Eowyn would have to wait in line then.
Wouldn't it be funny if Gandalf came back 17 years later and learned that he had to deal with Lobelia having the ring? Would he be P.O'ed at Frodo! :)
The mental picture of Lobelia chasing the Captain of the Nazgul and bopping him over the head with an umbrella makes me laugh. If I could draw worth a darn I'd try putting that picture on paper.
Lobelia: And let your buddy Frodo get Bag End back? I don't think so! Besides, everyone knows you and Elrond are in cahoots. The Ring is mine!
Gandalf: Sauron will send his Nazgul...
Lobelia: Oh, they showed up last week. I've got two of them out in the back garden weeding - those lazy Gamgees can find another job - and a couple more of them are helping Lotho consolidate his hold on Southfarthing Pipeweed Inc. Now, will you leave quietly or do I need to have my new butler, Saruman, show you the door?