The Resolution of Smaug's Treasure: Distribution and Aftermath

The aftermath of Smaug's demise in The Hobbit involved a complex distribution of wealth, with key characters vying for their share. This article delves into how Dain II Ironfoot, Bard, and the other surviving dwarves, including Bilbo Baggins, managed to divvy up the vast hoard of Smaug.

Dain's Role: King Under the Mountain

Dain II Ironfoot, heir to Erebor and consequently King Under the Mountain, played a crucial role in the distribution of the treasure. Following Thorin Oakenshield's untimely death, Dain honored the agreement between Thorin and Bard, dividing the treasure in a specific manner:

1/14th of the Gold and Silver: Dain honored the agreement with Bard, giving him 1/14th of the gold and silver. This significant portion of the treasure was described as 'the wealth of many kings.' Distribution of the Arkenstone: The two remaining Arkenstones were found by the Elven-king Thranduil and Bard. While Thranduil took the emeralds, the remaining Arkenstone was placed upon Thorin's body and laid to rest under the mountain. Generosity of the Dwarves: Dain distributed the treasure to his followers as he saw fit, with him and Bard both showing remarkable generosity. Reward to Bilbo Baggins: In a heartwarming gesture, Dain offered Bilbo his full share, but Bilbo only took two chests of gold and silver, one filled with silver and the other with gold, each sufficient for one strong pony to carry.

The Generosity of Bard

Bard, a central character in the story, did not keep his share to himself. He utilized his newfound wealth to aid the reconstruction of Lake-town and reward his followers, friends, and even the Elven-king:

Rebuilding Lake-town: Bard provided substantial financial support for the rebuilding of the Master of Lake-town's domain, ensuring its reconstruction and revitalization. Rewarding Supporters: Bard generously distributed wealth to his followers and friends, enhancing their lives and ensuring prosperity. Precious Jewels to the Elven-king: Thranduil, the Elven-king, was given the emeralds of Girion, a significant collection of jewels that were amongst his most cherished possessions.

The Treasures Left Behind

Some of the lesser-known treasures were left behind, such as the bullion from the trolls and Bilbo's inheritance:

Troll Gold: When the Company of Thorin Oakenshield encountered the troll hoard, they ingeniously placed it under a boulder, leaving it hidden until Bilbo found it again. Dain shared the gold from the trolls with Bilbo, giving him half before he left on his journey. Bilbo's Windfall: Bilbo, now one of the richest Hobbits ever, also received a chest of mithril from Bard, an incredibly valuable and rare metal.

Note: Bilbo, unknowingly, received the gold from the trolls before leaving Erebor. Dain, as the new king, saw fit to share this unmarked gold equally, including a portion for Bilbo.

Conclusion

The distribution of Smaug's treasure, with Dain as the new ruler of Erebor, marked a significant and complex chapter in the tale of The Hobbit. Bard, Thorin's companion, and Bilbo Baggins all received their share, each in accordance with their contributions and agreements made during the epic saga. This distribution of wealth not only resolved the dispute but also laid the foundation for the prosperity of the region and the continued legacy of the dwarf kingdom.