A while back, I painted a High Elf test model. It turned out great, and remains one of my favorite miniatures that I've painted. You can't just have a single Elf, though, and so, again inspired by the designs of Alan Lee, I painted an Elf captain.
He's a Games Workshop Elrond, but I painted him in the colors of Fingon, the High King of the Elves in Beleriand during the Second Age of Middle-earth, to go with my other painted High Elf. I'm really happy with how the cloak turned out, white is a difficult color to get right.
It can be a little hard to tell, but I added a good bit of detail to the cloak base. The trim took a while to paint, but, as with the rest of the miniature, it turned out well.