It was, in a way worth it. He weakened many races because of it. He was one of the most powerful people in middle earth but after the destruction of Numenore he became even more powerfull. But unfortunatly Gil-galad became even more powerful. So, that being said, if gil-galad had been destroyed, it would have been worth it making the ring.
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Miniature Rohirrim armor: $500. Amount of fuel it took pippin to light the beacons: $20. Seeing your two favourite hobbits get wasted and drunk: priceless
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