I have a stolen silver ring. Does it affect people's reaction to me if I am wearing it?
2 Answers
No. But if you commit a crime and the guards catch you, they will keep all your stolen goods.
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I found that if you got to the grey quarter in Windhelf, the shop there will take them off you– user48053Commented May 5, 2013 at 14:12
No, they won't. But watch what you take; if you take highly valuable items or many moderately valuable items then you may find yourself being attacked by hired mercenaries with a contract to kill you. You will find the reason the mercenaries were hired and the name of who hired them in the letter. Also, getting caught doing any crime will result in the items you have stolen being taken back.