hurin made no answer to the king , but drew forth from beneath his cloak that one thing which he had taken with him out of nargothrond ; and that was no lesser treasure than the nauglamir , the necklace of the dwarves , that was made for finrod felagund long years before by the craftsmen of nogrod and belegost , most famed of all their works in the elder days , and prized by finrod while he lived above all the treasures of nargothrond .