

Lord of the Rings – The Two Towers
(Toy Biz) 2002 – 2005
The Two Towers was released in 2002, and was the second of Peter Jackson’s epic Lord of the Rings trilogy. Expectations were very high for this follow-up to The Fellowship of the Ring, and that went for the toy line as well. The movie went on to become a smash hit, for the fans AND critics, winning numerous awards. Once again, Toy Biz released a solid effort, consisting of several waves of new and re-released figures, along with large sized figures, multipacks, gift packs and various accessories.
For more information about Toy Biz’s (LOTR) Two Towers line, see bottom of the page for a complete summary.
Two Towers (2002): Half Moon Packaging – Series 1
Toy Biz released five new figures for the premier wave of “Half-Moon” Packaged figures from The Two Towers line in 2002. Featured were Easterling, Faramir, Gandalf The White, Gondorian Ranger and Legolas in Rohan Armor.
Easterling

Market Value:
Boxed $25 – $40
Loose $10 – $17
Easterling
Accessories: Spear, Shield, Helmet
Released: 2002
Faramir

Market Value:
Boxed $25 – $40
Loose $10 – $17
Faramir
Accessories: Sword, Sheath, Bow, Arrows
Released: 2002
Gandalf the White

Market Value:
Boxed $20 – $30
Loose $9 – $14
Gandalf The White
Accessories: Staff ,Sword, Belt w/ Sheath
Released: 2002
Gondorian Ranger

Market Value:
Boxed $20 – $30
Loose $9 – $14
Gondorian Ranger
Accessories: Sword, Belt w/ Sheath, Cloak
Released: 2002
Legolas (Rohan)

Market Value:
Boxed $17 – $27
Loose $7 – $12
Legolas (Rohan Armor)
Accessories: Sword, Dagger, Belt w/ Sheath, Bow, Arrows
Released: 2002
Two Towers (2002): Half Moon Packaging – Series 2
Toy Biz released five more figures for the 2nd wave of “Half-Moon” Packaged figures from The Two Towers line in 2002. Featured were Eomer, Grima Wormtongue, King Theoden, Rohirrim Soldier and Saruman The White.
Eomer

Market Value:
Boxed $15 – $25
Loose $5 – $10
Eomer
Accessories: Sword, Sheath
Released: 2002
Grima Wormtongue

Market Value:
Boxed $20 – $30
Loose $9 – $14
Grima Wormtongue
Accessories: Knife
Released: 2002
King Theoden

Market Value:
Boxed $22 – $35
Loose $10 – $15
King Theoden
Accessories: Sword, Sheath, Cloak
Released: 2002
Rohirrim Soldier

Market Value:
Boxed $25 – $40
Loose $10 – $17
Rohirrim Soldier
Accessories: Sword, Sheath, Spear, Cloak
Released: 2002
Saruman The White

Market Value:
Boxed $15 – $25
Loose $5 – $10
Saruman The White
Accessories: Staff, Palantir Orb
Released: 2002
Two Towers (2002): Half Moon Packaging – Series 3
Toy Biz released only three figures for the 3rd wave of “Half-Moon” Packaged figures from The Two Towers line in 2002. This small wave included Aragorn (Strider from Fellowship of the Ring series), Frodo with Light-Up Sting and Helm’s Deep Aragorn.
Aragorn

Market Value:
Boxed $15 – $25
Loose $5 – $10
Aragorn
Accessories: Sword, Sheath, Bow, Arrows
Year Released: 2002
Frodo w/ Light-Up Sting

Market Value:
Boxed $14 – $22
Loose $4 – $8
Frodo w/ Light-Up Sting
Accessories: Sting Sword, Cloak
Year Released: 2002
Helm’s Deep Aragorn

Market Value:
Boxed $15 – $25
Loose $5 – $10
Helm’s Deep Aragorn
Accessories: Sword, Sheath
Year Released: 2002
Two Towers (2002): Half Moon Packaging – Series 4
Toy Biz released six figures for the 4th wave of “Half-Moon” Packaged figures from The Two Towers in 2002. Featured were Gollum with Electronic Base, King Theoden in Armor, Legolas in Rohirrim Armor, Sam with Mordor Electronic Base, Smeagol with Electronic Base and Twilight Frodo.
Gollum
(Electronic Base)

