Originally Posted by ShadowMoses 
Chest contents seems to be somewhat random.
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If it is scaled then i imagine chests with harder locks will have better loot.
I think Kairo said in some interview that it is exactly like this.
"Expensive looking" (was the expression he used) chests will
have valuable random stuff in them. Can't find a link atm.
I can't say that from his phrasing (or the crappy english translation of
the interview) I got a hint that specific loot is still on (except from quest
related ofcourse).