Old craft may be long hidden (6,4)
I believe the answer is:
golden hind
'old craft' is the definition.
(ship captained by Sir Francis Drake)
'may be long hidden' is the wordplay.
'may be' indicates an anagram.
'long'+'hidden'='longhidden'
'longhidden' anagrammed gives 'GOLDEN HIND'.
(Another definition for golden hind that I've seen is " Drake's ship".)
I've seen this clue in The Guardian.
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