Main files
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This version reflects the color scheme of the sword in Oblivion as closely as possible, giving it a white-gold finish.
Optional files
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This version has a much brighter polished gold color scheme, which should match the gold of Elven weapons and armor.
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This version uses the original glass weapon metal textures (moonstone, I guess?) making it roughly the same color scheme as the Skyrim version of Chillrend.