Hi. There are a total of 12 silver chests in the game. You will meet 11 chests for sure, but there is one chest that can be found only with certain actions in the game related to the quest of Lady Grey - after the arena you will have a quest related to her, you will need to capture her heart, buy a house, give a black rose, dig up and return the brooch in Oakvale, and to fight with the Thunderbolt, which in the aftermath of the battle will throw us to a part of the map that is inaccessible for normal passage, where the same chest will be next to us in the cave

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The chests themselves, which are arranged in chronological order:

1. The very first chest is located right in the guild yard. Requires 20 keys and gives us Murren Greathammer[fable.fandom.com]
   
   Location: Heroes Guild
   
   
   
   
2. Moving along the plot, we will meet the easiest chest that requires only 5 keys and it will give us Elixir of Life[fable.fandom.com]. Not a class of course, but still
   
   Location: Greatwood Lake
   
   
   
   
3. During the main quest, where it is necessary to transfer merchants through the dark forest, we will meet a chest that requires 15 keys, contains Arken's Crossbow[fable.fandom.com], which is very strong and can help us open one demonic door to Nothole Glade
   
   Location: Darkwood Lake
   
   
   
   
4. Later, with the rise of the hero's fame, a quest to the hobb cave will be available to you, where you will need to return the boy. In one of the cave doors there will be a storeroom where there is a lonely chest that requires 5 keys and contains Will Master's Elixir[fable.fandom.com]
   
   Location: Hobbe Cave
   
   
   
   
5. We were sent to an island where it is humid and gloomy, where, according to the plot, we need to find an Archaeologist. In the story cave, aside, there will be a chest waiting for us, which requires 15 keys and contains Health Augmentation[fable.fandom.com]
   
   Location: Witchwood Cavern
   
   
   
   
6. After visiting the arena, Lady Grey will pay attention to you, who wants a great husband so much, then the road to the northern part of the city will be open to you, then you will learn about the dark side of the measure by questioning the prisoner. So you will get to the Gray house to unravel the case, where a chest will be waiting, which requires 10 keys and contains Sharpening Augmentation[fable.fandom.com]
   
   Location: Grey House
   
   
   
   
7. If you have not yet had time to punish Lady Grey for her bad deeds, then there is still a chance to get this chest. During the courtship quest for her, there will be a battle with the Thunderbolt, which will push us to the cliff, where there will be a chest in the cave that requires 15 keys and contains Mana Augmentation[fable.fandom.com]
   
   Location: Headsman's Cave
   
   
   
   
   
8. No matter what we do with Lady Grey, marry her (by the way, this is one of the conditions to open all the demonic doors in the game) or tell everyone what she did to her sister, then we will still get access to her former bedroom, where we can find the key in the bed, and behind is a chest that requires 15 keys and contains Katana Hiryu[fable.fandom.com]. This katana is very good for its time
   
   Location: Bowerstone North
   
   
   
   
9. We have to save our mother and go through the cemetery. At one of the locations where we have to kill some undead, aside, there will be a chest that requires 10 keys and contains Piercing Augmentation[fable.fandom.com]
   
   Location: Circle of the Dead
   
   
   
   
10. Going to the northern wastelands, or rather to the Hook Coast, we may stumble upon a chest that is located in the Lighthouse. The lighthouse can be closed, so you can break the door with a sword blow. The chest contains Murren Greataxe[fable.fandom.com] and requires 10 keys
    
    Location: Hook Coast
    
    
    
    
11. Having sent us to more distant and northern lands by ship, we go to a new land and can go up the steps, or we can turn right and go to the other end of the location, and almost at the water we are waiting for the most demanding chest that wants us to have all 30 of the 30 keys, the keys in this the game can be played, but that's another story. The chest contains The Avenger[fable.fandom.com], which does not quite meet its requirements for finding keys
    
    Location: Lost Bay
    
    
    
    
12. You will find the last chest in the Necropolis. This chest requires 25 keys and contains the entire set of Archon's Battle Armour[fable.fandom.com], which is in my opinion the best armor in the game
    
    Location: Necropolis
    
    

After all the discoveries, we will still have 30 keys. What should I do with them? In the same necropolis there is a door that requires you to give all your keys for the passage, and then it will let you through. After giving all the keys, you will get a good weapon

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