Treasure Chests

Treasure Chests are a type of Treasure that can be found all over Sea of Thieves. These Chests are locked with magical unbreakable locks that can only be opened by the Gold Hoarders, who have the Skeleton Keys for these Chests. Gold Hoarders Representatives on Outposts are willing to offer Gold, Reputation and Emissary Value for these Chests.

Mechanics
A player can only carry one Treasure Chest at a time and cannot use items or sprint at the same time. When dropped, Treasure Chests will emit a white glint from far away, making them easier to spot. Treasure Chests will float to the top when dropped in Water, however they will start sinking to the bottom after 5 minutes have passed. Chests dropped on land or on the shoreline will stay in-game virtually forever. Untouched Treasure Chests will disappear when an island respawns. Chests that have been dropped in Deep Waters will disappear after sinking to the bottom. Every chest can be caught with a Ship's Harpoon.

Every basic Treasure Chest has an Ashen and a Shipwrecked version. Ashen Treasure Chests are the Devil's Roar variants of Treasure Chests with an emberlike glow. They are worth twice their original counterpart. Shipwrecked chests can be found either beached on islands or inside Shipwrecks and have the same value as regular chests, but count towards the Hoarder of Barnacled Gold Commendation. Aside from the regular Chests, there are also two valuable Skeleton Chests - The Skeleton Captain’s Chest and Stronghold Chest - received from various Encounters on the Seas and a single Ghostly Chest, the Chest of the Damned, received from Ghost Captain Ships in Ghost Fleets.

There are three Cursed Treasure Chests that have special effects. The Chest of a Thousand Grogs makes the player sway from drunkenness when carried, the Chest of Sorrow will periodically start weeping and flooding a Ship and the Chest of Rage will heat up and eventually explode if it is not doused with water.

Where to find
Treasure Chests are most commonly dug up from X Marks the Spot Maps, which can be received as singular Quests or as a part of Gold Hoarders Voyages. These Chests need to be dug up with a Shovel. Depending on the difficulty of the Quest, the Chests may need more Shovel Taps to be fully dug up. When a crew member finds a buried chest by hitting the ground in the correct spot, all other crew members are notified of the chest's type and who found it. Singular Chests can also be found lying around or beached on islands or as rewards for completing any encounters on the seas.

Emissary Mechanics
Any Player Crews sailing as Gold Hoarders Emissaries can receive Emissary Grade Reputation for picking up and putting Treasure Chests on their Ship for the first time. This benefit is also applicable for Reaper's Bones Emissaries who gain Emissary Reputation for any Treasure items that they steal. Selling Treasure Chests to the two companies as Emissaries does not give Emissary Grade Reputation, however Players do receive Emissary Value, which is counted for the respective Company Emissary Ledger leaderboards. The higher the Crew's Emissary Grade, the more Gold, Reputation and Emissary Value they receive for selling Treasure Chests.

Rewards
Treasure Chests can be cashed in to Gold Hoarders Representatives at any Outpost for Gold and Reputation with the Company. As stated before, Gold Hoarders Emissaries will also receive Emissary Value with the Hoarders for selling the Chests while flying an Emissary Flag. Being an Emissary also increases the Gold and Reputation gains for selling Treasure Chests. Alternatively, Crews can choose to sell any Treasure Chests to the Reaper's Bones Representative at The Reaper's Hideout instead for equal Gold and Emissary Value gains, but less Reputation gains with the Reapers. Treasure Chests also have various achievable Commendations tied to selling them, offering players additional rewards, such as Titles, Doubloons or Reputation.

The following is a table of the multiplicative Rewards for selling Treasure Chests as Graded Emissaries.

When sold, the whole Crew is rewarded with equal amounts of Gold, Reputation and Emissary Value, while Alliance Members will earn half of the Gold and Reputation Gains, but no Emissary Value.

All Treasure Chests have a variable value with the minimum and maximum reported Gold rewards documented in the tables below.

Types
There are various Types of Treasure Chests with varying values and effects:

Regular Chests
Most Regular Chests have a Shipwrecked variant, covered in barnacles, that sell for the same amount of gold. Shipwrecked version can be found inside Shipwrecks, on Skeleton Ships or submerged on Islands.

Ashen Treasure Chests
Every regular Treasure Chest has a more valuable Ashen Version, commonly found in The Devil's Roar.

Valuable Chests
These Treasure Chests are more valuable than regular chests and are commonly received as prizes for dangerous Encounters on the seas:

Cursed Chests
These Chests are rarer than regular Treasure Chests and all have a specific Cursed effect.

Trivia

 * Clever locations to hide Treasure Chests throughout the ship: The Crow's Nest, on the Galleon captain's balcony, against the stairs or walls tucked by barrels on the lower deck, under or in front of the Helm, and on sail cross-beams (access by hopping down to them from the Crow's Nest). Turning off the lanterns below deck can help conceal hidden valuables.
 * There are Athena's Treasure versions of Treasure Chests, called the Chests of Legends, which are worth a considerable sum of Gold when sold to Athena's Fortune.

Commendations
Gold Hoarders Commendations:

Reaper's Bones Commendations:

Athena's Fortune Commendations:

| Unlocks the Legendary Shovel and Legendary Compass for purchase

Bilge Rats Commendations: | |  | Unlocks the Bone Crusher Capstan for purchase | |  |  |  |  |  |

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