lord of the rings auctionAP Photo/Warner Bros.

You can own the One Ring -- without having to fight off Gollum for it! You will, however, have to pony up a lot of cash.

Props from "The Lord of the Rings" trilogy are up for sale at Julien's Auctions of Beverly Hills. The rare memorabilia cache comes from a private collector and is second in size only to director Peter Jackson's private hoard.

Among the props are:
  • Hairy Hobbit feet worn by Sean Astin as Samwise Gamgee, which are expected to net between $15,000-$30,000
  • Sting, the sword of Frodo (Elijah Wood) for over $100,000
  • Gandalf's (Ian McKellen) wizard staff for $50,000-$70,000
All told, the auction house expects to rake in somewhere near $1.5 million for the collection, which also includes a copy of the One Ring.

"Demand for this memorabilia is extraordinarily high and the scale and quality of this remarkable collection is truly a once in a lifetime opportunity for fans and collectors," said Martin Nolan, executive director of Julien's Auctions.

With those prices, every item really is a "preciiioooooouuuusssss."
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