This ring is typically in brass with adjustable bands as it was used as a Buck Rogers permium in 1934 from radio sponsor Cocomalt. This version, however, has a silver finish over the brass and is made with a solid non-adjustable band. Silver finish is Exc. with the most trivial traces of brass showing on close inspection. The multi-faceted glass stone is a gorgeous deep pink perhaps to represent a ruby for the month of July. The personal red initial is a "D". Only example we've seen in this format. 1930s and possibly from the famous novelty company Johnson -Smith. Exc.