Hmmm...
I realise I add this quite late after the original thread, but I find it funny how quickly people try to dismiss people who claim the code is false....

Someone who is interested enough to be on a site that discusses the Beale cipher, yet dismisses it as false has most likely solved (or thinks they've solved) the puzzle, and is simply discouraging others from looking

Those who claim to be on to something, on the other hand, are most likely still looking - and are posting bait in an attempt to discover more information.

All will be revealed in good time.....

I have reason to believe the treasure was recovered and used in the Civil war to free prisoners on Johnson Island by John Beale

What is this?