-your POV-

I was circling the shire, searching for an old friend, Bilbo. It was his 111th birthday today and as his friend, I of course came to give him my blessing. I then heard a familiar voice calling out to me under me. I looked at the person who had called, and immediately a smile played across my scaly lips. I drop gently down at the grassy ground and shift. My once scaly arms were now smooth human arms or as I call them, elven arms. My 4 strong legs were replaced by 2 thin elven legs. My white golden hair flowed down over my shoulders as I stood up from the shift. My scales were replaced by a white slinken cloak and boots were now protecting my soft but strong feet. My breasts were cupped by my dragon slinken corset. I sigh as I look at my old friend, Gandalf.
"Good to see you, old friend. Seems like age as changes the once handsome wizard" You teased, as you embraced him in a warm hug. He chuckled and hugged me back.
"But not the lady of dragons. If I dint know better, I would say that you look younger than our last encounter, my dear." He says as a smile spreads across his lips. I nod. I then feel the presence of another soul. I lift my head and meet se Blu-ish eyes. The smell is recognizable, it's a Hobbit.
"Hey, young one, what's your name?" I ask as I smiled warmly towards him. His cheeks redden and he cast his eyes downwards. You chuckle and lifted his cheek to meet my eyes.
"I asked, what's your name?" I said calmly and smoothly. He gulped but answered.
"I'm Frodo Baggins." He stutters as I looked him over. I nodded and smiled and let my hand slide down from his cheeks to his chest.
"A strong heartbeat in you, young one. This quest you now will have will prove you Worthy." You say as you nod and step away fr Frodo.

(No Frodo does not know about what's gonna happen tonight but since you are the firstborn, you have powers similar to Lady Galadriel but stronger. You can see the future and control many things.)

                          ^-^
-your Pov-

I was sitting at a table with a hobbit named Sam, and Frodo of course. Bilbo got up on the podium and started his speech.
"  My dear Bagginses and Boffins, Tooks and Brandybucks, Grubbs, Chubbs, Hornblowers, Bolgers, Bracegirdles, and Proudfoots," he says.
"Proudfoot! " a big hobbit bellows. Bilbo ignores him and continues.
"Today is my 111th birthday!

Hobbits: Happy birthday!

A hobbit raises his mug to Bilbo and says:
" Happy birthday! "

" But alas, eleventy-one years is far too short a time to live among such excellent and admirable Hobbits. " The hobbits cheer.
" Then I don’t know half of you half as well as I should like and I like less than half of you half as well as you deserve." He says and the other hobbits seem to not know how to take what he just said. They look at each other in confusion. Bilbo then pulls the ring out of his pocket and fingers it behind his back. Gandalf watches closely, suspecting something. Frodo watches, his smile slowly vanishing.
" I, uh, I have things to do. " Bilbo then whispers to himself
"I’ve put this off for far too long. " he then higher his voice so the whole crowd can hear him. I watch him with curious looks. I saw the golden object he had hidden behind his back and knew at once it was the ring. I growl low but say nothing.
" I regret to announce this is the end! I am going now. I bid you all a very fond farewell." Bilbo says as he moves his gaze to fordo and mutters the last words.
"Goodbye" He then puts on the Ring and disappears. The Hobbits gasp, not knowing what to think. They turn to each other and start to whisper about Biblo disappearing. Frodo watches in shock and Gandalf takes his pipe from his mouth with surprise. I sigh but sit still. I already knew he was gonna do that, but it is his own choice that he wants to go. I won't stop him.

   -A/n pov-

There is a big commotion among the hobbits as they look around and whisper to each other. The door at Bag End is opened, and once inside, Bilbo takes off the Ring, becoming visible. He walks into his study, laughing. He flips the Ring in the air, then puts it back in his pocket and pats it. Walks over and grabs his walking stick. Suddenly, Gandalf is seen in a corner.
" I suppose you think that was clever. " Gandalf says as he looks at Frodo with a look of concern and annoyance.
" C'mon Gandalf! Did you see their faces?" Bilbo says.
" There are many magic rings in this world Bilbo Baggins and none of them should be used lightly. " Gandalf says as he looks sternly.
"It was just a bit of fun! Oh, you’re probably right, as usual. You will keep an eye on Frodo, won’t you?" Bilbo says as he packs for the journey.
"Two eyes. As often as I can spare them. " Gandalf answers, nodding.
"I’m leaving everything to him." Bilbo then says.
"What about this Ring of yours, is that staying too?" Gandalf asks. Bilbo nods
"Yes, yes. It’s in an envelope over there on the mantelpiece." Gandalf goes to the mantelpiece looking for the envelope.
" No. Wait, it’s here in my pocket." He says a little puzzled as he pulls out the Ring and looks at it.
"Heh, isn’t that–? Isn’t that odd, now? Yet, after all, why not? Why shouldn’t I keep it?" 
" I think you should leave the Ring behind, Bilbo. Is that so hard?" Gandalf says. Bilbo suddenly feels anger building up inside him. He then spats out.
"Well no. And yes! Now it comes to it. I don’t feel like parting with it. Its mine. I found it! It came to me! "
"There’s no need to get angry. " Gandalf says a little worry in his voice.

-~£

-your Love

I and Frodo had run from the part a few minutes ago and now run inside bilbos house.
"Bilbo, Bilbo!" Frodo cries out as he barges thru the door. I follow him but stops in the opening. I look around after any signs of Bilbo but find none.
I then see that Frodo picks up something golden from the mantelpiece. I growl lowly as I recognize the ring, but do not any attempt to take it from his hands. I then notice Gandalf sitting by the fireplace. He's whispering something that my advanced hearing immediately picks up. I whine at the familiar words.
"My precious, my precious" the creature Gollum used those words about the one ring. I had heard him says those the time I had met him in the dark halls of the infested goblin cave where Bilbo had found the ring.
I see Frodo walking over to Gandalf.
"He's gone, hasn't he? He talked for so long about leaving. I didn’t think he’d do it " he said as he stood beside Gandalf. Frodo holds the ring in his hand.
"Gandalf?" He asks.
"Hmm" Gandalf hums back. He then sees the ring in Frodo's hand.
" bilbo's ring. He’s gone to stay with the elves. He’s left you Bag End…" he get’s out and envelope, holding it up to Frodo who puts the Ring in it. He seals it and gives the envelope to Frodo.
" …along with all his possessions. The Ring is yours now. Put it somewhere out of sight." Gandalf gets his hat and staff and makes for the door.
"Where are you going?" Fordo ask.
"There are some things that I must see to."
" What things?"
" Questions. Questions that need answering!" Gandalf sheers as he looks at Frodo.
" But you’ve only just arrived! I don’t understand. " Frod cries out. Gandalf sigh.
" Neither do I. Keep it secret. Keep it safe. " He says as he dart out the door.
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That's all for this one:)