Clip from The Hobbit: Part 1, where Bilbo inspects his small sword. With Hugo Weaving as Elrond, Ken Stott as Balin and Martin Freeman as Bilbo.
Elrond (Hugo Weaving): This is Orcrist, the Goblin cleaver. A famous blade forged by the High Elves of the West. My kin, may it serve you well.
And this is Glamdring the Foehammer. Sword of the King of Gondolin. These were made for the Goblin Wars of the First Age.
Balin (Ken Stott): I wouldn't bother, laddie. Swords are named for the great deeds they do in war.
Bilbo (Martin Freeman): What are you saying? My sword hasn't seen battle?
Balin: Not actually sure it is a sword. More of a letter opener really.