King's Chest

The King'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

Chance to find inside sunken Shipwrecks on the seas.
High chance to dig up from X Marks the Spot Maps quests found in Messages in a Bottle.

Rewards

King's Chest 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 Sovereigns at the Sovereigns Hut on Outposts for Gold and Gold Hoarders Reputation and Emissary Value (if sailing as a Gold Hoarders Emissary)

The following is the reward chart for sold King's Chest:

Emissary Grade	Gold (Min.)	Gold (Max.)	Emissary Value
No Emissary	3,000	3,100	0
I	3,000	3,100
II	3,990	4,123
III	5,010	5,177
IV	6,000	6,200
V	7,500	7,750

Notes

Picking up and placing Treasure Chests on a Ship for the first time gives Emissary Grade Reputation to Trading Company Emissaries representing the Gold Hoarders or Reaper's Bones.
There is an Ashen version of this Chest, significantly more valuable than the regular Chest, which can be commonly uncovered from Ashen Treasure Maps or found in The Devil's Roar Region, but are not limited to these sources.
All Treasure Chests emit a White Glint from a distance.
Treasure Chests can be caught with a Harpoon.

Commendations

Commendations
Image	Commendation	Requirements	Rewards
	Golden Tribute	Sell 600 Gold Hoarder Treasures while flying the Gold Hoarders Emissary Flag. High Seas only Grade I: 120 Grade II: 240 Grade III: 360 Grade IV: 480 Grade V: 600	n/a
	Eminent Hoarder	Sell 320 Gold Hoarder Treasures while flying a Grade 5 Gold Hoarders Emissary Flag. High Seas only Grade I: 60 Grade II: 120 Grade III: 200 Grade IV: 260 Grade V: 320	n/a
	Tributes Taken	Sell 480 Gold Hoarder Treasures to the Reaper's Bones. High Seas only Grade I: 60 Grade II: 120 Grade III: 240 Grade IV: 360 Grade V: 480	n/a
	Plundered Prizes	Sell 600 of any Trading Company items while flying the Reaper's Bones Emissary Flag. High Seas only Grade I: 120 Grade II: 240 Grade III: 360 Grade IV: 480 Grade V: 600	Unlocks the Dawn Hunter instruments for purchase at Grade I, the Dawn Hunter equipment for purchase at Grade II, the Dawn Hunter clothing and vanity for purchase at Grade III, the Dawn Hunter weapons for purchase at Grade IV, the Dawn Hunter ship set for purchase at Grade V.
	Fearless Reaper	Sell 320 of any Trading Company items while flying a Grade 5 Reaper's Bones Emissary Flag. High Seas only Grade I: 60 Grade II: 120 Grade III: 200 Grade IV: 240 Grade V: 320	n/a
	Legendary Gold Hoarder	Sell 500 Chests as a Pirate Legend High Seas only Grade I: 10 Grade II: 50 Grade III: 100 Grade IV: 250 Grade V: 500	Rewards the Legendary Gold Hoarder Title. Unlocks the Legendary Shovel and Legendary Compass for purchase.
	Treasures Fit For a King	Sell the rare Kingly treasures that can be found on the Sea of Thieves. Grade I: 50 Grade II: 100 Grade III: 250 Grade IV: 500 Grade V: 1000	Unlocks the Cartographer Cutlass and Eye of Reach for purchase.