Source
I love Photoshop and grungy effects and I don't care if a logo has been chosen, I wanted to make one for a lost cause anyways.
Gandalf the White by Ognjen Sporin
Deep Gnome by Bob Kehl
Dwarvish Armor by Turner Mohan
Knight by Jaemin
Homerus Lupercal by Diego Soto
Oh, I like this one
Dwarf Runesmith by Dominik Mayer
With Sword by Yeajin Heo
Ered Luin Helmet by Grzegorz Wlazło
Albino Dragon by Alex Kuhn
Paladin by Mary Metzger
Empire of Dreams by Michael Whelan