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Updated: May 31, 2025
"Now, indeed," cried Mimer, "I no longer fear to meet that upstart, Amilias. If his war coat can withstand the stroke of such a sword as Balmung, then I shall not be ashamed to be his underling. But, if this good blade is what it seems to be, it will not fail me; and I, Mimer the Old, shall still be called the wisest and greatest of smiths."
It was his own Balmung, that had been lost so long. Forthwith he began the task of dividing the treasure; and the two brothers, so faint from hunger and want of sleep that they could scarcely lift their heads, watched him with anxious, greedy eyes. First he placed a piece of gold by Niblung's side, and then a piece of like value he gave to Schilbung.
He should have the good sword Balmung as reward, they cried. Siegfried dismounted, well pleased to do these ugly little men a kindness. But alas! ere long the dwarfs began to mock at the hero with their harsh voices, and to wag their horrid little heads at him, while they screamed in a fury that he was not dividing the treasure as they wished.
Now Ludeger had seen how Siegfried swung his good sword Balmung, and how he cleft in twain the helmet of many of the toughest warriors in the Saxon army, and his heart was filled with rage. He knew also that his brother Ludegast had been taken captive by this same bold Prince.
Siegfried's hand slew them soon in wrath, and seven hundred warriors from the Nibelung land he vanquished with the good sword Balmung. Because of the great fear that, many a young warrior had of the sword and of the valiant man, they made the land and its castles subject to his hand. Likewise both the mighty kings he slew, but soon he himself was sorely pressed by Alberich.
Nor did Siegfried forget to take with him his Cloak of Darkness and his good sword Balmung. Now none was there on the ship save King Gunther, Siegfried, Hagen, and Dankwart, but Siegfried with his Cloak of Darkness had the strength of twelve men as well as his own strong right hand. Merrily sailed the little ship, steered by Sir Siegfried himself.
But Siegfried brandished his good sword Balmung, and with his own strong right hand slaughtered the thirty warriors, all save one. Him the Prince spared that he might carry the dire tidings of the capture of King Ludegast to the army on the plain. Then Siegfried, left alone with his royal prisoner, lifted him on to his own charger, and brought him to Hagen.
Siegfried sat upon his noble horse Greyfell, and his trusty sword Balmung hung at his side.
He was so afraid Siegfried would claim some of the treasure that he secretly drew Balmung from out the serpent's body, and made ready to thrust it into Siegfried. But at that very moment his foot slipped in the monster's blood, and he fell upon the sword and was instantly killed. Siegfried was filled with horror when he saw what had happened.
He crouched low down in his hiding-place, and the bare blade of the trusty Balmung glittered in the morning light. On came the hastening feet and the flapping wings: the red gleam from the monster's flaming nostrils lighted up the trench where Siegfried lay. He heard a roaring and a rushing like the sound of a whirlwind in the forest; then a black, inky mass rolled above him, and all was dark.
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