Elrond bore Vilya the ring of Air.  It was surrendered to him by Gil-Galad at his death after fighting Sauron.  Elrond's father Earendil was doomed by the Valar to sail his ship in the sky bearing the last Silmaril as a star.  Earendil is the brightest and most beloved star of the elves. (Bilbo wrote a song about Earendil, it's in FOTR chapter Many Meetings) It seems fitting that Elrong should bear the ring comemmorating the remaining Silmaril and his father as well does ot not??
		 
		
		
		
		
		
		
			
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				"I'm your huckleberry....that's just my game."
			 
		
		
		
		
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