Quote:
There he took up again his great Ring in Barad-dűr, and dwelt there, dark and silent...
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I believe here 'Ring' refers to the Barad-dűr and surrounding complex, just as the term 'Ring of Isengard' is used. Also, the quote says 'great Ring' and not 'Great Ring', which is how it would be if it was speaking of the One.