After using the key to unlock the chest, the player receives a message in the chatbox saying: "Your bronze key breaks in the lock." and the key disappears from the inventory.
Please note: All of the H.A.M. keys (bronze, iron, steel and silver) can be obtained at the lowest level of the H.A.M. Hideout by pickpocketing the H.A.M. Guards. Rewards from the chests include: coins (small amount), 1-5 pieces of random jewellery (ranging from sapphire to diamond), and/or cut gems (also ranging from sapphire to diamond.)