Chests

Chests are storage items that each hold up to 40 item stacks in rows of 10×4 / 5×8  / 5×4 (only 20 item stacks). Chests can be freed with any pickaxe or drill, but only when empty. It is impossible to destroy the blocks underneath a placed chest that contains items.

In addition to being craftable, a number of chests are created during world generation, and placed in random map locations. The loot contained in these chests is determined during world generation, and will not change if the world enters Hardmode.

There are 20 varieties of naturally-occurring chests (15 of which cannot be crafted) and 27 craftable ones, plus the Barrel and Trash Can, for a total of 42 chest types and 44 placed storage items overall (besides dressers and portable storage items).

There is a maximum limit of 8000 / 1000  placed storage items in each world (excluding portable storage like the Safe, Piggy Bank, Void Vault, and, as well as showcase items like the Item Frame, Weapon Rack, and Mannequin). Attempts to place additional storage items beyond the max will result in a dropped item, rather than placement.

On the versions, placed chests can be renamed (20 character max). Hovering the mouse cursor over a renamed chest will show its name. If the chest has not been renamed, no name will display. To rename a chest, first open it via. The default chest name reflects the chest type (e.g. a Living Wood Chest has the default name "Living Wood Chest"). Select "Rename" and enter a new name. Press or press "Save" when finished. Chest names can also use the same text formatting as Announcement Boxes and chat messages.

Crafting

 * All crafted chests can be sold for, except the Dynasty Chest, Steampunk Chest and Honey Chest, which all sell for.

Trapped Chests
Most chests can be crafted into, losing their storage capability in exchange of making them a mechanism.

Surface loot
Ordinary Chests that occur naturally on the Surface contain various loot that the player can take and place in their own inventory. Each chest contains a single "rare item" and an assortment of randomly chosen common items.

Note: A Chest can only contain one type of bar, and only the types of which the ore is generated naturally in the world.

Tips

 * Before opening a chest outside of a Dungeon in a Hardmode world, it would be advisable to shoot it with a ranged weapon or summon a minion, because the chest might really be a Mimic. If it is, it will take damage and start chasing the player.
 * Likewise, beware of any new chests mysteriously appearing in already explored areas.

Trivia

 * The pirates' Golden Chest and Golden Dresser, along with the, are the only storage items dropped by an enemy.
 * The is the only natural chest in the game that can be bought (aside from portable storage items).
 * Due to the mechanics of random number generators, it is possible for a world to generate without a specific loot. However, this is very rare, because there are many chests in a world, and even if treasure is not generated naturally, it can still be obtained by fishing for crates.