Each ring is adjustable brass with military emblem on the top which slides off. Emblems are for Marines, Navy, Air Force, Army. Underside of top and top of base originally each held a Lone Ranger photo and a Silver photo. These are very frequently missing but in this case five of the eight possible are present. Marine ring has both photos; while the other three rings each have the Lone Ranger photo. These are all original photos and not replacements. Luster on the first three is Exc. to NM and on the Army ring overall Fine. The “Lone Ranger Victory Corps” die cut brass tab has the tab portion folded back as intended. This carries 1942 date. Also see button related to this club in lot #1088. Tab has most luster. A very nice group and seldom with this many original photos.