, Smaug ruined the dwarven kingdom, and took all the treasure and made a huge pile of it. Which he then slept on. Mr. Noer calculates this at a value of $8.6 billion, including the Arkenstone. This number of course leaves out the matter of the value of mithril items [Bilbo's coat alone worth as much as the Shire], and the value of any gems and such like mixed in with the gold and silver, but it is still an astounding total.
Thursday, April 7, 2011
Smaug's Hoard
Forbes writer Michael Noer calculates the value of Smaug's treasure. As you are aware from your close reading of the Hobbit, Smaug ruined the dwarven kingdom, and took all the treasure and made a huge pile of it. Which he then slept on. Mr. Noer calculates this at a value of $8.6 billion, including the Arkenstone. This number of course leaves out the matter of the value of mithril items [Bilbo's coat alone worth as much as the Shire], and the value of any gems and such like mixed in with the gold and silver, but it is still an astounding total.
, Smaug ruined the dwarven kingdom, and took all the treasure and made a huge pile of it. Which he then slept on. Mr. Noer calculates this at a value of $8.6 billion, including the Arkenstone. This number of course leaves out the matter of the value of mithril items [Bilbo's coat alone worth as much as the Shire], and the value of any gems and such like mixed in with the gold and silver, but it is still an astounding total.
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