Parece ser algo sem sentido, infelizmente. O mais próximo que consegui dos caracteres da sua imagem é o seguinte:

Começando no canto superior esquerdo e trabalhando no sentido horário, lê algo como:

"An e echravlye avelan rav erash e h l e e an".

Isso não faz sentido em qualquer idioma que eu conheça.

Atualização: perguntei por aí e alguém conseguiu traduzi-lo!

Um usuário do OneRing.net chamado Maghradaid respondeu à minha consulta . Vou citar esta resposta na íntegra:

It's an unusual mode of writing but is definitely an attempt at saying Nai hiruvalye Valimar around the top, and Nai elye hiruva around the bottom. In this case, vowel tehtar are placed above the preceding tengwa. The vowel markings for E and I are switched, as are O and U: these have happened (e.g. in CT's English transliterations, and the Black Speech ring-verse), but not so often for Quenya (one example of O/U is DTS56). The separation of the diphthong AI like that (and not written over yanta) into A over the preceding and I on a short carrier is attested in some of Tolkien's examples. The U is missing in hiruvalye, and they decided to use kh- for the hir- parts. Indeed, harma would have originally been used, but later on it was renamed aha because kh- had become h- initially, and hy- (hyarmen) started to be used for initial h-.

So there's a rationale for each of the unexpected parts, save the missing U, and -lye. Tolkien sometimes represented consonants like ly, ny, etc. in Quenya without using the two dots to represent following y, and instead used L and a Y-tengwa afterward. However, the L had a dot underneath to indicate no following vowel, and the vowel after -y was then placed above it (DTS72, which has separation of nai as I mentioned). However, that uses anna, not yanta, and there's no underdot. Another way is found in DTS73, but while that does show -y represented with yanta and no underdot, the vowel after it is still placed above yanta: and nai is then written with A over N and a following yanta, not like here (or DTS72). There's also the matter of whether rómen would be used for final R in Quenya.

So we can tell what it's intended to say, though I'm somewhat surprised at how it's written, given our attested examples.

Edit: You're right, they do have N in Valimar, which is a mistake that can't be explained away.

Portanto, há duas frases aqui, embora sejam escritas de maneira incomum e haja pelo menos um erro. As frases são:

Nai hiruvalye Valimar

"Maybe thou shalt find Valimar"

e

Nai elye hiruva

"Maybe even thou shalt find it"

O transcriber de Tengwar processa a frase assim:

Obrigado à Junuxx pela melhor renderização

Esta é uma citação de um poema élfico encontrado em O Senhor dos Anéis , conhecido como o Namárië , ou "Galadriel's Lament". O Namárië é o mais longo texto em quenya em O Senhor dos Anéis . Aqui está a leitura completa:

Ai! laurië lantar lassi súrinen,
yéni únótimë ve rámar aldaron!
Yéni ve lintë yuldar avánier
mi oromardi lisse-miruvóreva
Andúnë pella, Vardo tellumar
nu luini yassen tintilar i eleni
ómaryo airetári-lírinen.

Sí man i yulma nin enquantuva?

An sí Tintallë Varda Oiolossëo
ve fanyar máryat Elentári ortanë,
ar ilyë tier undulávë lumbulë;
ar sindanóriello caita mornië
i falmalinnar imbë met, ar hísië
untúpa Calaciryo míri oialë.
Sí vanwa ná, Rómello vanwa, Valimar!

Namárië! Nai hiruvalyë Valimar.
Nai elyë hiruva. Namárië!
- The Fellowship of the Ring, Book II, Chapter 20: Farewell to Lórien

Que se traduz em inglês assim:

Ah! like gold fall the leaves in the wind,
long years numberless as the wings of trees!
The years have passed like swift draughts
of the sweet mead in lofty halls beyond the West,
beneath the blue vaults of Varda
wherein the stars tremble in the song of her voice, holy and queenly.

Who now shall refill the cup for me?

For now the Kindler, Varda, the Queen of the Stars,
from Mount Everwhite has uplifted her hands like clouds,
and all paths are drowned deep in shadow;
and out of a grey country darkness lies on the foaming waves between us,
and mist covers the jewels of Calacirya for ever.
Now lost, lost to those from the East is Valimar!

Farewell! Maybe thou shalt find Valimar.
Maybe even thou shalt find it. Farewell!

Atualização:

Novo comentário no tópico:

You're welcome. I'm embarrassed to say that I missed another error:

Instead of switching E and I as I had claimed, instead E and I are represented by the same sign. I had seen all the I's unexpectedly having the slash tehta, but failed to notice that the E's used it as well. I'm so used to seeing it for E that I slipped up and didn't notice anything abnormal when it is actually used for E in that sign, though I had established that it was being used for I.

This is what the characters look like in that sign:

Leitura adicional:

Uma análise extremamente detalhada de literalmente cada palavra do Namárië