The F.A.Q.E.

[Farael]

Originally Posted by arcticstorm

[...]it is still debated wether it was an silmarillanion or a silmarillcation

Gotta love that....

Back on topic,

Q: What is the real story behind Gollum and his "precious"?
A: In spite of what Bilbo will have you believe, the precious is not really The Ring. What really happened was that, after being alone for centuries, Bilbo was the first non-orkish or edible living form to stumble upon Gollum, who fell in love at the sight of Bilbo's hairy feet. After having a challenging riddle contest, Gollum kneeled and asked Bilbo to marry him, offering him a gold ring. Bilbo took the Ring but didn't take Gollum's hand. Gollum ran after him, still madly in love while muttering that "his precious" was escaping. Later on, when Gollum helps Frodo, it's only because he was trying to revindicate himself on Bilbo's eyes. Still, Bilbo was very embarassed as Gollum was outright ugly and made up this whole story about The One Ring, along with his accomplice "Gandalf" who was a magician that worked entretaining young hobbits for a living.