I will have to WHACK my head if I can't tell what it is from the
first glance :P

It's the bottom part of the Chest Armor of the Galadhirim Elven
Archer Armor.

http://www.alleycatscratch.com/lotr/Elf/ElfArmor/Third.htm


Not sure if I ever mention this here (I think I did at the Haldir's
Elven Archer Forum) that altho the Armor on display and photographed
previously has the Emblem of Glorfindel (or rather Haldir's according
to the label for one of the Banners displayed in the LOTR Trilogy:
The Exhibition XD ), the one seen at the LOTR Trilogy: The Exhibition
has that of Elrond's.

Then the one featured in the book Weapons & Warfare has that of
the "generic" Elven Emblem often used for many Elf-related
merchandise like Pewter Pendent, Banner etc. ;)

http://img.photobucket.com/albums/v31/Sith_Haldir/Elven%
20Archer/WnW_elvenarcharemblem01.jpg


Am yet to see the Armor that carry the Emblem of Galadriel. :-P

Fatimah