The Legend of the Black Pearl — Sea of Thieves Walkthrough

Finding Treasure: Treasure can be found on islands, in shipwrecks, floating in the sea, inside vaults, or taken by enemies like Skeleton Ships, Megalodons, and the Kraken. Treasure items emit a colored glint or glow to help players spot them.

Transporting Treasure: Each treasure item must be carried by hand to its respective Trading Company representative. A pirate can only carry one item at a time and cannot use equipment or resources while carrying treasure. Dropping the treasure allows for full control. Harpoons can retrieve treasure from afar. Smaller items can be placed in Container Chests (holding up to 3 items) to hide their glow and sound.

Treasure Lifespan: Treasure left on land remains until interacted with. Treasure dropped in water sinks after approximately 5 minutes, except for Trade Good Crates which float longer.

Emissary Value: Sailing as a Trading Company Emissary and picking up relevant treasure grants Emissary Grade Reputation. Additional Reputation is gained when the treasure is placed on the ship. These bonuses are awarded only for the first claim of a treasure item.

Trading Companies: Treasure items are categorized by the Trading Company that buys them: Gold Hoarders, Order of Souls, and Merchant Alliance. Within these, treasures can be Regular, Ashen, Stronghold, Skeletal, or Ghostly variants.

Gold Hoarders Treasure: This category includes Treasure Chests and Artefacts.

Treasure Chests: These are locked chests sold to the Gold Hoarders. They can be found via Treasure Maps, Riddle Maps, Ancient Vaults, or randomly. They emit a white glint. Types include Regular, Shipwrecked, Coral, Ashen (found in The Devil's Roar, double price), Valuable, and Cursed Chests.

Artefacts: Smaller items found alone, in chests, or in Fortress Vaults. They emit a golden glint. Types include Regular Artefacts (trinkets, containers, ornaments) and others that share pricing tiers with Treasure Chests.