The Drunken Lizard Pub

My english is very bad but I find some hint how to find a code of chest nammed STEEL:

I think like that:
You convert letter S, T, E, E, L (STEEL) in numbers, s=19; t=20; e=5; l=12... so STEEL=19+20+5+5+12=61 ... Prize=750gold

Have I right? That I find with first Chest where I can unlock Chest (0-200) just with right nubers, named like tangletreeforest.

What you think about that?

There is only one chest with that kind of letters = numbers riddle, the one in that cave. Basically, you have it right. Any other chests like that one don't have that same kind of riddle.

Hope that answers your question.

Oh, I don't know that. So thanks anyway