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This set is the closest bootleg to Toy Biz. If you look closely, the Bilbo looks similar to the Toy Biz releases, minus details and paint. This is in a much smaller scale, that is closer to 4". The package is a horrible image grab and print from the figures production boxes, or online images from the Marvel site. It does feature the same One Ring idea enclosing the figure on the front, as its original figure.
It is unclear how many characters were made. we have only seen a few pop up on Ebay over the years.