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Bilbo takes the Arkenstone. He isn't entirely sure why he does it, but he picks it up and knew exactly what it was. He had some idea it might be of use later on.
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What stone did Bilbo take?
Bilbo took the Arkenstone. It was the treasure Thorin desired most.
What does Bilbo tell Smaug they have come for besides treasure?
He says they want revenge.
What did Bilbo do with the Arkenstone?
Bilbo found the Arkenstone in Smaug's treasure chamber.
How does Bilbo defend himself when Thorin accuses him of stealing the Arkenstone?
Bilbo claimed that under the terms of the contract he was due a proportion of the dragon's treasure, and that he had taken the Arkenstone as his share.
In 'The Hobbit' what gifts does Dain give?
Treasure from Lonely Mountain (gold and silver for Bilbo).
What stone did Bilbo take?
Bilbo took the Arkenstone. It was the treasure Thorin desired most.
When does Bilbo get the mithril armour?
When they first get to the treasure trove. Thorin gives it to Bilbo as part of his payment.
What took Bilbo's breath?
The huge hoard of treasure that Smaug owned took away Bilbo's breath. And specifically the Arkenstone.
Who has the dwarves' treasure?
In the beginning it was Smaug , then in the end of The Hobbit , Bilbo gains it
What was meant by Bilbo experiencing ''the desire of dwarves when he entered smaug's lair?
Dwarves had a bad habit of lusting after gold and treasure. Bilbo felt the desire burning in his heart when he saw the mounds of treasure in front of him.
What does Bilbo tell Smaug they have come for besides treasure?
He says they want revenge.
What did Bilbo do with the Arkenstone?
Bilbo found the Arkenstone in Smaug's treasure chamber.
What was Bilbo reaction to Thorin gift?
He was thankful towards Bilbo as he had just received the greatest treasure in that can be found in the Lonely Mountain and was now able to try make a deal with Thorin Oakensheild for a share of the treasure to rebuilt lake town.
How does Bilbo defend himself when Thorin accuses him of stealing the Arkenstone?
Bilbo claimed that under the terms of the contract he was due a proportion of the dragon's treasure, and that he had taken the Arkenstone as his share.
What did Bilbo bring back to the dwarfs?
Bilbo brought back a magical ring, several chests of treasure, and most importantly, the Arkenstone, a precious gem that was a symbol of the dwarves' alliance.
Why does Thorin give Bilbo a coat of Mithril?
Because during the unexpected party, Thorin promised Bilbo 1/14th payment of the treasure in return for Bilbo's services as a 'thief'. Though Bilbo did not do much in the way of being a thief, he did save the dwarves from Thranduil, as well as help them gain entrance into the mountain. They also wanted him on the journey because it would have been unlucky to take on their journey with 13 members. At the end of their adventures, Bilbo had obviously earned his 1/14th share, so Thorin fulfilled his promise and sent Bilbo home with a chest of treasure (though it is hinted later on in LotR that Bilbo ended up receiving more).
Why does Bilbo bring home only two small chest filled with treasure from the mountain?
He has no need for more
