Tel Var Stones are new “currency” in ESO that can be earned within the Imperial City location only and spent for cool pieces of gear or crafting resources at special trading posts. It’s a new mechanics that makes gameplay much more interesting.
Let’s start from the lore. The lore of Elder Scrolls Online tells that these stones are small pieces of the White-Gold Tower splintered from the structure during Molag Bal's attempt to pull the tower into Coldharbour. They contain some sort of unknown arcane power and therefore are valuable. Different enchanters and mages are looking for these stones in order to use their power. But for us they are valuable because we can receive some cool stuff exchanging them at special store.

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Reasons to Collect Tel Var Stones
There are 4 major reasons to collect Tel Var Stones:
1.You can exchange them for different pieces of 6 new gear sets: Shieldbreaker, Meritorious Service, Black Rose, Phoenix Armor, Powerful Assault and Reactive Armor.

2.You can exchange them for special lockboxes of green and blue quality. These lockboxes contain random item that belongs to one of the sets listed above.

3.You can exchange the stones for VR15 and VR16 crafting materials for all professions. You can also receive Charcoal of Remorse that is required for crafting in Xivkyn style.

4.You can spend them to get a special teleporting stone called Sigil of Imperial Retreat. This item teleports you to your alliance’s home base from any place in the Imperial City. This item is magical and it takes time to cast. It can be used only once but it allows to bring your Tel Var Stones back to the safe place.

Always keep in mind that the amount of the stones you are carrying unsafe affects the multiplier! Every player has to choose if he wants to keep his multiplier high with a risk of losing all the aracne currency, or to deposit the currency and lower the multiplier. High risk = high gains.
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