Welcome aboard, ya scurvy lot, to the ultimate guide to the finest, shinest, and most skull-rattlin’ loot in Sea of Thieves! As you know, there are lots of types of treasures that you can find, haul, and sell for a booty in the game. But they all have properties, and some sell for more, while others sell for less. In this game, we’ll list the most expensive treasures and loot that you can sell for the biggest amount of profit.
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How Treasure Value Actually Works
Not all loot is created equal in Sea of Thieves. Some treasures are flashy but low-value, while others look like junk and are worth a small fortune. Here’s what actually determines how much your haul is worth—and how to make the most of it.
1. Gold, Doubloons, and Reputation
Decide what kind of currency you’re going for before looking for the Sea of Thieves best loot. Most items sell for gold, which you’ll use to buy cosmetics and upgrades. A few rare items—like Reaper’s Chests—grant doubloons instead, which are used for time-limited items and commendation progress. Nearly everything you sell also builds reputation with a trading company (like Gold Hoarders or Order of Souls), which is key to unlocking higher-level voyages and titles.
2. Base Value vs. Emissary Bonuses
Every treasure has a base value—that’s what it sells for without any multipliers. But if you're sailing under an Emissary flag for a trading company, you’ll earn bonus gold and reputation based on your Emissary Grade:
- Grade I: +0%
- Grade II: +33%
- Grade III: +67%
- Grade IV: +100%
- Grade V: +150%
That means a Chest of Fortune worth 20,000 gold at base becomes 50,000 gold if turned in while you’re Grade V. It’s a huge difference, so stacking loot and selling all at once can seriously pay off. BLOG20
3. Turn-In Location Matters
Where you sell the loot affects which company gets the rep. Most items go to Outpost vendors, but some treasures are exclusive:
- Reaper’s Bones takes everything (ideal for mixed hauls or stolen goods)
- Athena’s Fortune only accepts high-tier Pirate Legend loot
- Sovereigns make selling faster but don’t offer reputation
If you’re playing for gold only, Sovereigns and Reapers are fastest. If you care about rep or commendations, make sure you’re selling to the right faction.
And if you need more tips about making gold than what we have in this Sea of Thieves loot guide, we have a separate gold guide. Check it out!
4. Some Loot Has Utility Beyond Gold
A few treasures—like the Ashen Winds Skull—can be used as weapons. Others unlock vaults or special voyages. Don't just look at the price tag; sometimes the real value is strategic.
In short, base value tells you what something’s worth, but Emissary bonuses and turn-in choices can turn a decent haul into a legendary payday. Know what you’re carrying, fly the right flag, and cash in smart.
Sea of Thieves Best Treasure Tier List
There’s a ton of loot in the game, but not all of it is worth fighting over. This Sea of Thieves treasure tier list focuses on the most valuable and impactful treasures in the game, based on their base gold value—before any Emissary bonuses or reputation gains. We’ve grouped the best loot into tiers, from legendary (S-Tier) down to reliable (B-Tier).
This table is your quick-glance guide to what’s worth grabbing, guarding, and cashing in—especially if you’re short on time or sailing solo. Use it to prioritize what you stash on your ship and what’s okay to leave behind.
Tier | Treasure | Base Sell Price | Source/Notes |
Tier S | Box of Wondrous Secrets | 25,000 gold | Extremely rare; Devil’s Roar or underwater zones; sell to Grace Morrow only |
Chest of Fortune | 20,000 gold | Fort of Fortune vault (world event); PvE heavy, high risk, high reward | |
Tier A | Ashen Chest of Legends | 13,000–16,500 g | Ashen Athena Voyages or Fort of the Damned |
Reaper’s Bounty | 10,000 gold | Found in wrecks; marked on map, attracts PvP | |
Ashen Winds Skull | 10,000 gold | Drops from Ashen Lord world events; doubles as a flamethrower | |
Chest of Legends | 8,600–11,000 g | Pirate Legend Voyages, Fort of the Damned, Athena runs | |
Reaper’s Chest | ~25 Doubloons | Found in wrecks; trade for cosmetics or gold; marked on map | |
Tier B | Chest of Everlasting Sorrow | 6,000–6,800 g | Tall Tale reward (The Sunken Pearl); cries heavily |
Wrathful King’s Bounty Skull | ~5,200 g | High-level Order of Souls bounty reward | |
Chest of Ancient Tributes | 3,400–3,900 g | Found in Gold Hoarder vaults; time-limited escape adds tension | |
Stronghold Chest | 1,500–3,000 g | Sea Forts, Fort of the Damned, world events | |
Stronghold Skull | 2,000–4,000 g | Same sources as Stronghold Chest |
Note: These are base Sea of Thieves chest values. A Grade V Emissary flag can increase sell value by up to 150%, so a 10k item can be worth 25k with bonuses. Value also fluctuates slightly between vendors.
