» Fri Jun 01, 2012 3:46 pm
If you read the book, "Lost Legends", it will activate the quest to find the pieces, so you don't have to stumble upon the first piece as the original poster would suggest. There is a copy at the Blue Palace in Solitude so you can start the quest very early, especially if you take a carriage from Whiterun to Solitude.
The amulet is decent if it's rushed very early in the game. It's far from what I expected it to be, but that's understandable considering the amount of time the amulet has been hidden.
Based on the information in Lost Legends, the amulet was hidden sometime in early First Era; roughly 3700-4200 years before the opening events in Skyrim depending on the definition of early. In comparison, Keening, which also lost much of it's power between Morrowind and Skyrim, has only been missing for 774 years based on the end of the Morrowind timeline and beginning of Skyrim.
Assuming magic decomposes and a flat rate each year, I did some math to make an estimate on what the amulet's stats might have been by comparing bonuses. Keening went from 150 points of bonuses to 30 over a 774 year period; roughly a 0.155 loss per year. Using that number, the amulet provided anywhere between 221 to 247 health, mana, and stamina in it's original state.
Keening's mortal wound has also gone from instant death to a five health loss, so it's not a stretch that the amulet has lost additional abilities as well.