Market Value:
Boxed $12 – $20
Loose $4 – $8
Gollum
(Electronic Base)
Accessories: Electronic Base
Released: 2002
King Theoden
(Armor)

Market Value:
Boxed $20 – $30
Loose $10 – $15
King Theoden
In Armor
Accessories: Sword, Sheath, Helmet
Released: 2002
Legolas
(Rohirrim Armor)

Market Value:
Boxed $17 – $27
Loose $7 – $12
Legolas
(Rohirrim Armor)
Accessories: Sword, Dagger, Belt w/ Sheath, Bow, Arrows
Released: 2002
Sam
(Mordor)

Market Value:
Boxed $12 – $20
Loose $4 – $8
Sam
(Mordor)
Accessories: Electronic Base, Sword
Released: 2002
Smeagol
(Electronic Base)

Market Value:
Boxed $12 – $20
Loose $4 – $8
Smeagol
(Electronic Base)
Accessories: Electronic Base
Released: 2002
Twilight
Frodo

Market Value:
Boxed $12 – $20
Loose $4 – $8
Twilight
Frodo
Accessories: Sting Sword
Released: 2002
Two Towers (2002): Half Moon Packaging – Series 5
Toy Biz released four figures for the 5th and final wave of “Half-Moon” Packaged figures from The Two Towers in 2002. Featured were Berserker Uruk-Hai, Frodo with Elven Cloak, Grishnakh and Ugluk.
Berserker Uruk-Hai

Market Value:
Boxed $25 – $40
Loose $10 – $17
Berserker Uruk-Hai
Accessories: Sword
Year Released: 2002
Frodo (Eleven Cloak)

Market Value:
Boxed $25 – $40
Loose $10 – $17
Frodo (Eleven Cloak)
Accessories: Elven Cloak, Sting Sword, Sheath
Year Released: 2002
Grishnakh

Market Value:
Boxed $20 – $30
Loose $9 – $14
Grishnakh
Accessories: Sword
Year Released: 2002
Ugluk

Market Value:
Boxed $14 – $22
Loose $4 – $8
Ugluk
Accessories: Sword, Whip
Year Released: 2002
Two Towers (2004-2005): Small Card Packaging – Series 1
In 2004, Toy Biz re-released seven figures on the new small card packaging. Four of the figures were re-released from previous wave (Eomer, Helm’s Deep Aragorn, Saruman the White, Smeagol with Electronic Base) while three others (Crossbow Uruk-Hai, Eowyn, King Theoden in Armor) were brand new figures to the line.
Crossbow Uruk-Hai

Market Value:
Carded $22 – $35
Loose $10 – $17
Crossbow Uruk-Hai
Accessories: Crossbow, Arrows x 5, Helmet
Year Released: 2004
Eomer

Market Value:
Carded $12 – $20
Loose $4 – $8
Eomer
Accessories: Sword, Sheath
Year Released: 2004
Eowyn

Market Value:
Carded $15 – $25
Loose $5 – $10
Eowyn
Accessories: Sword
Year Released: 2004
Helm’s Deep Aragorn

Market Value:
Carded $25 – $40
Loose $10 – $17
Helm’s Deep Aragorn
Accessories: Sword, Sheath
Year Released: 2004
King Theoden in Armor

Market Value:
Carded $15 – $25
Loose $5 – $10
King Theoden in Armor
Accessories: Sword, Sheath, Helmet
Year Released: 2004
Saruman The White

Market Value:
Carded $15 – $25
Loose $5 – $10
Saruman The White
Accessories: Staff, Palantir Orb
Year Released: 2004
Smeagol

Market Value:
Carded $10 – $17
Loose $4 – $7
Smeagol
Accessories: Electronic Talking Base
Year Released: 2004
Two Towers (2004-2005): Small Card Packaging – Series 2
Toy Biz continued the new small card packaged figures from The Two Towers line with a new 2nd wave of six additional figures. Like the previous wave, some were re-releases (Berserker Uruk-Hai, Frodo with Light-Up Sting, Gandalf the White, Gollum with Electronic Base) while two more (Helm’s Deep Legolas and Treebeard) were new additions to the line.
Berserker
Uruk-Hai

