It is closing time at the Krusty Krab, Squidward is obviously delighted at being free of work, while a sad SpongeBob isn't. He soon finds an old, blackened, moldy Krabby Patty under the grill, he tries throwing it out. However, this triggers an alarm and Mr. Krabs will not let him throw out the patty, as selling it will give him 5.2 cents, and orders SpongeBob not to make another patty until that one is sold.
The next day, Squidward is informed of the decision and reluctantly holds out the rancid patty to the customer. The customer takes one sniff of the patty, screams in disgust and backflips out the door.
Sure enough, this results in the Krusty Krab losing many weeks' worth of business. Mr. Krabs wonders if it's the new place mats, but Squidward angrily tells his boss it's the old rotten patty he keeps trying to sell to everyone. The stubborn Mr. Krabs dismisses such a notion and has SpongeBob bring it out. SpongeBob reveals he has caged it, since it became sentient enough to growl at him. Mr. Krabs decides to prove his views by eating the patty, though before he eats it he sees an ambulance passing the Krusty Krab (mostly because the people already know he'll get sick from eating it). He eats the spoiled patty, and he is promptly rushed to the hospital minutes later while now green. As he's being wheeled in, Mr. Krabs tells SpongeBob to wrap up the rest of the patty because he still thinks it's worth eating, while the latter worries over his boss.
Mr. Krabs is taken to Davy Jones' locker by the Flying Dutchman
Soon in the hospital, the Flying Dutchman appears to condemn him in Davy Jones' Locker. Mr. Krabs falsely claims his name is "Harold Flower" but the Dutchman gets confirmation from the nurse that he is lying. When they arrive at the locker, Mr. Krabs begs to be freed. The Dutchman does, as long as he will always be generous from then on, Mr. Krabs promises.
At the Krusty Krab (which went bankrupt and ended up going out of business due to the amount of business lost and Krabs' absence), Squidward is going through his boss' belongings while a tearful SpongeBob believes he'll come back though his co-worker isn't convinced by the doctor's word. At that moment, Mr. Krabs returns to the Krusty Krab and his employees are shocked to see him again. SpongeBob celebrates as Squidward is deadpan, but Mr. Krabs promises to be less cheap and more generous.
Re-opening his restaurant, Mr. Krabs begins to treat everyone nicer with the "employee lounge" and free refills. But soon, SpongeBob and Squidward become concerned when Mr. Krabs isn't the least bit fazed when he receives a $10,000 hospital bill and doesn't have any money in the register to pay for it. When they tell Mr. Krabs how weird he's been acting, he states that he's having a bad dream and that there is nothing to worry about, much to their shock and confusion. After Squidward and SpongeBob tell him otherwise, he realizes that the whole thing was real and panics. He revokes all the free things he gave to the customers and threatens to rip off one's arm over a penny. The Dutchman returns to take him
back to the Locker. But SpongeBob bets that Mr. Krabs is generous, and bets that he would pick him over all the money in The Dutchman's pocket. Mr. Krabs promptly takes the money, sending a heartbroken SpongeBob to Davy Jones' Locker. Squidward is shocked and outraged at Mr. Krabs for selling SpongeBob's soul for 62 cents and chews him out. Mr. Krabs sees the error of his ways and rejects the money. The Flying Dutchman then returns with SpongeBob, not because of Mr. Krabs' repenting, but because SpongeBob was WAY too annoying due to his talkative nature and he believes that letting Mr. Krabs have SpongeBob in his life would be "a fate worse than death."
Mr. Krabs apologizes to SpongeBob for his petty act, but the latter dismisses it as he would do the same, but promptly denies it and the crew laugh.
At the end, the Flying Dutchman is seen reading near the locker when the phone rings. It's SpongeBob, who begins to annoy the Flying Dutchman again with his consistent chatting.
