Yes, that does sound heretical to me.
it means every time someone puts a coin in the coffer of the church someone in purgatory is released to heaven.
Johann Tetzel famously preached: "As soon as the coin in the coffer rings, the soul from purgatory springs." This slogan implied that purchasing indulgences could alleviate the suffering of deceased loved ones in purgatory.
Johann Tetzel claimed that indulgences could reduce the time one spent in purgatory for oneself or deceased loved ones. He asserted that purchasing these indulgences would grant forgiveness for sins and demonstrate a person's commitment to the Church. Tetzel famously promoted indulgences with the slogan, "As soon as a coin in the coffer rings, the soul from purgatory springs," highlighting the transactional nature of the practice. His claims contributed to widespread criticism and ultimately fueled the Protestant Reformation.
The sale of indulgences that Martin Luther opposed was primarily associated with Johann Tetzel, a Dominican friar. Tetzel's aggressive marketing of indulgences in the early 16th century, particularly his famous phrase "As soon as a coin in the coffer rings, the soul from purgatory springs," highlighted the corruption Luther condemned. This practice contributed to Luther's 95 Theses, which criticized the Church's exploitation of believers and sparked the Protestant Reformation.
He oppose the church when Luther objected to a saying attributed to Johann Tetzel that "As soon as the coin in the coffer rings, the soul from purgatory also attested as 'into heaven' springs."He insisted that, since forgiveness was God's alone to grant, those who claimed that indulgences absolved buyers from all punishments and granted them salvation were in error. Christians, he said, must not slacken in following Christ on account of such false assurances.
Many jewellers make rings using precious metal coins. Some of the ones that advertise on the internet are CoinCrafter, Coin Coin Designs and The Coin Smith. Some coin rings are made by attaching a small coin to a ring, and other designs are made by reworking the coin itself into the shape of a ring.
This is a reference to the Dominican Friar Johann Tetzel and his propagating of the idea of Indulgence as outlined by Pope Leo X in the 16th C. Charged by the Pope to raise money for the reconstruction of St. Peter's Basilica in Rome, he manipulated the lay community by stating that they could pay to have their dead loved ones souls released from the temporary suffering of purgatory and ascend straight to heaven. Essentially, you could buy your way into heaven.
There is TNFC in Winter Springs(www.nfccoins.com)
The Coin - 2013 I was released on: USA: 20 June 2013 (Palm Springs International Shortfest)
on ebay Or www.libertycoinrings.com. They seem to have good prices and great variety.
The Olympic rings on the 1990 Libertad proof coin commemorate Mexico's hosting of the 1968 Summer Olympics in Mexico City. This design element pays tribute to the Olympic spirit and the significance of the games in promoting international unity and sportsmanship. The Libertad series is known for its artistic designs, and including the Olympic rings enhances the coin's cultural and historical value.
You could flip a coin! Have sex with them and pick the one that really rings your bell.