How much money the Pogues got from searching for El Dorado’s gold in Outer Banks Season 3

WARNING! This article contains SPOILERS for Outer Banks Season 4, Part 1!While the Pogues have been unable to retain their full assets during their past adventures, Outer Banks Season 4 reveals the huge payout the teenagers received from their gold hunt in El Dorado. In Outer Banks At the end of the first season, the Pogues have their gold stolen from Ward Cameron’s Royal Merchant treasure hunt, and the Cross of Santo Domingo in the second season is stolen from Rafe Cameron and Renfield’s group. However, Ward, Big John, Singh and Singh’s men died Outer Banks At the end of the third season, the Pogues successfully escape with the gold from El Dorado.

The last scene of Outer Banks Season 3 took place after an 18-month time jump that revealed the Pogues were recruited to help find Blackbeard’s treasure. Outer Banks Season 4 begins by revealing what happened to the teenagers in the 18 months they were together Get rich and build “Poguelandia” after trading the gold from El Dorado. While the significant payout was pooled and not split Outer Banks‘ Main Characters surprisingly only lasted less than two years before the Pogues ran out of funds.

The Pogues received $1,172,549 for the gold they found at El Dorado

The Pogues’ Eldorado gold was still well below the value of their previous treasures

In Outer Banks Season 4, Episode 1, John B reveals the total the teens got from the bank for their gold: $1,172,549. Divided between the six Pogues, that would have been about $195,424 each, slightly less than Pope’s estimated $211,000. However, the Pogues decide to pool the money instead and use it to buy back JJ’s land, build her surf shop and charter boat shop, buy a charter boat, and pay the property taxes.

The $1 million worth of gold the Pogues get from El Dorado Outer Banks Season 3 is significantly less than the alleged value of the treasures of the Royal Merchant and the Cross of Santo Domingo. Accordingly Outer Banks In the first season, it was said that the Royal Merchant shipwreck contained gold bars worth about $400 million, while in the second season, the Cross of Santo Domingo was said to be worth about $500 million. Rafe ended up melting the cross into gold bars, but it’s unclear exactly how much he made from the exchange.

Why the Pogues burned through their money so quickly during Outer Banks’ 18-month time jump

The Pogues paid way too much money to get JJ’s land back

John B and the Pogues could have realistically lasted much longer with their $1,172,549 from the gold. However, high spending and an auction battle caused this number to decline very quickly. When he offered to buy back JJ’s land at the auction, he immediately ignored Pope’s suggestion to only go higher in $1 increments. When a bidding war ensued with another potential buyer, JJ ultimately secured the home for $775,010, which was 33% above the property’s market value. In one fell swoop, the Pogues lost about two-thirds of their money.

The Pogues realize that the amulet actually leads to Blackbeard’s Blue Crown, which is far more valuable than the $50,000 Wes Genrette originally offered them
Outer Banks
Season 4. Therefore, they could end up with far more money than they got for El Dorado’s gold.

Over the next 18 months, the Pogues would do this lose another $20,000 when JJ bets the last gold on himself in a motorcycle race. They would also have to pay for materials to build their surf shop and charter boat shop, buy their boat, and buy expensive ingredients for the food they make and grow. That’s why if the Pogues get the offer Outer BanksWhen the character Wes Genrette finds Blackbeard’s amulet for $50,000, they have no choice but to seize the opportunity.