‣Torn Apart - Mike Sunderland ["Closing time, the saddest time of the day."] •Vibe Sting - Nicolas Carr [SpongeBob finds a patty under the grill] ‣The Rake Hornpipe - Robert Alexander White [Krabs wants to sell it] ‣Dramatic Cue (h) - Ronald Hanmer [customer screams] ‣The Tip Top Polka/The Cliff Polka - Chelmsford Folk Band ["We haven't had a customer in weeks."] ‣Murder for Moderns (a) - D G Dolf Van Der Linden [Krabs in the hospital] ‣Murder for Moderns (b) - D G Dolf Van Der Linden [Doctor talks to Krabs] ‣Dramatic Cue (e) - Ronald Hanmer ["This is terrible!"] ‣Malleus Mallificarum (a) - Dave Hewson [Flying Dutchman appears] ‣In the Crypt - Dave Hewson ["Eugene Krabs, your time has come."] ‣The Dreadnought Tea Clipper (b) - Tim Laycock, Robert Alexander White ["I must have the wrong room."] ‣Malleus Mallificarum (a) - Dave Hewson ["So, Krabs, you thought you could fool the Flying Dutchman?"] ‣Cold Sweat - John Scott ["What do you want from me?"] ‣Tales from the Swamp (c) - Ron Goodwin ["Davy Jones' Locker!"] ‣Cold Sweat - John Scott ["Davy Jones' locker?! Why do I have to go there? I'm not a bad crab!"] ‣Tales from the Swamp (a) - Ron Goodwin [Krabs and Flying Dutchman leave the hospital] ‣Monks (c) - Dave Hewson [sweaty socks] •Drowsy Reef - Sage Guyton, Jeremy Wakefield [Krabs cries] ‣Here's Adieu Sweet Lovely Nancy (b) - Tim Laycock, Robert Alexander White [Krusty Krab out of business] ‣The Promised Land - Kay Rudd [Krabs enters] ‣The Promised Land - David Farnon ["Being sick made me do a lot of thinking."] ‣Gay Dog - Francis Chacksfield [Krusty Krab reopens] ‣Terror by Night - Hubert Clifford [Krabs realizes he is awake] ‣Dramatic Cue (g) - Ronald Hanmer [Krabs takes everything back] ‣Malleus Mallificarum (a) - Dave Hewson [Dutchman reappears] ‣Cold Sweat - John Scott ["That little display of parsimonious penny pinching..."] ‣Tales from the Swamp (c) - Ron Goodwin ["...for eternity!"] ‣In the Crypt - Dave Hewson ["Well, a deal's a deal."] ‣The Haunted Castle - Paddy Kingsland [SpongeBob sticks up for Krabs] •Steel Licks 7 - Jeremy Wakefield [62 cents] ‣Tales from the Swamp (a) - Ron Goodwin [Dutchman takes SpongeBob] ‣Hawaiian Cocktail - Richard Myhill ["What have I done?"] •Puka A - Sage Guyton, Jeremy Wakefield [Flying Dutchman takes SpongeBob back to the Krusty Krab/SpongeBob talking to the Flying Dutchman through the phone] •Puka B - Sage Guyton, Jeremy Wakefield [ending]
This episode was originally planned to premiere on Monday, July 7, 2003. However, due to new episode delays, it was rescheduled to Saturday, October 4, 2003.[citation needed]
The time card having characters on it is similar to the chapter cards from the video game Employee of the Month.
In "Patty Hype," Mr. Krabs expresses concern for tainted patties when he thinks that the green painted patty is spoiled and tries to burn it. In this episode, he has no concern for the old rotten patty and wants it sold like any other patty that would be fresh.
Mr. Krabs' "fake" name was "Harold Flower." According to the Only the Clonely comic strip found in SpongeBob Comics No. 54, Harold just so happens to be Mr. Krabs' middle name.
Mr. Krabs' pretend names may vary from country to country. In English, Mr. Krabs calls himself "Harold Flowers."
In the Hebrew version of this episode, Mr. Krabs says that his name is "Shimon Vaza" (which means "Simon Vase").
In the Brazilian version, Mr. Krabs says to The Flying Dutchman that his name is "Harold Flores" (Harold Flowers). Flores is an actual last name in Brazil.
In the German version, Mr. Krabs says that his name is "Benjamin Blümchen," referencing an iconic children's cartoon character his voice actor is known for in Germany; Jürgen Kluckert, the voice of Benjamin, voices Mr. Krabs in the German dub.[citation needed]
In this episode, Mr. Krabs nearly rips off a customer's arm for a penny. In "Sleepy Time," he lands moby dollar in a dream sequence but tells SpongeBob to "never mind" the small change when it spouts pennies.
