Elves
From UnAnything Wiki
Elves were a race of tall, beautiful humanoids who used to live in Earth and now live in The Undying Lands. They were known for making jewels and then fighting wars over them.
They are often depicted inaccurately as some kind of mix between gnomes and fairies (but only the pretty kind), although these depictions also take some influence from the Scythians, so they might actually be somewhat accurate.
Some people think that 'elves' was another name for the Germanic peoples. Other people think that the elves weren't really real and were based off of Finnish or Russian people.