Honestly, I wouldn't have thought that would be an issue to the Unicode folks. They have already allowed things (emoji) that have no place being in the standard, as they aren't even text.
According to a sibling to what you replied to, it's because the shapes of the glyphs are still under copyright by known-litigious rightsholders and the Unicode consortium doesn't want to subject font authors to that.
That's a higher bar than having seen it, I think. I also had to look it up, but as soon as I saw the images in Wikipedia I knew that it's from Lord of the Rings.