Market Value:
Carded $22 – $35
Loose $10 – $17
Berserker
Uruk-Hai
Accessories: Sword
Released: 2004
Frodo w/
Light Up Sting

Market Value:
Carded $15 – $25
Loose $5 – $10
Frodo w/
Light-Up Sting
Accessories: Sting Sword, Cloak
Released: 2004
Gandalf
The White

Market Value:
Carded $15 – $25
Loose $5 – $10
Gandalf
The White
Accessories: Staff, Sword, Belt w/ Sheath
Released: 2004
Gollum
(Electronic Base)

Market Value:
Carded $10 – $17
Loose $4 – $7
Gollum
(Electronic Base)
Accessories: Electronic Talking Base
Released: 2004
Helm’s Deep
Legolas

Market Value:
Carded $14 – $22
Loose $4 – $8
Helm’s Deep Legolas
Accessories: Daggers, Belt w/ Sheath, Bow, Arrows, Quiver
Released: 2004
Treebeard

Market Value:
Carded $25 – $40
Loose $10 – $17
Treebeard
Accessories: Branch
Released: 2004
Two Towers (2004-2005): Small Card Packaging – Series 3
Toy Biz continued the new small card packaged figures from The Two Towers line with a new 3rd wave consisting of five figures. Unlike the previous waves, these figures were brand new and had never been seen before. Featured were Boromir Captain of Gondor, Gamling, Isengard Orc, Super Poseable Frodo and Super Poseable Helm’s Deep Aragorn.
Boromir, Captain
of Gondor

Market Value:
Carded $15 – $25
Loose $5 – $10
Boromir, Captain of Gondor
Accessories: Horn, Sword, Sheath
Released: 2004
Gamling

Market Value:
Carded $22 – $35
Loose $10 – $17
Gamling
Accessories: Sword, Sheath, Cape, Shield
Released: 2004
Isengard Orc

Market Value:
Carded $15 – $25
Loose $5 – $10
Isengard Orc
Accessories: Battle Axe
Released: 2004
Super Poseable
Frodo

Market Value:
Carded $20 – $30
Loose $10 – $15
Super Poseable
Frodo
Accessories: Sting Sword, Sheath
Released: 2004
Super Poseable
Helm’s Deep Aragorn

Market Value:
Carded $25 – $40
Loose $12 – $20
Super Poseable
Helm’s Deep Aragorn
Accessories: Sword, Sheath, Dagger
Released: 2004
Two Towers (2004-2005): Small Card Packaging – Series 4
Toy Biz continued the new small card packaged figures from The Two Towers line with a new 4th wave consisting of six figures. Like the previous wave, these figures were brand new and had never been seen before. Featured were Dungeons of Isengard Orc Captain, Gate of Mordor Sam, Hama of Rohan, Legolas with Arrow Launching Action, Price Theodred and Super Poseable Shagrat Uruk-Hai.
Dungeons of Isengard Orc Captain

Market Value:
Carded $35 – $55
Loose $15 – $25
Dungeons of Isengard Orc Captain
Accessories: War Hammer, Club
Released: 2004
Gate of Mordor
Sam

Market Value:
Carded $15 – $25
Loose $5 – $10
Gate of Mordor Sam
Accessories: Sword, Cloak
Released: 2004
Hama Royal
Guard of Rohan

Market Value:
Carded $15 – $25
Loose $5 – $10
Hama Royal Guard of Rohan
Accessories: Sword, Belt w/ Sheath, Cloak
Released: 2004
Legolas (Arrow
Launching)

Market Value:
Carded $12 – $20
Loose $4 – $8
Legolas (Arrow Launching) Accessories: Sword, Katana, Bow, Arrows, Cloak
Released: 2004
Prince
Theodred

Market Value:
Carded $25 – $40
Loose $10 – $17
Prince Theodred
Accessories: Sword, Helmet
Released: 2004
Super Poseable Shagrat Uruk-Hai

