I remember seeing an old Bat Masterson episode about this years ago.
I also read of it in a book by Brad Williams and Choral Pepper about lost treasures of the West.
Then True Treasure magazine had an interesting article about it.
I always thought the Salton Sea depression would be the best place. The ships sail in, then find their way out blocked, then the sea, more a lake, dries out and they are trapped.
There’s probably a way to make an interesting “National Treasure” sequel out of this. It would have to be better than the second movie.
https://www.imdb.com/title/tt0519352/
Wms and Pepper — This one?
https://www.goodreads.com/book/show/3895609-lost-treasures-of-the-west
Hmm, this is open in a tab here, for later:
https://www.solie.org/alibrary/BatMasterson_135TheDesertShip.html