My mom passed away and I got her HS ring. It is from the 1950s, and it appears to be a simple gold ring with the HS initials on it. I would never wear this, but it seems callous to sell it for the gold. A friend of mine who brokers jewelry said that it was not cost effective to melt the gold to have it re-set into another ring. Anyone have a suggestion? Perhaps I should just keep it as a memento.