You can open the chest three times to get prizes. Hitting a right certain combination of buttons will get you different prizes:
Book and Dye: Left + Evil + first option + Evil + third option
Doll and Tattoo: Down + Good + third option + Good + first option
Three Piece Chicken Suit: Left + Evil + first option + Good + second option
It is in the Guild Cave to the right of the Cullis Gate.
To unlock the Guild chest in Fable II, you need to visit the official Xbox website or the Fable II page on Xbox Live. You can also check community forums and fan sites that provide guides and tips on accessing the Guild chest. Additionally, some gaming wikis and Fable-specific websites may offer detailed instructions on how to unlock it.
go to the heros guild cave thing and look in the chest and it will tell you a website to go to
there are no gold chest their called wooden cheststhey have a bit of gold and somtimes, you can get other stuff
The chest in guild cave 1 go to www.fable2.com 2 do the hero's tale 3 at the end pick the RIGHT crown 4 enter your xbox live stuff 5 return to the chest on xbox live
The chest has your bonus items transferred from Fable Pub Games from Xbox Live Arcade.
50000 gold i think
2 million gold
You can only open the ancestor's chest once per character you have.
If your talking about the silver chest in Fairfax Castle that requires 50 silver keys. Their is 50,000 gold in that chest.
There is approximately 3. And that is the Hero's Guild, The one you go in with "Hammer," and the one with all of the Balverines. :)
that chest doesn't contain the LCE stuff it has stuff you can win when you play an online game at fable2.com which is actually xbox.com you have to sign into your profile on xbox.com then play the game unlock items like the 3 piece chicken suit than sign into xbox live and open the chest.