In a word yes. Tolkien described items with magical properties as made by something called lore. The palantiri, the phial of Galadriel, and even the Silmarils are all examples of items made by lore.
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Yet the lies that Melkor, the mighty and accursed, Morgoth Bauglir, the Power of Terror and of Hate, sowed in the hearts of Elves and Men are a seed that does not die and cannot be destroyed; and ever and anon it sprouts anew, and will bear dark fruit even unto the latest days.
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