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How to Make Money in Skyrim

Navigating the vast world of Skyrim can be challenging, especially when you're short on gold. Fortunately, there are numerous ways to accumulate wealth, allowing you to purchase better gear, homes, and training. This guide unveils some of the most effective strategies to make money in Skyrim, without resorting to glitches or exploits.

Mining for Profit

Mining is a reliable and accessible way to earn money in Skyrim, regardless of your skill level. Blacksmiths across the land will buy ore from you.

Locating Mines

Mines are scattered throughout Skyrim. A good starting point is usually the Embershard Mine, often encountered early in the game along the road between Helgen and Riverwood, and contains several iron ore deposits.

Turning Ore into Gold

  • Smelting: Convert raw ore into ingots at a smelter, typically found near forges.

  • Crafting: Use the ingots to forge weapons, armor, or jewelry at a forge.

  • Selling: Sell the raw ore, ingots, or crafted items to blacksmiths and general goods merchants.

Dragon Hunting

As the Dragonborn, dragons are both a threat and a source of potential riches. After completing the "Dragon Rising" quest, random dragon encounters will occur across the landscape, in addition to specific Dragon Lairs. Slaying these beasts yields valuable loot, including:

  • Gold: Dragons often carry significant amounts of gold.

  • Dragon Scales and Bones: These are valuable ingredients and crafting components that merchants will readily purchase.

  • Enchanted Items: Dragons often hoard powerful enchanted weapons and armor.

Delving into Dungeons

Skyrim is filled with diverse dungeons, ranging from ancient ruins to bandit-infested caves. Raiding these locations is not only an adventure but also a lucrative endeavor. Here’s what to look for:

  • Gold: Search urns, chests, and the bodies of fallen enemies.

  • Armor and Weapons: Valuable items that can be sold or used.

  • Gems: Amethysts, rubies, emeralds, and other gems are commonly found.

  • Soul Gems: Can be sold as-is or used for enchanting.

  • Enchanted Items: Either sell them or disenchant them to learn new enchantments.

Types of Dungeons

  • Caves: Often contain bandits or creatures and their loot.

  • Dwarven Ruins: Filled with valuable metals and Dwemer artifacts.

  • Nordic Tombs: Home to Draugr and ancient treasures.

Becoming Thane

One way to earn respect and rewards is by becoming a Thane in the holds of Skyrim. Each hold requires you to complete quests for the Jarl and assist its citizens.

The Path to Thane

  1. Complete quests or objectives given by the Jarl.

  2. Assist a certain number of citizens within the hold.

Benefits of Thaneship

  • The opportunity to purchase property in the hold.

  • The assignment of a personal housecarl (bodyguard).

  • Influence with the guards, potentially allowing minor crimes to be overlooked.

Joining the Thieves Guild

For those with a penchant for stealth and subterfuge, joining the Thieves Guild offers abundant opportunities for wealth. Based in Riften, the guild provides access to a series of quests and contacts.

Guild Perks

  • Access to Fences, who buy stolen goods and carry a large amount of gold.

  • Radiant quests from Delvin and Vex, offering varied rewards.

  • Free gold and lockpicks scattered throughout the headquarters.

Hunting Wildlife

Skyrim's wilderness is teeming with animals, providing another steady income source.

Hunting Basics

  • Equip a bow and arrows, obtainable from merchants or looted from enemies.

  • Hunt animals like deer, bears, goats, and horkers.

  • Harvest pelts, meat, and tusks.

  • Sell harvested goods to merchants.

Crafting Opportunities

  • Use tanning racks to convert pelts into leather.

  • Combine leather with iron ore to craft iron daggers, a cheap and easy item to sell.

The Art of Smithing

Smithing allows you to craft weapons and armor from raw materials, increasing their value.

Gathering Materials

  • Mine ores for metal ingots.

  • Hunt animals for leather.

  • Collect gems found in dungeons and mines.

Crafting and Selling

  • Use forges to craft weapons, armor, and jewelry.

  • Sell these crafted items for a significant profit.

Enchanting Items

Enchanting is a powerful skill that significantly increases the value of weapons and armor. Depending on the enchantment and your skill level, you can raise the value of items by hundreds of gold.

Enchanting Requirements

  • Items to enchant.

  • Filled soul gems.

  • Knowledge of enchantments, learned by disenchanting enchanted items or through training.

Seeking Work at Inns

Inns across Skyrim are more than just places to rest; they can be sources of quests and bounties.

The Innkeeper's Leads

  • Speak to innkeepers and ask, "I'm looking for work. Got any leads?"

  • Accept bounty missions to kill bandits or dragons.

  • Collect your reward upon completion.

Joining the College of Winterhold

The College of Winterhold provides access to magical wares and a questline that can be quite rewarding.

College Benefits

  • Access to eight main quests and numerous side quests.

  • Rewards in the form of items and gold.

  • Opportunities to acquire soul gems, potions, and alchemical ingredients.

Alchemy: Brewing Potions

Gathering ingredients is an easy, no-skill-required method of making money. Wildflowers and ingredients can be found everywhere in Skyrim.

Potion Creation

  • Collect ingredients like blue mountain flowers, Nirnroot, and Dragon's Tongue.

  • Combine ingredients at an alchemy table to create potions.

  • Sell your potions for profit.

Woodcutting

Woodcutting is a simple, if somewhat tedious, way to earn money early in the game.

Getting Started

  • Locate a wood axe near a sawmill.

  • Chop firewood and sell the logs to earn gold.

Searching Barrels

Barrels are found everywhere and often contain useful items you can sell. While not a huge source of income, it adds up over time, especially early in the game.

Barrel Locations

  • Streets, near market stalls, within inns.

  • Caves, Nordic tombs, and other locations.

Completing Quests from NPCs

Exploring Skyrim and talking to NPCs can lead to unexpected quests and rewards. Visiting farms, towns, and settlements can also provide new quests and opportunities for profit.

Selling Crops

Farming is easy money. You can sell wheat, cabbage, gourds, and potatoes to farmers. These can be found from picking them off a farmer’s property, random loot, or thievery.

Completing the Main Questline

The main questline does not always directly reward you, but it takes you to new locations with gold and valuable items to sell. Completing the main questline opens up the game to new opportunities and challenges.

With these strategies, you'll be well-equipped to amass a fortune in Skyrim. Whether you prefer the thrill of dungeon raiding, the satisfaction of crafting, or the intrigue of the Thieves Guild, there's a path to riches for every player. Now get out there and start earning those gold coins!

Ready to dive deeper into the world of Skyrim? Explore the Elder Scrolls Online and uncover even more adventures. Learn more about Elder Scrolls Online to embark on your next adventure!

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