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My question was anyway not about whether Sauron made the Rings, but whether the Three would have the same effects as say, the Nine had, because Sauron never touched them.
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Sorry for the miscommunication.
As I said in the first post, the major difference between the three and the others is that the three do not confer invisibility.
From Letter 131
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The Elves of Eregion made Three Supremely beautiful and powerful rings, almost solely of their own imagination, and directed to the preservation of beauty: they did not confer invisibility.
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