Market Value:
Carded $30 – $45
Loose $14 – $22
Super Poseable Shagrat Uruk-Hai
Accessories: Sword, Shield
Released: 2004
Two Towers (2004-2005): Small Card Packaging – Series 5
The 5th and final wave of the new small card packaged figures from The Two Towers line consisted of four brand new figures, that included Balrog Battle Gandalf, Battle Action Aragorn, Battle Cry Uruk-Hai Warrior and Possessed King Theoden.
Balrog Battle Gandalf

Market Value:
Carded $22 – $35
Loose $10 – $17
Balrog Battle Gandalf
Accessories: Sword, Belt w/ Sheath, Staff
Released: 2005
Battle Action Aragorn

Market Value:
Carded $12 – $20
Loose $4 – $8
Battle Action Aragorn
Accessories: Sword, Belt w/ Sheath, Dagger
Released: 2005
Battle Cry Uruk-Hair Warrior

Market Value:
Carded $75 – $100
Loose $35 – $50
Battle Cry Uruk-Hair Warrior
Accessories: Spear, Flaming Torch
Released: 2005
Possessed King Theoden

Market Value:
Carded $15 – $25
Loose $5 – $10
Possessed King Theoden
Accessories: Removable Cloak
Released: 2005
Two Towers (2002): Two-Packs
Following their popular Two-Packs from the Fellowship of the Ring line, Toy Biz released three brand new Two-Packs for The Two Towers line in 2002. Included were Elf Archer & Berserker Uruk-Hai, Merry & Grishnakh, and Pippin & Ugluk. All were previously released figures except for the Elf Archer, who was a brand new figure.
Elf Archer & Berserker Uruk-Hai

Market Value:
Boxed $30 – $45
Loose $12 – $20
Merry & Grishnakh

Market Value:
Boxed $35 – $55
Loose $15 – $25
Pippin & Ugluk

Market Value:
Boxed $30 – $45
Loose $12 – $20
Two Towers (2002-2005): Three-Packs
Toy Biz did not release any new Three-Packs for their Two Towers line from 2002-2005.
Two Towers (2002-2004): Deluxe Horse & Rider Sets
Toy Biz continued their Deluxe House and Rider Sets for The Two Towers in 2002 with four releases. Of those four sets, Aragorn with Brego and Gandalf with Shadowfax were new. The other two sets were re-releases from previous waves, but with the new red colored packaging. It should be noted there actually two different packaging versions of Aragorn and Brego, with Aragorn standing on different sides of the box for each version.
Aragorn w/ Brego

Market Value:
Boxed $70 – $95
Loose $35 – $50
Aragorn w/ Brego
Year Released: 2002
Arwen w/ Asfaloth

Market Value:
Boxed $75 – $100
Loose $35 – $55
Arwen w/ Asfaloth & Frodo
Year Released: 2002
Gandalf w/ Shadowfax

Market Value:
Boxed $70 – $95
Loose $35 – $50
Gandalf w/ Shadowfax
Year Released: 2002
Ringwraith w/ Horse

Market Value:
Boxed $60 – $85
Loose $25 – $40
Ringwraith w/ Horse
Year Released: 2002
Two Towers (2002-2005): Gift Packs
Toy Biz releases several beautiful Gift Packs throughout their run of Lord of the Rings action figures, and that certainly continued with The Two Towers in 2002. Several brand new sets made their debut, along with one previously issued Gift Pack from the Fellowship of the Ring line, but with the new red packaging. New were Helm’s Deep Battle Set, Heroes of Middle Earth Gift Pack, and the hard to find Return of Gandalf Set, which was a UK exclusive.
Fellowship Deluxe Gift Pack

Market Value:
Boxed $75 – $100
Loose $35 – $55
Fellowship Deluxe Gift Pack
(Aragorn, Sam, Boromir, Merry, Pippin, Gimli, Legolas, Frodo, Gandalf)
Year Released: 2002
Helm’s Deep Battle Set

Market Value:
Boxed $80 – $110
Loose $40 – $60
Helm’s Deep Battle Set
(Aragorn, King Theoden, Gimli, Legolas, Haldir)
Year Released: 2003
Heroes of Middle Earth Gift Pack

Market Value:
Boxed $35 – $55
Loose $15 – $25
Heroes of Middle Earth Gift Pack
(Legolas, Aragorn, Gimli)
Year Released: 2002
The Return of Gandalf (UK Exclusive)

