Loralee Wright with Ambergris

The Australian Wright family, in the course of a fishing trip were walking on a beach near Streaky Bay on South Australia’s west coast, when they found a peculiar large object, which they eventually decided to take home. Research on the Internet, and a visit to a matine biologist, in the course of the next few weeks etablished that they had found a 14.75 kg (that’s 32.5 lbs to Americans) lump of Ambergris, a rare and valuable natural substance cast up by sperm whales, and used in the manufacture of perfumes worth $20-65 a gram. The beach souvenir is thought be worth as much as $295,000.

Indian Express — ABC West Coast