The Best Loot in Sea of Thieves
If you’re after maximum gold for minimum wasted effort, these two chests are the Sea of Thieves best treasures. They’re rare, high-risk, and heavily contested—but hauling one back to port is a flex all its own.
Box of Wondrous Secrets
- Base Sell Price: 25,000 Gold
- Sells To: Grace Morrow (Morrow’s Peak Outpost), The Servant of the Flame (Reaper’s Hideout)
The Box of Wondrous Secrets is the rarest and Sea of Thieves most profitable items in the game—so rare that most players will go their entire Sea of Thieves career without ever finding one. It only spawns in the Devil’s Roar, randomly on beaches or underwater (never at Seaposts or the Molten Sands Fortress), and even then, the drop rate is extremely low.
There are no commendations, titles, or quests directly tied to this chest. No bells, no achievements—just pure, unfiltered gold. You’ll know it when you find it: it glows faintly red and looks like it’s barely holding in whatever cursed magic is inside.
Lore-wise, it’s tied to Flameheart and his followers, and its contents are supposedly so disturbing that they drove Stitcher Jim insane. For gameplay, it’s simply the highest single-value treasure item in the game.
If you find one, get it to Morrow’s Peak or Reaper’s Hideout as fast as you can. It’s that valuable—and that dangerous to hold.
Chest of Fortune
- Base Sell Price: 20,000 Gold
- Sells To: Gold Hoarders, The Servant of the Flame, Sovereigns
- Availability: High Seas only
Introduced in Season Nine, the Chest of Fortune is a guaranteed drop from the Fort of Fortune world event (or whatever the seasonal variant is). These forts are heavily fortified, multi-wave PvE challenges that draw attention server-wide. If you want one of these Sea of Thieves most valuable chests, expect a tough fight, possibly against other crews too.
At 20,000 gold base value, it’s one of the top-paying chests in the game. But its real strength comes when turned in at higher Emissary Grades, especially Grade V. When flying a Gold Hoarders flag, the payout jumps to a massive 50,000 gold and 125,000 Emissary Value—a huge boost to both your wallet and your rep.
Unlike the Box of Wondrous Secrets, the Chest of Fortune also has commendation progress attached. Repeated turn-ins unlock cosmetics and titles, making it more than just a gold grab. This makes it especially popular among endgame players grinding prestige rewards. BLOG20
If it’s on the map, it’s worth fighting for. Just make sure your crew is prepared—and your cannon aim is sharp.
Conclusion
Sea of Thieves rewards players who know their loot. Some treasures are rare trophies, others are raw gold machines. Knowing what to keep, what to chase, and what to sell first can turn a simple voyage into a massive payday.
Sail with purpose. Stack the right loot. Cash out smart. That’s how legends get made.
F.A.Q.
What is the most valuable chest in Sea of Thieves?
Box of Wondrous Secrets. It sells for 25,000 gold and has the highest single-item base value in the game.
What is the most profitable loot in Sea of Thieves?
Chest of Fortune with a Grade V Gold Hoarders Emissary flag. You’ll get 50,000 gold and 125,000 Emissary Value for one chest.
What's the best loot to sell for lots of gold?
- Box of Wondrous Secrets – 25,000g
- Chest of Fortune – 20,000g base, 50,000g with Emissary
- Ashen Chest of Legends – up to 16,500g
- Reaper’s Bounty – 10,000g
- Ashen Winds Skull – 10,000g
What is the rarest loot in Sea of Thieves?
The Box of Wondrous Secrets. It has no guaranteed spawn and only appears in very specific zones in the Devil’s Roar with an extremely low drop rate.