The Lone Cove — Sea of Thieves Walkthrough

Finding Treasure: Treasure can be found on islands, floating in barrels or shipwrecks, within fort vaults, or taken from enemies like Skeleton Ships, Megalodons, and the Kraken. Each treasure item emits a distinct colored glint or glow.

Carrying Treasure: Treasure must be carried by hand to a Trading Company representative. While carrying treasure, a pirate cannot fight or use equipment. Dropping the treasure allows for full control. Harpoons can retrieve treasure from a distance. Smaller items can be placed in Container Chests, which hold up to 3 items and hide their glow.

Treasure Persistence: 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 grants Emissary Grade Reputation when picking up relevant treasure. Additional reputation is gained when the treasure is put on the ship. These increases are awarded only on the first claim of a treasure item.

Trading Companies: Each Trading Company values specific types of treasure. Representatives are found at every Outpost and accept treasure for Gold, Doubloons, Reputation, and Emissary Value. They also offer Voyages that lead to treasure.

Types of Treasure: Treasure items are categorized by the Trading Company they are sold to. The three main companies are the Gold Hoarders, Order of Souls, and Merchant Alliance. Within these, treasures can be Regular, Ashen, Stronghold, Skeletal, or Ghostly variants.

Gold Hoarders Treasure: This includes Treasure Chests and Artefacts.

Treasure Chests: These are locked chests sold to the Gold Hoarders. Types include Regular, Shipwrecked, Coral, Ashen (found in The Devil's Roar, worth double), Valuable, and Cursed Chests. They emit a white glint.

Artefacts: Smaller items like trinkets, containers, or ornaments made of valuable metals and gems. They emit a golden glint and are found on their own, in chests, or in fortress vaults.