This German art student, Benjamin Harff, decided, for his exam at the Academy of Arts, to do something only slightly ambitious — to hand-illuminate and bind a copy of J.R.R. Tolkien’s Silmarillion. It took him six months of work. In very 21st century elvish-monk style, he hand-illuminated the text which had been printed on his home Canon inkjet printer. He worked with a binder to assemble the resulting book.
And here is an interview with him. http://www.tolkienlibrary.com/press/902-Benjamin_Harff_Interview_Edel_Silmarillion.php
I think this is the most beautiful thing I have ever seen.