Of this remarkable sword it is said that it was "rich in victory," that it hailed from the past, that "it was a good and excellent work of a smith," and that the golden hilt was the work of the "wonder-smith." On the blade was risted (engraved) "that ancient war" when "the billows of the raging sea washed over the race of giants," and on a plate made of the purest gold was written in runes "the name of him for whom this weapon was first made." The Christian poet found it most convenient for his purpose not to name this name for his readers or hearers. But all that is here stated is applicable to the mythological sword of victory. "The Wonder-smith" in the Old English tale is Volund (Weland). The coat of mail borne by Beowulf is "Welandes geweorc." "Deor the Scald's Complaint" sings of Weland, and King Alfred in his translation of Boethius speaks of "the wise Weland, the goldsmith, who, in ancient times, was the most celebrated." That the Weland sword was "the work of a giant" corresponds with the Volund myth (see below); and as we here learn that the blade was engraved with pictures representing the destructions of the ancient giant-artists in the waves of the sea (the blood of the primeval giant Ymer), then this illustrates a passage in Skirnersmal where it is likewise stated that the sword was risted with images and "that it fights of itself against the giant race" (Skirnersmal, 8, 23, 25; see No. 60). This expression is purposely ambiguous. One meaning is emphasised by Frey's words in Skirnersmal, that it fights of itself "if it is a wise man who owns it" (_ef sá er horscr er hefir_). The other meaning of the expression appears from the Beowulf poem. The sword itself fights against the giant race in the sense that the "wonder-smith" (Weland), by the aid of pictures on the blade of the sword itself, represented that battle which Odin and his brothers fought against the primeval giants, when the former drowned the latter in the blood of their progenitor, the giant Ymer.
Grendel is the son of the troll-woman living in the marsh, just as Hate is Angerboda's. The author identifies Grendel with Cain banished from the sight of his Creator, and makes giants, thurses, and "elves" the progeny of the banished one. Grendel's mother is a "she-wolf of the deep" and a mermaid (_merewif_). Angerboda is the mother of the wolf progeny in the Ironwood and "drives the ships into Ægir's jaws." What "Beowulf" tells about Grendel reminds us in some of the details so strongly of Völuspa's words concerning Hate that the question may be raised whether the English author did not have in mind a strophe resembling the one in Völuspa which treats of him. Völuspa's Hate _fyllisk fjörvi feigra manna_, "satiates himself with the vital force of men selected for death." Beowulf's Grendel sucks the blood of his chosen victims until life ebbs out of them. Völuspa's Hate _rydr ragna sjöt raudum dreyra_, "colours the princely abode with red blood from the wounds." Grendel steals into the royal castle and stains it with blood. The expression here reappears almost literally. Völuspa's _ragna sjöt_ and _dreyri_ correspond perfectly to "Beowulf's" _driht-sele_ and _dreor_.