When Mr. Krabs sees SpongeBob pick something up off the street, he begins to obsess over the idea that SpongeBob found a penny – a penny that he should have found first! Mr. Krabs is determined to get that penny from SpongeBob, no matter what it takes! SpongeBob's boating school class is going on a field trip to the nautical museum – a perfect opportunity for SpongeBob to show off his nautical know-how to Mrs. Puff! SpongeBob is convinced that once she sees just how knowledgeable he is about boating history, Mrs. Puff is sure to give him his license! Now all he needs to do is memorize the entire history of boating in one night.