Captain’s Chest

The Captain’s Chest is a type of Treasure Chest in Sea of Thieves. Treasure Chests are locked with locks that can only be opened by Skeleton Keys held by Gold Hoarders on every Outpost. They are willing to buy these Chests for a fraction of their worth.

Where to Find
Captain's Chests can be found from the following sources:
 * Chance to dig up from X Marks the Spot Maps received from Quests or Voyages
 * Chance to find inside Gold Hoarder Treasure Vaults
 * Chance to dig up from X Marks the Spot Maps received from Emergent Skeleton Captain Skeleton's Orders Quests
 * 20 Guaranteed from Gold Hoarders Emissary Quest Treasure Maps
 * 40 Guaranteed from Gilded Hoard Voyage Treasure Maps
 * Chance to find hidden on Islands, excluding Outposts, Seaposts and Forts
 * Chance to find beached above or below the shorelines of Islands, excluding Outposts, Seaposts and Forts (Shipwrecked version)
 * Chance to find inside sunken Shipwrecks on the seas (Shipwrecked version)
 * Chance to find among Barrels of Plenty floating on the open Seas
 * Chance to find on Skeleton Ships (Shipwrecked version)
 * Chance to find inside completed Skeleton Fort Vaults
 * Possible reward for defeating a Kraken tentacle
 * Possible reward for defeating a Megalodon
 * Guaranteed reward for various Mercenary Voyages that were available for a limited time

Rewards
Captain's Chests can be sold to:
 * Hoarders stationed at Gold Hoarders tents on Outposts for Gold and Gold Hoarders Reputation and Emissary Value (if sailing as a Gold Hoarders Emissary)
 * The Servant of the Flame at The Reaper’s Hideout for Gold and Reaper's Bones Reputation and Emissary Value (if sailing as a Reaper's Bones Emissary)

The following is the reward chart for sold Captain's Chests:

Trivia

 * Before the Reaper's Bones set up shop at The Reaper’s Hideout, Captain's Chests could be sold for double Gold to the Masked Stranger on the Island for a limited time.
 * The Arena Game Mode trailer showed players interacting with Captain's Chests in matches instead of Sea Dog Chests and Glorious Sea Dog Chests

Commendations
Gold Hoarders Commendations:

(only for Shipwrecked version)

Reaper's Bones Commendations:

Athena's Fortune Commendations: | Unlocks the Legendary Shovel and Legendary Compass for purchase

Bilge Rats Commendations: |

Pirate Chat
Here is the Pirate Chat Wheel of the Chest:

Cofre de capitán