andronicus, he finds one right.

[Maggie Admire]

By a line about gold buried under a tree.

[Carter Roy]

The tree is yet another Freemason symbol, the Tree of Life. Okay, bear with me here. This is also a little complicated, but it does line up. The Tree of life has 10 points, or nodes, each representing a different value.

[Maggie Admire]

Like victory, kingdom or mercy.

[Carter Roy]

The tree is also used in Kabbalah, a branch of Jewish mysticism. The choice of a Jewish symbol might be a hint at the menorah. Amundsen looks for a Tree of Life symbol on Oak island and realizes someone may have already found it. One of the most famous clues to the Oak island treasure is Nolan's Cross, an arrangement of boulders found in 1981.

[Maggie Admire]

From an aerial view, the boulders form a cross.

[Carter Roy]

But what if it's not a cross?

[Maggie Admire]

Amundsen overlays the Tree of Life on.

[Carter Roy]

An image of Nolan's Cross. It's perfectly proportional.

[Maggie Admire]

Each boulder on Nolan's Cross touches a.

[Carter Roy]

Node on the Tree of Life. Amundsen thinks the boulders are actually arranged in the shape of a Tree of Life.

[Maggie Admire]

So he starts looking for the names of each node.

[Carter Roy]

In the first Folio, he finds the word mercy on the last page. Then he lays the Tree of Life symbol over it.

[Maggie Admire]

The word mercy is on the Mercy node, right under Pierce. Pierce. Mercy to Pierce is to create a hole. That must mean the treasure is at the Mercy Point on Oak Island.

[Carter Roy]

That's where to dig.

[Maggie Admire]

Okay.

[Carter Roy]

Phew. That was a complicated journey, but we got there. Except, well, it gets a little more complicated.

[Maggie Admire]

Because the Mercy Point is underwater, Oak.

[Carter Roy]

Island is covered in ponds and swamps. To pierce Mercy, they have to drain the water. Not an easy feat. For Amundsen, it's further confirmation he's right. He believes that while Francis Bacon made the plan, his friend Thomas Bushell, a water engineer, did the actual burial. Right after Bacon died, Bushel left England.

[Maggie Admire]

Saying he had to build Solomon's Temple. Or in other words, build storage for the temple Menorah. Amundsen says Bushel used a mercury coating to protect the treasure cache, which would.

[Carter Roy]

Preserve it perfectly no matter how long it stayed underwater. Which is good, because as of 2025, no one's been able to dig it up yet. Amundsen hasn't had a chance to return to Oak Island.

[Maggie Admire]

But another explorer's search did find a man made hole hole at the Mercy Point.

[Carter Roy]

Because it's underwater, no one has gone down the hole.

[Maggie Admire]

Still, it's proof that long ago, someone.

[Carter Roy]

Excavated Mercy Point either to bury their treasure or dig it up. Amundsen acknowledges that the treasure may have been found by an earlier decoder or moved by the Freemasons. But it also may still be there, buried underwater. Even though Amundsen hasn't found the original Shakespeare manuscripts or the temple Menorah, he.

[Maggie Admire]

Says he found another knowledge. The hunt encouraged him to read literature, learn languages and study geometry. He believes this is why Bacon buried.

[Carter Roy]

The treasure in the first place. Not for personal glory, but to encourage.

[Maggie Admire]

Education and self improvement.

[Carter Roy]

And Amundsen isn't the only one who unexpectedly benefited from the Shakespeare treasure hunt. Remember Elizabeth Wells Gallop's assistants?

[Maggie Admire]

After helping with her search, they joined the US military's World War II code breaking team.

[Carter Roy]

One of them, William Friedman, broke the Japanese Purple Code, allowing the Allies to intercept Japanese messages.

[Maggie Admire]

Meanwhile, Elizabeth Friedman helped crack codes that uncovered South American Nazi spy rings.

[Carter Roy]

They were instrumental to winning World War II. Both. Friedman said they cracked these codes using what they learned from Gallup and her Shakespeare quest. For once, a conspiracy theory did good in the world. Well, maybe it's more than once, and it may not be done yet.

[Maggie Admire]

A bigger dig at Oak Island's Mercy.

[Carter Roy]

Point could still uncover hidden treasure. The theory is so pervasive over the centuries, it feels like something must be hidden in the First Folio. To quote Shakespeare or Bacon, truth will come to light. Murder cannot be hid long.

[Maggie Admire]

A man's son may. But at the length, truth will out.

[Carter Roy]

Thank you for listening to conspiracy theories. We're here with a new episode every Wednesday. Be sure to check us out on on Instagram heconspiracypod. If you're watching on Spotify, swipe up and give us your thoughts for more information on the codes in Shakespeare's First Folio. Amongst the many sources we used, we found the documentary Cracking the Shakespeare Code and the books the Seven Steps to Mercy with Shakespeare's Key to the Oak Island Templum by Peter Amundsen and Erland Lowe, and the Shakespearean Ciphers examined by William F. Friedman and Elizabeth S. Friedman. Extremely helpful to our research and special thanks to Peter Amundsen for giving us a personal interview and sharing several key images for this episode. Until next time, remember, the truth isn't always the best story, and the official story isn't always the truth. This episode was written and researched by Maggie Admire, edited by Pete Ritchie, Fact checked by Sophie Kemp and Engineered Video edited and sound designed by Alex Button. I'm your host, Carter Roy.

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[Maggie Admire]

Two.

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[Carter Roy]

Are you.

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[Carter Roy]

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