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Umbra is the commonly cited answer if “most expensive” means an item’s listed base value: a secondary guide reports it at about 20,000 septims in mostly vanilla versions of The Elder Scrolls IV: Oblivion. That makes Umbra a strong candidate, not a confirmed record across every item, edition, and mod setup.
Why Umbra is the commonly cited answer
PositionsEverywhere reports Umbra’s base value at about 20,000 septims. The figure is a secondary guide’s estimate, not an official Bethesda statistic or a ranking verified against a complete database of the game’s items. It is best read as a useful answer for mostly vanilla play, rather than a universal record.
The distinction matters because “most expensive” can refer to an item’s listed value or the amount a character can actually get by selling it. The Umbra figure refers to base value, not guaranteed sale proceeds. PositionsEverywhere’s Oblivion item-value guide
Why the listed value may not be what you receive
A displayed base value does not guarantee that a merchant will pay that amount. The sale price depends on merchant and barter mechanics, as discussed in GameSpot’s Oblivion walkthrough. Treat Umbra’s roughly 20,000-septim figure as a comparison point, not a promise of a matching payout.
#1 Best Overall
- Live another life in another world, create and play any character you can imagine
- An all-new combat and magic system brings first person role-playing to a new level of intensity
- Groundbreaking AI system gives characters full 24/7 schedules
- New lands to explore in the Shivering Isles expansion
- Challenging new foes, hideous insects, Flesh Atronachs, skeletal Shambles, amphibeous Grummites and more
Fencing items is a separate route
Players who want to sell through a fence must first join the Thieves Guild, according to Bethesda Support. This is a separate selling path; it does not change the distinction between an item’s base value and the money received.
Does the answer change in Remastered or with mods?
Bethesda documents multiple editions of Oblivion Remastered, including an upgrade path from the digital base game to Deluxe, but its edition information does not give item values or confirm whether the item ranking changed. Bethesda’s Remastered editions information
The available evidence does not establish a complete ranking across all weapons, armor, jewelry, leveled rewards, editions, or mod configurations. Mods and game variants may affect what appears in a player’s game, so Umbra should not be described as the definitive highest-value item in every setup.
Quick Recap
Best Value
Rank #4
- Includes Shivering Isles and Knights of the Nine expansions
Rank #3
- The Elder Scrolls IV: Oblivion Remastered brings the game of the year 2006 up to date with all-new stunning graphics and enhanced gameplay.
- Explore the vast landscape of Cyrodiil like never before in one of the greatest RPGs of all time from award-winning Bethesda Game Studios, preventing the powers from the realm of forgetting from conquering the land.
- The Elder Scrolls IV: Oblivion Remastered - Physical Deluxe Edition includes the main game, unique digital Akatosh and Mehrunes Dagon armor, weapons and horse armor sets, Shivering Isles and Knights of the Nine story expansions, access to the digital artbook and soundtrack app, plus additional content to download. en: Fighter's Stronghold, Spell Tomes, Vile Lair, Mehrune's Razor, The Thieves Den, Wizard's Tower, Orrery and Horse Armor Pack.
- Travels through the magnificent world of Tamriel and struggles on the plains of the realm of oblivion. The hand-crafted details have been meticulously recreated so that your exploration becomes an unforgettable experience.
- Create your own way from the noble warrior to the sinister assassin to the wrinkled wizard or funny blacksmith and play in your way.
How to interpret the answer
- For listed base value in mostly vanilla play: Umbra is the commonly cited candidate, reported at about 20,000 septims by a secondary guide.
- For the amount you can sell an item for: do not assume its base value is the merchant’s offer; selling mechanics affect proceeds.
- For a universal record across editions and mods: the available item data does not support a definitive winner.
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.




