Port Royal is a 'cut-and-shoot' knife priced $25,000. Actually it's not for sale.
From the maker:
This is a knife commissioned for the private collection. Every single part of it, including the custom case, was designed and created by gunsmith and knifemaker Bruce Bump.
It is a 36 caliber ball 'cut-and-shoot' that is one of the coolest knives I've ever had the chance to play with. Engraving was performed by Brian Hochstrat. You might also notice the thumb-stud has an embedded Emerald. It's a completely workable piece...It shoots.
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