Why is whale excrement worth millions of dollars?

Why Do People Eat Whale Poop? · 11:31 · Video: Today I Found Out · Watch at the source

In short: This video explores the strange world of ambergris, a rare and valuable substance produced by whales. Discover why this ocean-washed excrement is nicknamed "floating gold" and how it can fetch incredible sums at auction.

The substance, known as ambergris or "grey amber," is a hard, lumpy material found floating in the ocean or washed up on beaches. It is so highly prized that a single 175-pound (79 kg) lump recently sold at auction for $3 million after being discovered off the coast of Qurayat. Because of its immense value and distinct color, some collectors refer to it as "floating gold."

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