From FotR, Shadow of the Past, "...Gandalf held it up. It looked to be made of pure and solid gold. 'Can you see any markings on it?' he asked..."Originally posted by Harad
Getting back to Elin's comment on the book. My reading of it was that Gandalf held the ring. Is that worrisome, logically? Or does that just show that Gandalf was so in control of himself that he could hold the ring without giving in to the dark side, i.e. using it. Its not as if the class of Wizards did not have a dark side.