The Great Goblin, upset at Thorin after seeing Foe Hammer, an epic weapon used to kill many goblins

I'm loving this circular style of art from David Wenzel. This is the moment when the Great Goblin gets really upset that Thorin has Foe Hammer. That weapon had been used to kill many goblins in the past. It was probably glowing pretty brightly here given that it's surrounded by goblins and is being held by one.

He won't have long to be upset though. Gandalf takes him out just a few seconds from now.

by David Wenzel