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Updated: May 25, 2025
There is not gold enough to accomplish this: however cunningly Loki spreads it, the glint of Freia's hair is still visible to Giant Fafnir, and the magic helmet must go on the heap to shut it out. Even then Fafnir's brother, Fasolt, can catch a beam from her eye through a chink, and is rendered incapable thereby of forswearing her.
Then did Regin, hearing the scream that let him know that Fafnir was slain, come down to where the battle had been fought. When he saw that Sigurd was alive and unharmed he uttered a cry of fury. For his plan had been to have Sigurd drowned and burnt in the pit with the stream of Fafnir's envenomed blood. But he mastered his fury and showed a pleased countenance to Sigurd.
Thereafter came Regin to Sigurd, and said, "Hail, lord and master, a noble victory hast thou won in the slaying of Fafnir, whereas none durst heretofore abide in the path of him; and now shall this deed of fame be of renown while the world stands fast."
And Fafnir and Regin, the ransom being paid, loosed the shackles of Odin and Hoenir, and bade the three huntsmen go on their way. Odin and Hoenir at once shook off their human disguises, and, taking their own forms again, hastened with all speed back to Asgard. But Loki tarried a little while, and said to Hreidmar and his sons,
No sooner were the strange huntsmen well out of sight than Fafnir and Regin began to ask their father to divide the glittering hoard with them. "By our strength and through our advice," said they, "this great store has come into your hands. Let us place it in three equal heaps, and then let each take his share and go his way."
Fafnir said, "Well, I wot that hadst thou waxed amid thy kin, thou mightest have good skill to slay folk in thine anger; but more of a marvel is it, that thou, a bondsman taken in war, shouldst have the heart to set on me, 'for few among bondsmen have heart for the fight." Said Sigurd, "Wilt thou then cast it in my teeth that I am far away from my kin?
Then he called loudly for help: and his two sons Fafnir and Regin, sturdy and valiant kin of the dwarf-folk, rushed in, and seized upon the huntsmen, and bound them hand and foot; for the three Asas, having taken upon themselves the forms of men, had no more than human strength, and were unable to withstand them. Then Odin and his fellows bemoaned their ill fate.
"What is the slaying of Lygni and the conquest of his kingdom to the slaying of Fafnir the Dragon?" Regin cried. "I will tell thee what no one else knows of Fafnir the Dragon. He guards a hoard of gold and jewels the like of which was never seen in the world. All this hoard you can make yours by slaying him." "I do not covet riches," Sigurd said.
They had entered eleven systems, and made landings on eight planets. Three had been reasonably close to Terra-type. There had been Fafnir; conditions there would correspond to Terra during the Cretaceous Period, but any Cretaceous dinosaur would have been cute and cuddly to the things on Fafnir.
Now was Siegfried's opportunity. The bright edge of Balmung gleamed in the darkness one moment, and then it smote the heart of Fafnir as he passed. Some men say that Odin sat in the pit with Siegfried, and strengthened his arm and directed his sword, or else he could not thus have slain the Terror. But, be this as it may, the victory was soon won.
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