Is this fish worth $53,000? - Contest sizzling in 2 minutes

Word got up and down New Zealand's longest beach pretty quickly that Milton Arnold had caught a big one.
Mr Arnold, fishing in his 27th Lion Red Ninety Mile Beach Snapper Classic, yesterday landed an 8.54kg snapper, just two minutes after fishing started for the day in the competition at 7am.
Mr Arnold, from Paparore, 18km north-west of Kaitaia, said it made his mid-morning beer all the more rewarding.
"I'm done for the day now", he said, possibly secure in the knowledge that the fish was likely to earn him $3000 for the heaviest fish of the day.
Now he's got a nervous wait to see if it will be worth an additional $50,000 as the heaviest fish of the five day contest come Saturday.
"But there'll be more tomorrow and some big ones I reckon," Mr Arnold said.
The sun was only just rising when Mr Arnold pulled in what could be the catch of his life.
"I could tell it was a big one as I was reeling it in, I thought it would be about 8kg," he said.
Mr Arnold's childhood friend Eileen Craig, of Taupo Bay, heard a whisper on the wind of his whopper and drove up the beach to congratulate him.
"Well done you," she cried as she gave him a big smile and a handshake.
Mr Arnold said yesterday's fish was the biggest snapper he had ever caught in the competition.
His fishing mates, Peter Duke and Dave Rollo, were impressed with his haul, but all admitted fishing was "90 per cent luck and 10 per cent skill".
"Because you can have five of you fishing in the same spot but only one reels the fish in," Mr Rollo said. "It's just whatever bait the fish decides it wants."
Mr Duke and Mr Rollo thought the Snapper Classic was a great contest for the camaraderie it had and that everybody had the same chance to win.
They had come up from West Auckland for the contest for about the 20th time. The pair were taking part in the teams event, but sadly Mr Arnold was fishing for a different team.
Mr Arnold had lived in West Auckland as well, but moved to Paparore two years ago "for the fishing". He could have 53,000 reasons to celebrate that decision on Saturday.
Organiser Yvette Urlich said the atmosphere at the weigh-in station at Waipapakauri was just beginning to liven up yesterday as news of the big fish being caught started trickling through.
The Snapper Classic is recognised as the largest surf-casting event in the world with prizes worth more than $250,000. The heaviest snapper caught each day will earn the fisher $3000, while the biggest snapper landed during the whole week wins $50,000. The heaviest snapper ever caught was Vaughan Craven's 9.315kg whopper last year.