grammaboodawg
Immortal
Here are a couple of Book Spoilers that sum up the Bagginsesessss' Quests... for a moment of Tolkien-zen.
...Trying to find his way out, Bilbo went on down to the roots of the mountains, until he could go no further. At the bottom of the tunnel lay a cold lake far from the light, and on an island of rock in the water lived Gollum.... ...He possessed a secret treasure that had come to him long ages ago, when he lived still in the light: a ring of gold that made its wearer invisible. It was the one thing he loved, his 'precious', and he talked to it, even when it was not with him... ....For he kept it hidden safe in a hole on his island, except when he was hunting or spying on the orcs of the mines....
......[After escaping and reuniting with his companions, Bilbo's] account was that Gollum had promised to give him a present, if he won the game; but when Gollum went to fetch it from his island he found the treasure was gone: a magic ring, which had been given to him long ago on his birthday. Bilbo guessed that this was the very ring that he had found, and as he had won the game, it was already his by right. But being in a tight place, he said nothing about it, and made Gollum show him the way out, as a reward instead of a present. This account Bilbo set down in his memoirs...."
AND
...For Frodo the Halfling, it is said, at the bidding of Mithrandir took on himself the burden, and alone with his servant he passed through peril and darkness and came at last in Sauron's despite even to Mount Doom; and there into the Fire where it was wrought he cast the Great Ring of Power, and so at last it was unmade and its evil consumed."
From Of the Finding of the Ring: The Fellowship of the Ring: Prologue
..."As is told in The Hobbit, there came one day to Bilbo's door and the great Wizard, Gandalf the Grey, and thirteen dwarves with him... ...Thorin Oakenshield, descendant of kings, and his twelve companions in exile. With them he set out, to his own lasting astonishment, on a morning of April... ...on a quest of great treasure, the dwarf-hoards of the Kings under the Mountain, beneath Erebor in Dale, far off in the East. The quest was successful, and the Dragon that guarded the hoard was destroyed. Yet, though before all was won the Battle of Five Armies was fought, and Thorin was slain, and many deeds of renown were done, the matter would scarcely have concerned later history... ...but for an 'accident' by the way. The party was assailed by Orcs in a high pass of the Misty Mountains as they went towards Wilderland; and so it happened that Bilbo was lost for a while in the black orc-mines deep under the mountains, and there, as he groped in vain in the dark, he put his hand on a ring, lying on the floor of a tunnel. He put it in his pocket. It seemed then like mere luck. ...Trying to find his way out, Bilbo went on down to the roots of the mountains, until he could go no further. At the bottom of the tunnel lay a cold lake far from the light, and on an island of rock in the water lived Gollum.... ...He possessed a secret treasure that had come to him long ages ago, when he lived still in the light: a ring of gold that made its wearer invisible. It was the one thing he loved, his 'precious', and he talked to it, even when it was not with him... ....For he kept it hidden safe in a hole on his island, except when he was hunting or spying on the orcs of the mines....
......[After escaping and reuniting with his companions, Bilbo's] account was that Gollum had promised to give him a present, if he won the game; but when Gollum went to fetch it from his island he found the treasure was gone: a magic ring, which had been given to him long ago on his birthday. Bilbo guessed that this was the very ring that he had found, and as he had won the game, it was already his by right. But being in a tight place, he said nothing about it, and made Gollum show him the way out, as a reward instead of a present. This account Bilbo set down in his memoirs...."
AND
From The Silmarillion: Of the Rings of Power and the Third Age
..."...For, as many songs have since sung, it was the Periannath, the Little People, dwellers in hillsides and meadows, that brought them deliverance. ...For Frodo the Halfling, it is said, at the bidding of Mithrandir took on himself the burden, and alone with his servant he passed through peril and darkness and came at last in Sauron's despite even to Mount Doom; and there into the Fire where it was wrought he cast the Great Ring of Power, and so at last it was unmade and its evil consumed."