ToE HoF H5

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Artifacts
Name Slot Type » Cost « Source
Evercold Icicle Evercold Icicle Neck Minor 6000 H5
Enhances your cold-based spells by 50%.
Elemental Waistband Elemental Waistband Finger Minor 6400 H5
Allows Summon Elemental spell to be equipped. Increases spellpower by +4 when Summon Elemental spell is cast
Rune of Flame Rune of Flame Pocket Major 6500 HoF
Increases hero's Spellpower by +1, and grants a runic spell.
Wand Wand Weapon Major 6700 H5
Allows casting of a magic spell from this wand. The wand has a limited number of uses and can be recharged at a Magic Guild.
Amulet of Necromancy Amulet of Necromancy Neck Relic 7000 H5
Necromancy skill +10%
Ring of the Broken Will Ring of the Broken Will Finger Major 7000 H5
Decreases morale of enemy creatures by -2.
Cursed Ring Cursed Ring Finger Major 7000 H5
Decreases enemy luck by 2
Ring of the Unrepentant Ring of the Unrepentant Finger Minor 7000 H5
Immunity to Word of Light spell.
Windstrider Boots Windstrider Boots Feet Minor 7000 H5
Increases all units speed by +1
Moonblade Moonblade Shield Major 7500 H5
(Left handed) Increases hero's attack by +3
Ring of Vitality Ring of Vitality Finger Major 8000 H5
Increases maximum hit points of all creatures in hero's army by +2.
Necklace of the Bloody Claw Necklace of the Bloody Claw Neck Major 8000 H5
Adds +1 damage to all creatures in hero's army.
Ogre Club Ogre Club Weapon Major 8500 HoF
Increases Attack by +5, but decreases Initiative of all creatures in hero's army by -5%.
Ogre Shield Ogre Shield Shield Major 8500 HoF
Increases Defense by +5, but decreases Initiative of all creatures in hero's army by -5%.
Ring Of Celerity Ring Of Celerity Finger Major 8700 H5
+10% to all units' initiative during combat
Shield of Crystal Ice Shield of Crystal Ice Shield Major 9000 H5
Adds +2 to hero's defense and grants 50% protection from fire-based spells while equipped.
Dwarven Smithy Hammer Dwarven Smithy Hammer Weapon Major 9500 HoF
Increases hero's Attack by +3 and gives additional +25% Defense from fire-based spells.
Runic War Harness Runic War Harness Chest Major 10000 HoF
Increases hero's Defense and Knowledge by +2.
Bag of Endless Gold Bag of Endless Gold Shoulders Major 10000 H5
Provides +1000 gold per day to your cause.
Axe of the Mountain Lords Axe of the Mountain Lords Weapon Major 10000 H5
Adds +4 to hero's attack.
Runic War Axe Runic War Axe Weapon Major 10000 HoF
Increases hero's Attack and Spellpower by +2
Scale Mail of Enlightenment Scale Mail of Enlightenment Chest Major 10000 H5
All experience gained by hero is increased by 20%.
Dragon Talon Crown Dragon Talon Crown Head Major 11000 H5
Adds +3 to hero's knowledge and increases initiative of all war machines in hero's army by 10%
Dragon Scale Armor Dragon Scale Armor Chest Major 11000 H5
Adds +3 to hero's attack and increases initiative of all large creatures in hero's army by 5%
Boots of the Open Road Boots of the Open Road Feet Major 11000 H5
Allows hero to traverse rough terrain without any penalties.
This information comes from the Heroes V release version (v2.1).

Thanks to sfidanza for creating the Heroes 5 artifacts page!
Thanks to ThE_HyDrA for creating and looking after the Heroes 5 section of Age of Heroes!