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I found a Golden Chest in Sanctuary. It says it costs one Golden Key to open it.

Should I open this chest? What's in it?

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Made this because it's a terribly common problem that people waste their golden keys. It's a usability disaster. –  Ben Brocka Sep 20 '12 at 12:36
    
If you follow this link it is the first thing they tell you. But they also tell you how to break the game. I saw it and doing it. Got to wait for a patch. :) –  ヴァイシャリ Sep 20 '12 at 16:53

2 Answers 2

up vote 18 down vote accepted

This chest holds extremely good loot for your level. If you haven't opened the chest yet, wait to open the chest for as long as possible. If you open the chest at max level you'll get great purple or magenta (e-tech) rarity weapons. If you open it too early, you'll have a very good weapon for maybe 5-10 levels, and then it will be useless.

When playing co op with friends new to the game, make sure to warn them of the chest. It's an extremely common problem that people open the chest with no idea that it's special. It does finally have a warning that it will consume your keys when you try and open it now though.

You get the keys by activating your preorder bonus or by entering Shift Codes from GearboxSoftware and Randy Pitchford (President of Gearbox) on Twitter. The promotional ECHOcasts account also posts them less often than the other two. They occasionally tweet Shift Codes which can be entered in game to get keys. They release a couple a week or so. Note that Randy and Gearbox don't post the same shift codes (though the occasionally retweet eachother) so you should follow all 3 accounts if you want all of them. Be quick, shift codes expire either based on time or by how many people redeem them.

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You also get a key by linking your Steam and Gearbox Shift accounts, as per this answer to another question –  Nigralbus Sep 20 '12 at 12:46
    
Linking your Gearbox Shift account and Xbox gamer tag gets you a golden key, as well. –  Adeese Sep 20 '12 at 21:36

I've opened the golden chest at least a hundred times (hacked key numbers to experiment), and every single item from it has been either purple or e-tech (red-purple).

No legendaries, ever.

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