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Initials inside a shield are generally the maker's mark. From 1695 to 1720 it was more common to use the first two letters of the maker's name instead of the initials. Nowadays, three initials is the most popular method to identify the maker.

The "18K" part means the gold is 18-karat gold. The metal in the band is 75% gold and 25% a mix of other metals.

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Q: What does 18KT HLE inside a ring mean?
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