I hate to always be the one to point such things out, but for me, there is definite Freudian symbolism associated with a ring of power, not in terms of the story per se (I am not suggesting that Sauron spent his free time reading up on Sigmund), but in terms of the writing in of itself. That, and for the simple, logical reasons stated above, a ring is extremely convenient.
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~The beginning is the word and the end is silence. And in between are all the stories. This is one of mine~
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