Complete with the red Pawn ticket from Gallup, New Mexico this ring features 16 round red coral stones set in a circle design. Made of sterling silver with genunie red coral .The setting measures approximately 1" across and sets on an adjustable ring shank. This unique adjustable ring shank allows the ring to be adjusted from sizes 7 to 9.
PAWN HISTORY : By the 1890’s, traders took advantage of a new market with silversmiths and began selling them tools. Silver jewelry was used as barter on the Reservation where money was practically non-existent. Traders took silver and turquoise jewelry as collateral without giving a specific value to the piece. Any pawn unclaimed after an agreed period of time was considered "dead" and the trader could sell it