THE ARKENSTONE | HEART OF THE MOUNTAIN

What is the Arkenstone? When was it found and why is it important? Why is it important for Thorin Oakenshield ? And what was its significance in the Hobbit trilogy ? Was it of any importance to Smaug?
The Arkenstone was a great jewel discovered beneath the roots of the Lonely Mountain during the reign of Thráin one and prized by his descendants as the "Heart of the Mountain".
The Arkenstone was discovered soon after the establishment of the Dwarf-kingdom in the Lonely Mountain, and the Dwarves used all their skill to work the gem into a shimmering multi-faceted jewel. In the centuries after its discovery, the Arkenstone became an heirloom of the Kings of Durin's Folk.
After the Battle of Five Armies, enmity was set aside between the leaders of the Dwarves, Elves, and Men, and Bard of Dale placed the Heart of the Mountain on the breast of Thorin in Thorin's tomb. Thus, nearly a thousand years after its discovery, the Arkenstone was buried once more in the depths beneath the Lonely Mountain.
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