The Arkenstone Dispute

The discovery and use of the Arkenstone as a bargaining chip creates conflict between Bilbo and Thorin, highlighting the tension between greed and diplomacy.

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Bilbo Finds the Arkenstone

The Heart of the Mountain The Discovery While exploring the treasure hoard, Bilbo finds the Arkenstone, a magnificent gem. He is captivated by its beauty and takes it, feeling it is the proper share he deserves. The Secret Bilbo keeps the Arkenstone hidden, even from the dwarves. He knows Thorin values it above all else, but he also senses it could be used for peace. The Moral Conflict Bilbo struggles with his decision. He is loyal to the dwarves, but he sees the siege coming and wants to prevent war.

Bilbo Gives the Arkenstone to Bard

The Secret Mission Sneaking Out Bilbo sneaks out of the Mountain and crosses to the camp of men and elves. He presents the Arkenstone to Bard and the Elvenking, offering it as a bargaining chip. The Betrayal Bilbo's act is seen as a betrayal by Thorin. He gives the stone to the enemy, hoping to exchange it for a share of the treasure and peace. The Diplomacy Bard uses the Arkenstone to force Thorin to negotiate. The stone becomes the center of the dispute.

Thorin's Rage

The Confrontation Thorin's Fury When Thorin sees the Arkenstone in Bard's hands, he is enraged. He denounces Bilbo as a traitor and threatens to throw him from the wall. The Break Thorin is deeply hurt by Bilbo's act. The friendship is shattered. He refuses to negotiate further, even as the goblins approach. The Resolution Thorin's anger is ultimately overshadowed by the greater threat of the goblins. But the Arkenstone dispute remains a central conflict.

Thorin's Reconciliation

The Final Peace Thorin's Apology Dying, Thorin forgives Bilbo. He acknowledges that Bilbo was right and that his own greed was a mistake. He values Bilbo's friendship over gold. The Arkenstone's Fate Bard lays the Arkenstone on Thorin's breast. It is buried with the king. The stone is no longer a point of contention. The Lesson The Arkenstone dispute teaches the dangers of avarice. Bilbo's selfless act is vindicated. The stone becomes a symbol of sacrifice.

Inside the Mountain, after Smaug leaves

During the siege, at night

The next morning, at the parley

After the Battle, at Thorin's deathbed