Neither SO nor I ever got one. We went to the same high school. It just wasn't an important thing for me, it was money that could be spent elsewhere. Not that many people I knew even got rings. It just wasn't big at our school. I don't have one from college either, for the same reasons. I think it is a waste of money, since I know I would never wear it. I never got a class jacket either, although those were huge at my school.
My mother still has her ring. She went to a high school in Miami. The were called the Rebels. Right before her senior year, they decided that wasn't PC any more so they changed it to something else (don't remember, but it was silly). My mom was upset and did not buy the school class ring, but went somewhere else and had them make a class ring that said Rebels on it.