We report the first high‐energy detection of PG 1700+518, a well‐known low‐ionization broad absorption line quasar (quasi‐stellar object, QSO). Due to previous X‐ray non‐detection, it was classified as soft X‐ray weak QSO. We observed PG 1700+518 with XMM–Newton for about 60 ks divided in three exposures. The spectrum below 2 keV is very steep, Γ∼ 2.4–3.8, while at higher energies the extremely flat emission (photon index Γ∼ 0.15, when modelled with a power law) suggests the presence of strong absorption (NH, pl∼ 2 × 1023 cm−2, Γ fixed to 1.8) or a reflection‐dominated continuum. The broad‐band flux is consistent with previous non‐detection. Simultaneous European Photon Imaging Camera (EPIC) and Optical Monitor (OM) data confirm its X‐ray weakness (observedαox∼−2.2). The level of obscuration derived from the X‐ray spectra of PG 1700+518 cannot explain its soft X‐ray nuclear weakness unless a column density of NH≳ 2 × 1024 cm−2 is present.