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How To Make Money In Skyrim In 2023 | Full Guide

March 8, 2023 by siliconadmin Leave a Comment

how to make money fast in skyrim

An adage goes like this: ‘In games, great men discover their paradise’ That is true because aside from the fun you get while playing games, you can still make a bunch of money that can help you build something good. Although the money doesn’t come in bulk, consistent saving can go a long way to help.

For people playing Elder Scroll V: Skyrim, you can make lots of money and even gold by engaging in different activities.

So, just in case you ask if you can make money in Skyrim and if ‘YES,’ How?

This article answers that!

This article aims to give you an insight into the significant ways how to make money fast in Skyrim.

Table of contents

  • What is Skyrim?
  • How Is Skyrim Played?
  • How To Make Money In Skyrim
    • #1. Communicating with Other Players
    • #2. Going for Natural Resources.
    • #3. Get Involved In Activities
    • #4. Going to Places
    • #5. Selling Things
    • #6. Getting Married
    • #7. Paying attention to everything in sight
    • #8. Transmute Gold
    • #9. Using Alchemy
    • #10. Get Jarl’s Attention
    • #11. Stealing
    • #12. Sell Oghma Infinium
    • #13. Selling Ore
  • Summary
  • References
  • Recommendations

What is Skyrim?

Skyrim, also known as The Elder Scrolls V, is an open-world action role-playing video game developed by Bethesda Game Studios.

The game’s story revolves around the Dragonborn, known as the player’s character, on their quest to defeat Alduin, the world-eater. The game was developed using the Creation Engine.

Read Also: How to Make Money in ESO -Elder Scrolls Online | 2023 Full Guide

How Is Skyrim Played?

Single-player or multiple players can play Skyrim. The game has an open-world environment made up of towns, cities, dungeons, caves, and villages where players can roam.

As a player, you can navigate around the environment by riding horses or paying for a ride. Note, you can choose to complete or ignore the quest which relies heavily on the main storyline.

How To Make Money In Skyrim

Here are ways how you can make a bunch of money and gold in Elder Scroll V: Skyrim:

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#1. Communicating with Other Players

You can communicate with others by first joining the Dark Brotherhood. For every report to the Dark Brotherhood after a murder, you get 100-200 coins. And when you complete the dark brotherhood, you get 20,000 gold.

Another way to communicate with others is to join factions. This will involve you doing lots of quests. By so doing, you can make money.

Furthermore, you can choose to go after drunk people. An interaction with them gives you about 100 coins for a brawl.

#2. Going for Natural Resources.

Going for natural resources like hunting, chopping woods, or gathering dragon scales and bones can earn you a lot of money. By chopping and selling woods, you can make about 5-6 gold at most pubs and mills.

You can make about 10-30 coins for hunting, depending on the kind of animal you killed. And when with kill a dragon, you get about 190-390.

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#3. Get Involved In Activities

Activities you can get involved in that can earn you money on Skyrim include: doing some jobs for local people, smiting quality and flawless weapons and armors, and Killing a dragon.

Note that the amount of dragon drops depends on the type of dragon. An ancient dragon drops more gold than a blood dragon, for instance.

#4. Going to Places

Another way you can make fast money on Elder Scroll V: Skyrim is by going to places. You can go to Dungeons and explore the Winterhold Secret Chest.

This place has over 10000 gold and can be looted anytime.

#5. Selling Things

Sales are another way on how you can make money fast on Skyrim. You can sell lots with a high-value rating like ingots, clothing, weapons, potions, books, etc.

Avoid selling things you want like spell tomes, lock picks, or anything of that sort.

You will make more money in sales if you sell weapons or armor with no enchantment because they are worth a fair amount of money.

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#6. Getting Married

Getting married can also earn you money or gold. Your spouse can set up a shop where you can go and collect your share of the shop’s profits.

Every 24 hours gives you 100 gold; it’s not much, but at least you don’t have to do any work.

#7. Paying attention to everything in sight

Giving attention to everything in sight is another easy way on how you can make money on Skyrim.

You can pick up everything of value that you can, even if it’s only worth a few Septims, stop by and talk to people, sell to anybody you meet, and start a stockpile.

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#8. Transmute Gold

In this game, you can also earn iron ore from merchants or blacksmiths. After that, you can cast the transmute spell.

It can convert first any silver ore present to gold ore and then any iron ore present to silver Ore.

Alternatively, you can also smith Jewelry out of the gold ingot (preferably gold rings), which you get two of from each gold ingot.

#9. Using Alchemy

Using Alchemy is one of the best and easiest ways to make money on Elder Scroll V (Skyrim). This works: Collect Blue Mountain Flowers and Blue Butterfly Wings at level 1 from the mountain or forest areas.

Then, mix them to make a potion that sells for 80-250 gold.

#10. Get Jarl’s Attention

The Jarl is the official in charge of the local hold, controlling the local Hold Guard and regulating trade.
This is another way you can make money on Skyrim. All you have to do is make sure you are on good terms with Jarl, complete all his quests, and become the Thane.

Thane is an honorary title given by the Jarl of hold to great importance in a particular city.
The title is for one with significant deeds that have helped the Jarl and its people.

With the title, you can sell anything except Jewelry, which can only be stolen.

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#11. Stealing

Stealing is another way you can make money on Skyrim. It’s the main thing people do in the game to get money. All you have to do is wear something that makes you unseen so that you can stealthily pickpocket with more lucks.

Conversely, if you think that you can’t steal, you can hire bandits to help you do that.

Additionally, you can sell stolen items to Tonila at the thieves’ Guild.

Read Also: How To Make Money Woodworking In 2023 | A No-Nonsense Guide.

#12. Sell Oghma Infinium

Selling Oghma Infinium is one of the ways how to make quick money in Skyrim. The Oghma Infinium is a book that you receive as a reward for completing Discerning the Transmundane. Typically, it can be used only once, granting +5 skill points to all Skills under Combat, Magic, or Stealth.

You can get this to get from your shelf and read it. On the other hand, you can choose not to read it and sell it. Selling this book worth about 1001 gold, which is big money.

#13. Selling Ore

Selling Ore is one of the ways on how to make money on Skyrim. First, explore a mine with a more valuable Ore, empty your inventory into a safe chest, and equip yourself with extra stamina to fight the mine’s enemies.

Then, before you become heavy from their weight, leave the mine and travel to different merchants’ places to sell them your ores.

Summary

Going for any of the above-mentioned ways, you can make easy money while playing Skyrim.

References

  • Wikihow.com: How to make money on Elder Scroll V: Skyrim
  • Wikipedia.org: Elder Scroll V: Skyrim
  • Levelskip.com: “Skyrim”: How to Make Money/Gold Quickly

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