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Ancient Roman inscribed silver ring. A silver ring, the central elliptical plaque engraved with seriffed capitals in abbreviated Latin 'VAL.BAT / VA.LYO.IM / IROY', flanked by broad integrated shoulders and tapering though to a solid rounded shank. Tested silver, approximately 12g in weight, circa 3rd century AD.
The meaning of the inscription cannot be identified, possibly due to its abbreviated nature.
For a ring of similar type, see Ruseva-Slokoska, L., 'Roman Jewellery', Sofia, 1991, item 247.