Just starting on a new artwork - here's the sketch (click for larger view):
I just snapped it with the digital, because the scaner doesn't always pick up sketchy-pencil stuff, so it's a bit dark, but I think you can see most of the main bits. I haven't titled it yet, but it's to be a Mucha-esque (well, as near as I can get) image of Galadriel, peering pensively at Nenya, as she prepares to return to the Grey Havens.
