| Chest Locations And Contents
1. Heroes’ Guild – 20 keys – The Murren Greathammer
This is almost at the very beginning of the game. You won’t be opening it then, though.
2. Greatwood Lake – 5 Keys - Elixir of Life
It’s right in the middle of the area. When you get there, you should already have the required number of keys.
3. Inside Hobbe Cave – 5 keys – Will Master’s Elixir
Enter the second door (on the left) from the Cave Entrance.
4. Darkwood Lake – 15 keys – Arken’s Crossbow
The Crossbow we find here is quite nice indeed, but it doesn’t stand a chance when compared to Skorm’s Bow (which everyone loves).
5. Grey House – 10 keys – Sharpening Augmentation
Go to the abandoned cottage & upstairs.
6. Witchwood Cave – 15 keys – Health Augumentation
It’s in the cave where you found the missing Archaeologist (quest)
7. Headman’s Cave – 15 keys – Mana Augumentation
You’ll get to this one only while performing the Mayor’s Invitation quest. It’s in the cave, when you cross blades with Thunder.
8. Bowerstone Manor– 15 keys – Katana Hiryu
You’ll have to either marry Lady Gray or expose her evil deeds and become a mayor to get in here.
9. Circle of the Dead – 10 keys – Piercing Augumentation
Easy to find, you will see it while following the Graveyard Path quest.
10. Hook Coast – 15 keys – The Murren Greataxe
At the top of the lighthouse.
11. The Necropolis – 25 keys – Archons armor
It’s near the river, it’s on the west side.
12. The Lost Bay – 30 keys – The Avenger
You would really expect a 30-key chest to contain something really good. The legendary sword Avenger, however, isn’t anything special. | 
currently playing: elder scrolls 4 oblivion and fable the lost chapters (for the umpteemph time in a row)
