Open the chests

Still cautious, you thoroughly check the sack and the floor around it. No traps here. Then you shift your attention to the first chest. The lock area seems clear, but you notice a slight indentation in the chest lid. A poisoned needle, most likely. You carefully examine the chest's lock and latches and notice tiny holes where the needle would spring forth when the chest is opened normally. Clever, but not clever enough for someone who's seen these traps before.

Standing out of the way, you carefully open the lock with a lockpick, avoiding the needle holes. Then you open the latches equally as carefully. You hear a soft click and a snap as the needle discharges harmlessly into the air. With the trap neutralized, you open the chest.

Inside, glittering coins catch the torchlight – at least two hundred gold pieces, maybe more. Mixed among them are several gemstones – emeralds, rubies, and a larger sapphire the size of your thumbnail. There's also a small ornate box containing a ring set with a blood-red stone. You cast a spell over the loot, and the ring glows, showing that it is magical. You smile deeply.

You turn your attention to the second chest. This one appears to have no visible traps, but you've learned to trust nothing in a goblin's lair. You look close in the torchlight and see a tiny glass vial in the back of the chest that would break if the lid is opened. Probably poison gas. You manage to carefully remove the vial without breaking it.

With steady hands, you carefully open the second chest. Inside are scrolls, a wand of dark wood with runes carved into it, and several vials of mysterious liquids. These will require a trip to the sage’s in town to identify them.