WARNING! This article contains SPOILERS for Outer Banks season 4, part 1!While the Pogues weren’t able to keep their full fortunes throughout their past adventures,Outer Banksseason 4 reveals the massive payout the teens got from their gold hunt at El Dorado. InOuter Banksseason 1’s ending, the Pogues have their gold from the Royal Merchant treasure hunt stolen by Ward Cameron, with season 2’s Cross of Santo Domingo being stolen from the group by Rafe Cameron and Renfield. However, with Ward, Big John, Singh, and Singh’s men dying inOuter Banksseason 3’s ending, the Pogues successfully get away with the gold from El Dorado.
The final scene ofOuter Banksseason 3 occurred after an 18-month time-jump, revealing that the Pogues were being recruited to help search for Blackbeard’s treasure.Outer Banksseason 4 kicks off by revealing what happened to the teens over the course of those 18 months, which saw thembecome rich and build “Poguelandia” after exchanging the gold from El Dorado. While the sizable payout was pooled together rather than being split amongOuter Banks’ main characters, it surprisingly only lasted them less than two years before the Pogues ran out of funds.

The Pogues Got $1,172,549 For The Gold They Found At El Dorado
The Pogues' El Dorado Gold Was Still Significantly Less Than Their Previous Treasures' Values
InOuter Banksseason 4, episode 1,John B reveals the grand total that the teens got from the bank for their gold: $1,172,549. Divided between the six Pogues, that would have come to about $195,424 each, a bit less than the $211,000 that Pope estimated. However, the Pogues decide to pool the money together instead, using it to buy back JJ’s land, build their surf shop and charter boat store, buy a charter boat, and pay for property taxes.
Outer Banks Season 4 Part 1 Ending Explained: JJ’s Identity Twist & Who Groff Is Really Working With
The Pogues return for a treasure hunt in Outer Banks season 4, part 1, and along the way, they face danger and JJ learns a secret about his past.
The million dollars worth of gold that the Pogues get fromEl Dorado inOuter Banksseason 3issignificantly less than what was rumored to be the value of the treasures from the Royal Merchant and the Cross of Santo Domingo. According toOuter Banksseason 1, it was said that the Royal Merchant shipwreck contained about $400 million in gold bars, with season 2’s Cross of Santo Domingo being valued at about $500 million. Rafe ended up melting down the cross into gold bars, but it’s unclear exactly how much money he made from exchanging it.

Why The Pogues Ran Through Their Money So Fast 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 should realistically have been able to last quite a bit longer on their $1,172,549 from the gold. However, large spending and an auction fight led to this number dwindling very quickly. When bidding at the auction to buy back JJ’s land, he immediately ignored Pope’s suggestion to only go higher in $1 increments. Then, when getting into a bidding war with another potential buyer, JJ ended up securing the house for $775,010, which was 33% above the property’s market value.In one fell swoop, the Pogues lost approximately two-thirds of their money.
The Pogues realize that the amulet actually leads to Blackbeard’s Blue Crown, which they discover is far more valuable than the $50,000 Wes Genrette originally offered them inOuter Banksseason 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 wouldlose another $20 thousand when JJ bet the last of their gold on himself in a motorcycle race. They would also have to pay for materials to build their surf shop and charter boat store, buy their boat, and purchase expensive ingredients for the food they make and grow. Therefore, when the Pogues get the offer fromOuter Banks’ character Wes Genretteto find Blackbeard’s amulet for $50 grand, they have no choice but to jump at the opportunity.
Outer Banks
Cast
Outer Banks follows a group of teenagers in the Outer Banks of North Carolina as they uncover a legendary treasure linked to the mysterious disappearance of the group’s leader’s father, leading to a series of dangerous and thrilling adventures.