The Flying Dutchman says "parsimonious penny-pinching" when referring to how Mr. Krabs nearly ripped a fish's arm off over a penny. "Parsimonious" is another word for stingy or thrifty.
The Flying Dutchman has six coins that added up to 62 cents. One possible combination is two quarters, two nickels, and two pennies.
Mr. Krabs throwing pennies and silver coins on the ground, in anger from losing SpongeBob for worthless pennies and silver coins
The scene where Mr. Krabs says "You have me word as a sailor" and the scene in the Krusty Krab where a giant 'Grand Re-Opening' sign is hanging was cut in Indonesia.[citation needed]
This is the first episode that shows a time card with a character on it.
Despite of Squidward hating SpongeBob, he calls Mr. Krabs out for selling him to the Flying Dutchman for 62 cents.
In the Polish dub, the episode's title is "Drugie życie Kraba," which translates to "Krabs' Second Life."
In the German dub, the episode has the cynical title of "Geizig bleibt geizig," which translates to "Stingy remains stingy."
This episode spawned an internet meme in which someone comments "Don't let this distract you from the fact that Mr. Krabs sold SpongeBob's soul for 62 cents" on something completely irrelevant to the topic.
When the Flying Dutchman returns SpongeBob, he says he only had him for 30 seconds which was true; exactly 30 seconds elapse between the time the Flying Dutchman disappears with SpongeBob and the time he reappears.
In one scene, Squidward is shown flicking the bun off the patty and telling SpongeBob to give him a different patty, but when the view is back to the patty, the bun is back on the patty.
Even though Mr. Krabs made it a rule not to serve any normal Krabby Patties until the rotten patty is sold, Squidward attempts to serve a customer the rotten patty and other people are eating in the background.
Squidward's detached hand; Mr. Krabs' left arm is missing.
For one frame, Squidward's hand appears to be detached from the rest of his arm.
Also Mr. Krabs left arm is missing.
The door Mr. Krabs enters the office through leads to the kitchen, yet there is no sign of the condiments, freezer door, and it is incredibly dark.
When Squidward wakes up from his nap, he enters from the right. Mr. Krabs' office is to the left of the order counter.
When Flying Dutchman says "...but you were cheap,...," his green glowing silhouette behind himself freezes even though he moves slightly.
A white border cab be seen.
When SpongeBob says “...the 'employee lounge'," there is a white border on the right.
The 62 cents that the Flying Dutchman give to Mr. Krabs have four errors.
One error is that when 62 cents are first shown, their position is on the Flying Dutchman's right hand. However, after the next two scenes, when the Flying Dutchman gives the 62 cents to Mr. Krabs, their position is on Flying Dutchman's left hand.
The other one is the number of coins that are supposed to be 62 cents. When 62 cents are first shown, the number of coins is six. However, after the next two scenes, when the Flying Dutchman gives 62 cents to Mr. Krabs, the number of coins is eight instead of six.
The other one is the colors of 62 cents. When 62 cents are first shown, three of them are silver, two of them are copper, and one of them is in gray-green color. However, after the next two scenes onwards, all of them are in copper colors.
The other one is that when Mr. Krabs throws 62 cents onto the floor, they are still there. However, after one scene and one flashback, they are gone.
The other one is the coins are supposed to be this; gray-green equals one nickel, two copper equals two pennies, three silvers equals two quarters and one nickel but the gray-green is a nickel so there should be two gray-green coins and the sizes are the same which is incorrect.
When Nathiel is about to pick up the penny, the penny is on the ground. However, in the next scene, when the camera zooms out to see that Mr. Krabs parsimoniously grabs a hold of Nathiel's right arm, the penny is gone.
When Davy Jones' locker is first shown, there are two rocks on the bottom left. However, after the next scene, the two rocks are gone.
When Purple Doctorfish drops the clipboard onto the floor after seeing that Mr. Krabs has done a terrible thing, the clipboard is there. However, when Flying Dutchman appears, the clipboard is gone.
SpongeBob's front belt is missing.
In this scene, his whole belt is gone.
When Mr. Krabs tells SpongeBob to get a fresh patty, his front belt is gone but his side belt is still intact, but when SpongeBob says "aye-aye sir" his whole belt is missing.
