"So, Loki," she said, "thou seest me again. And Odin who sent thee to this cave will see me again. Lo, Loki! I go to Odin to be thy messenger and to tell him that thou comest with Andvari's hoard."
And speaking so, and smiling into his face, Gulveig went out of the cave with swift and light steps. Loki drew the ends of the Magic Net together and gathering all the treasures in its meshes he, too, went out.
Odin, the Eldest of the Gods, stood leaning on his spear and looking at the skin of the otter that was spread out before him. One came into the dwelling swiftly. Odin looked and saw that she who had come in on such swift, glad feet was Gulveig who, once with her two companions, had troubled the happiness of the Gods. Odin raised his spear to cast it at her.
"Lay thy spear down, Odin," she said. "I dwelt for long in the Dwarf's cave. But thy word unloosed me, and the curse said over Andvari's ring has sent me here. Lay thy spear down, and look on me, O Eldest of the Gods.
"Thou didst cast me out of Asgard, but thy word has brought me to come back to thee. And if ye two, Odin and Loki, have bought yourselves free with gold and may enter Asgard, surely I, Gulveig, am free to enter Asgard also."
Odin lowered his spear, sighing deeply. "Surely it is so, Gulveig," he said. "I may not forbid thee to enter Asgard. Would I had thought of giving the man Kvasir's Mead or Mimir's well water rather than this gold as a recompense."
As they spoke Loki came into Hreidmar's dwelling. He laid on the floor the Magic Net. Old Hreidmar with his sharp eyes, and huge Fafnir, and lean and hungry-looking Regin came in to gaze on the gold and gems that shone through the meshes. They began to push each other away from gazing at the gold. Then Hreidmar cried out, "No one may be here but these two kings and I while we measure out the gold and gems and see whether the recompense be sufficient. Go without, go without, sons of mine."
Then Fafnir and Regin were forced to go out of the dwelling. They went out slowly, and Gulveig went with them, whispering to both.
With shaking hands old Hreidmar spread out the skin that once covered his son. He drew out the ears and the tail and the paws so that every single hair could be shown. For long he was on his hands and knees, his sharp eyes searching, searching over every line of the skin. And still on his knees he said, "Begin now, O kings, and cover with a gem or a piece of gold every hair on the skin that was my son's."
Odin stood leaning on his spear, watching the gold and gems being paid out. Loki took the gold—the ingots, and the lumps and the circlets; he took the gems—the rubies, and the emeralds and the sapphires, and he began to place them over each hair. Soon the middle of the skin was all covered. Then he put the gems and the gold over the paws and the tail. Soon the otter-skin was so glittering that one would think it could light up the world. And still Loki went on finding a place where a gem or a piece of gold might be put.