Warner Bros is sponsoring a new contest that gives artists the chance to re-imagine the world of The Hobbit. They call it the Treasures of Middle-earth Design Contest.

Enter your own original fan artwork for a chance to win some great Middle-earth prizes. Or if you’re not artistically inclined (I know I don’t have an artistic bone in my body!), you can rate your favorite fan-created imagery inspired by Bilbo Baggins’ adventure.

The four grand-prize entries will be chosen by John Howe, Alan Lee, and Richard Taylor. Entries close October 15, 2012.

NB: Entry is open only to legal residents of the USA and Canada (excluding Quebec). You can read all the T&Cs, including those pertaining to the assignment of intellectual property, here.