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Updated: May 13, 2025
But Sigurd said, "What will betide me if I be before the blood of the worm?" Says Regin, "Of what avail to counsel thee if thou art still afeard of everything? Little art thou like thy kin in stoutness of heart." Then Sigurd rides right over the heath; but Regin gets him gone, sore afeard.
Eat it thyself and become the wisest of men. Then another said 'There lies Regin, and means to cheat him who trusts him. Then a third said 'Let Sigurd cut off his head then, and so own all the gold himself. Then Sigurd went to Regin and slew him, and ate the heart, and rode on Gran to Fafnir's lair, and took the spoil and loaded his good steed with it, and rode away.
The birds further betrayed Regins evil intentions, and advised Sigurd to kill him. Seeing his danger, Sigurd went to where Regin was and cut off his head and ate Fafnirs heart.
Once he met a company of gayly dressed youths and maidens, carrying sheaves of golden grain, for it was now the harvest-time, and singing in praise of Frey, the giver of peace and plenty. "Whither away, young prince?" they merrily asked. "To Regin, the coal-burner, in the deep greenwood," he answered. "Then may the good Frey have thee in keeping!" they cried. "It is a long and lonesome journey."
As Siegfried started with surprise, his host held out his hand, and said, "You need not be alarmed, my boy. Siegfried was so amazed he could not say a word. He took the master's hand, and gazed long into his deep, bright eyes. Then the two sat down together, and Mimer, or Regin as we shall now call him, told the prince many tales of the days that had been, and of his bold, wise forefathers.
And so, early the next morning, Siegfried mounted Greyfell, and rode out towards the desert-land that lay beyond the forest and the barren mountain-range; and Regin, his eyes flashing with desire, and his feet never tiring, trudged by his side.
Regin, one of the last of the race of Dwarfs, was a master smith and by some said to be the teacher of Siegfried. The story is supposed to have been related to Siegfried in the dusky smithy of the dwarf. While Siegfried was still a young lad, his father sent him to live with a smith called Mimer, whose smithy was among the hills not far from the great forest.
Then said Sigurd, "The time is unborn wherein Regin shall be my bane; nay, rather one road shall both these brothers fare." And therewith he drew his sword Gram and struck off Regin's head. Then heard Sigurd the wood-peckers a-singing, even as the song says. For the first sang: "Bind thou, Sigurd, The bright red rings! Not meet it is Many things to fear.
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.
"It was my deed and yours," calmly answered Siegfried. "I have rid the world of a Terror: I have righted a grievous wrong." "You have slain my brother," said Regin; "and a murderer's ransom you shall pay!" "Take the Hoard for your ransom, and let us each wend his way," said the lad. "The Hoard is mine by rights," answered Regin still more wrathfully. "I am the master, and you are my thrall.
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