I'm sure nothing like this will ever be added, and that's fine by me. But I figured I'd get the idea out there.
In a world of unkempt and unsophisticated pirates, the Sovereigns stand alone in their regal clothing, surrounded by the fine arts and refusing to deal with those pesky non-captains. Even the Pirate Lord himself runs a grog house filled with crude sailors and nasty alcohol. But what if they weren't alone? Hence, the Royals.
Recently, a prince from the "real" world paid his way on board a pirate ship destined for the Sea of Thieves. He expected grand riches and adventure, but was met with a world too harsh to bear. Unable to leave through the shroud, he grit his teeth and began the search for those who shared his love of fortune and fame, and a certain degree of sophistication. However, nearly everyone he met was unlike him. The Gold Hoarders loved money, but cared little for fame. The Sovereigns, although sophisticated, cared not for money. Eventually, he found 6 other like-minded pirates strewn about the seas and formed a new company, the Royals.
The Royals care little for your lesser-valued loot. The representative at any outpost will only accept items with a base minimum sell value of 2.5k gold or more, turning their nose up at anything else. This does not include accomplished logbooks or emissary flags, in order to keep the reapers viable gameplay-wise. Additionally, only items with this 2.5k value will level up the emissary flag of the Royals.
The Royals have 100 levels to grind, providing rewards such as magnificent jeweled clothing, regal purple ship cosmetics, and a few titles. They would also have their own emissary ledger rewards, which include titles such as "Esteemed Bringer of Fortune" or "Master Noble of Sailors"
I think a company that accepts anything, as long as it's expensive enough, is a pretty good idea.