After talking with Daniel Hallaway, the Innkeeper of Drop Yer Anchor and commenting that the price of his rooms is too expensive, he will offer you free board if you retrieve his strongbox from the local blacksmith.
Talk with Garret Almstead, the local half-orc blacksmith (if you show sympathy for his past life he will also give you some free gauntlets).
- Convince him to return the box free of chance with the hope of increasing his business
- Kill him (this results in some rather amusing options you can discuss with Daniel)
- Pay him for the box
- Pick pocket him and use the key to get into the box
- Lock pick the box to get the loot