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Is there any evidence that before reading Isildur’s scroll, Gandalf knew that the One Ring could change size?
It fit Gollum and Bilbo’ little fingers - but it was really forged for the much larger hand of Sauron. We know it slipped from Isildur’s, but before his investigation in Minas Tirith - might Gandalf have felt it fitted loosely on him - being a partial reason for its loss?
Putting oneself in Gandalf’s position, early on - size-wise Bilbo’s ring might not have been thought to be a good physical match to the One Ring. This might be a reasonable source of doubt - though, I don’t recall Tolkien mentioning or hinting at it.
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