The Guild Master's Armor is a unique light armor cuirass made for the Guild Master of the Thieves Guild. It has a base armor rating of 38 and raises carrying capacity by 50 points. Tonilia hands over the set in the Ragged Flagon as the reward for Under New Management, after the Thieves Guild is restored.

Armor Enchantment

Carrying capacity rises by 50 points.

Every armor enchantment is listed under Enchantment Effects.

Guild Master's Armor Map Location and Quest Guide

Guild Master's Armor map location:

Tonilia hands over the Guild Master's Armor in the Ragged Flagon once the Thieves Guild is restored. It is the reward for Under New Management in the Thieves Guild questline.

Finish the main Thieves Guild questline.
Complete five small jobs in each of Whiterun, Markarth, Windhelm and Solitude.
Finish the special job Delvin Mallory offers for each city.
Attend the ceremony in the Ragged Flagon.
Take the Guild Master's Armor from Tonilia.

Map credit by Map Genie.

Gameplay Tips

Temper it at a workbench with one Leather. The Arcane Blacksmith perk is needed.
Its carry bonus of 50 beats the 20, or 35 when improved, of the regular Thieves Guild Armor.
Blackguard's Armor gives the same carry bonus with 33 armor.

Smithing Guide

Enchanted weapons require the Arcane Blacksmith Perk to upgrade.

Upgrades

Guild Master's Armor is improved at a workbench with one Leather per improvement. An enchanted copy can only be improved with the Arcane Blacksmith perk.

Quality	Smithing	Armor
Fine	14	+2
Superior	31	+6
Exquisite	65	+10
Flawless	100	+13
Epic	134	+17
Legendary	168	+20

Armor Set

Guild Master's Armor is part of the Guild Master's set.

Name	Image	Slot	Armor	Weight

Armor Categories

All Chest Armor

Light Armor

Every light armor chest piece, with its armor rating, weight, set and upgrade material.

Name	Image	Armor	Weight	Value	Set	Upgrade	Perk	DLC

Heavy Armor

Every heavy armor chest piece, with its armor rating, weight, set and upgrade material.

Name	Image	Armor	Weight	Value	Set	Upgrade	Perk	DLC