Is the LEGO Mordor Orc Key Chain (850514-1) still collectible?

Yes, as a 2012 themed item, the LEGO Mordor Orc Key Chain (850514-1) holds value for collectors of the theme.

What year was the LEGO Mordor Orc Key Chain released?

The LEGO Mordor Orc Key Chain (850514-1) was released in 2012.

No, this Key Chain set (850514-1) is listed as having 0 pieces.

Name: LEGO Mordor Orc Key Chain (850514-1)
Brand: LEGO

Key Chain

Key Chain · 2012

Theme · Key ChainPieces · 0Set Number · 850514-1Year · 2012

Used

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New / Sealed

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Live on eBay now

Converted from USD at the ECB reference rate — sold comps are US-market sales.

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Is the LEGO Mordor Orc Key Chain (850514-1) still collectible?: Yes, as a 2012 themed item, the LEGO Mordor Orc Key Chain (850514-1) holds value for collectors of the theme.
What year was the LEGO Mordor Orc Key Chain released?: The LEGO Mordor Orc Key Chain (850514-1) was released in 2012.
Does this key chain contain any physical building pieces?: No, this Key Chain set (850514-1) is listed as having 0 pieces.