Some owners of rings made by the late Nelson silversmith Jens Hansen may unknowingly have their hands on a small goldmine.
One of the seven remaining prototypes of the One Ring designed by Hansen for the Lord of the Rings movie trilogy, is up for auction by London-based Sotheby’s with an asking price of more than $11,000.
However, Jens’s son Thorkild Hansen said auction house Sotheby’s actually estimated the value to be up to $20,000.
Mr Hansen said the ring, which was part of the Hollywood: Past and Present auction organised by Sotheby’s associate company Entertainment Rarities, was one of only seven of the original 15 sterling silver prototypes remaining.
The others could be in the hands of unsuspecting purchasers, he said.
“The other ones I think are probably in the possession of unaware customers. Dad would have put them back into the trays – a lot of them got sold or given away.”
They could have sold for as little as $200, he said.
But Mr Hansen said where those rings were would always remain a mystery because he wouldn’t be able to tell if they were the original prototypes or not.
“Dad made the rings well before he died so during the six months following, those rings would have been sitting on his bench and been works in progress or sold.”
A letter from J.R.R. Tolkien to illustrator Doris Sykes will be sold by Hermitage Fine Art Monaco for £15,000 ($25,0000).