Smaug: Well, thief! I smell you, I hear your breath, I feel your air. Where are you? Come now, don’t be shy. Step into the light.
Bilbo: O Smaug the Tremendous! Truly, your wealth is beyond compare. I merely wished to gaze upon such wonder.
Smaug: You have nice manners for a thief and a liar. You seem familiar with my name, but I do not know yours.
Bilbo: I am the clue-finder, the web-cutter, the stinging fly. I was chosen for the lucky number.
Smaug: Clever speech! But do not think flattery will save you. You have been sent by the Lake-men and the Elves, have you not?
Bilbo: I come on my own, noble Smaug. And who would dare send anyone to face you?
Smaug: There is something you carry—something made by dwarf-hands. You cannot hide it from me!