Market Value:
Boxed $90 – $120
Loose $40 – $60
The Return of Gandalf (UK Exclusive)
(Gandalf, Gimli, Aragorn, Legolas)
Year Released: 2004
Two Towers (2002-2005): Large Sized Figures
As with the previous year, Toy Biz released three “Large Sized” figures, different than the traditional boxed 12″ figures. There were two re-releases, Electronic Sauron and Electronic Cave Troll, along with a brand new release of Treebeard.
Cave Troll (Electronic)

Market Value:
Boxed $150 – $225
Loose $40 – $60
Cave Troll (Electronic)
Year Released: 2002
Sauron (Electronic)

Market Value:
Boxed $80 – $110
Loose $35 – $55
Sauron (Electronic)
Year Released: 2002
Treebeard

Market Value:
Boxed $100 – $140
Loose $40 – $60
Treebeard
Year Released: 2002
Two Towers (2002): 12 Inch Figures
The 12 Inch figure series continued with The Two Towers, with five total figures being released in their usual boxed format. Arwen was a re-release from the year prior, but Bilbo, Eowyn, Legolas and the Witch-King Ringwraith were new releases.
Arwen

Market Value:
Boxed $20 – $30
Loose $10 – $15
Arwen
Released: 2002
Bilbo

Market Value:
Boxed $20 – $30
Loose $10 – $15
Bilbo
Released: 2002
Eowyn

Market Value:
Boxed $35 – $55
Loose $15 – $25
Eowyn
Released: 2002
Legolas

Market Value:
Boxed $15 – $25
Loose $5 – $10
Legolas
Released: 2002
Witch-King Ringwraith

Market Value:
Boxed $35 – $55
Loose $15 – $25
Witch King Ringwraith
Released: 2002
Two Towers (2002-2005): Weapons & Accessories
Toy Biz re-released the Electronic Light ‘N’ Sound Sting Sword and Uruk-Hai Crossbow Set for The Two Towers line. They had both been previously released for the Fellowship of the Ring line in 2001.
Electronic Light ‘N’ Sound Sting Sword

Market Value:
Boxed $75 – $100
Loose $25 – $40
Electronic Light ‘N’ Sound Sting Sword
Year Released: 2002
Uruk-Hai Crossbow Set

Market Value:
Boxed $100 – $140
Loose $40 – $60
Uruk-Hai Crossbow Set
Year Released: 2002
The Two Towers was released in 2002, as the second movie of Peter Jackson’s epic Lord of the Rings trilogy. Expectations were very high for this follow-up to The Fellowship of the Ring, and that went for the toy line as well. The movie went on to become a smash hit, for the fans AND critics, winning numerous awards. Once again, Toy Biz released a solid effort, consisting of several waves of new and re-released figures, along with large sized figures, multipacks, gift packs and various accessories.
Many of the figures released for The Two Towers were new figures to the line, although there were certainly some re-releases from Fellowship of the Ring as well. Among the highlights from the figure line included Eomer, Eowyn, Faramir, Prince Theodred, Possessed King Theoden, Dungeons of Isengard Orc Captain, Boromir Captain of Gondor and Twilight Frodo. Like the two previously lines, Toy Biz also released a series of Horses with Figures, 12″ Figures, Large Sized Figures, Multipacks and various Gift Packs. This line sold very well, and was able to maintain their high sales from the previous movie, Fellowship of the Ring. These toys can now be found in abundance at just about every comic, toy or hobby shop at reasonable prices. Overall, this is a fairly inexpensive line to collect and easily found, but definitely takes up quite a bit of space.
The packaging for the Two Towers line was similar to the previous movie, but the color theme was now changed to a nice shade of Red. As before, Toy Biz released the first five waves on a lovely eye-catching “Half-Moon” package before switching a “Small Card” blister pack. Personally, I loved the look of the Half-Moon packaging, but they could be difficult to display or store due to the odd shape. The smaller carded packaging are certainly much easier to store and display, but definitely lacked the flair of the larger Half-Moon package. All other items from this line came in the same Red colored packaging. The early release gift packs came in the regular Two Towers Red, but later releases had different color schemes, depending on which gift pack it was.





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