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Well, you have gotten some good advice, and I figured I would add my 3 cents also.
You have heard the Caribbean pirates opinion, now it's time Barbary Corsairs recommendation.
Over all, I recommend you try to steal the little dinghy in Padres, it works quite nicely when sailing up to a big juggernaut and saying "Give me your gold or I'll summon the kraken!" But if your not that risky, I recommend you take your 20K gold and invest it in a Sloop O'war, it's the best for those just starting out into the warship class, it gives you all the maneuverability you want without sacrificing too much firepower. It might take a little longer to get all the gold you want, but you wont get bored as quickly with a Sloop, unlike a galleon and there is a lessor chance of this happening to you: Logging in to POTCO getting ready to sail, clicking Galleon O'war, and say "Back to the bloody grind again..... why didn't I just order pizza?".
Nuju-
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