When the Nazgûl lose their bodily form, what happens to their rings?

[Morthoron]

Originally Posted by Galin

I would say they were with the Nine Wraiths until Sauron took them back in the Third Age.

'One Ring to rule them all, One ring to find them...'

Odd, isn't it, that Sauron can demand the Nine Rings back without the Ruling Ring? Seriously, it is a flaw in the plot. If Sauron has the ability to control the Nazgul without the aid of the Ring, then the Ring is unnecessary, isn't it? The Rings of the Elves proved more beneficial to the Free People than the One Ring to its master. If it weren't for mistakes by Sauron and his allies, the Dark Lord would have won the war without the Ring. Had it not been found, he certainly would have won a war of attrition.

I hate to sound heretical, but there is a disconnect there.