Since I have been playing I have found pearls that have been worth a $50 gift certificate from Amazon.com, a 50 silver daubloon (both a couple of years ago), a pearl worth 5 replica daubloons, a 5 gold daubloon and several for 2 gold, 1 gold and so forth. Most of what you are going to find are .01 gold or .10 silver. I don't know if there are any valuable daubloons in the game or not rigth now. I'm not sure if there are any ship upgrades either as I havn't seen anything posted by Seacaptain. I still love looking for the pearls though it makes the game a little more interesting.
I still think that someone made a good post in the forum about sunken vessels. If their ship is sunk and they have pearls on their ship they should be lost to the pirate that sank their ship, and maybe half of their treasure chest as well. After all, we are all pirates
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