Truth?

Explain the situation of the [203748|Worn-Out Scroll].

([112240|Shikude] concentrates on the scroll for a long time before looking up at you)

Oh! I'm sorry. When I look at an old item I get distracted. I've forgotten to introduce myself. I'm the Black Sail Pirates' exclusive treasure appraiser, [112240|Shikude]. My appraisals set the price of everything, but since the Black Sail fleet collapsed I just make a living helping illiterate pirates write threatening letters...

The item you've brought is quite amazing. Do you know what it is? If I've guessed correctly, it's the famous "Blood-stained Bottle Letter." I can't imagine how a document that once stirred up so much controversy fell into your hands. But what's puzzling is that some of the words aren't clear. It looks like someone has done something to it. Can you tell me who handled this scroll before? Or what happened?

Cheney, you say? That old fox [112209|Cheney Chanep] who works at [ZONE_FARCREST ESTATE|Calamus Manor]? No wonder. You were cheated, kid. In my 50 years as a pirate I've never heard of this pirates' developing agent. You were definitely cheated!