The Model Ship is treasure that can be obtained in the game Sly Cooper: Age of Thieves in the episode Coopers of the Caribbean. It is worth 189 coins and the time needed to get it to the safehouse is thirty-five seconds.
"This one-of-a-kind model of Henriette's famous ship, the Emerald Eclipse, is said to be worth even more than the actual ship itself. Truly, there is nothing greater for a pirate or thief to own than a model of their own ship."
It is located just behind the safehouse in a small cove. Only Henriette is capable of reaching this treasure.