Turns out this disgusting substance called Ambergris is used in France (where else?) for rare perfumes.
Naturally we thought this was as nasty as it gets, grubbing around on a beach in search of greasy balls of whale vomit...that was until we discovered how much these guys stand to make off the stuff-$500,000 pounds, or in depressed American dollars a whopping $996.973.12!
Sean, from Penrhyndeudraeth (try saying this without loosing a tooth) in North Wales, said the pair were on the beach walking a dog at nearby Criccieth when they made their discovery.
"We just came across this white, like waxy lump. I said to Ian: 'It looks a bit like whale sick. He had never heard of anything like it," he said.
O.K, so maybe they have something there, and with the price of homes here in California hovering around $800,000, do not be surprised if you see one of the Shark Diver crew out on that beach in the near future. Too bad this story didn't hit on April 1st.