It's probably someones initials.
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Titanium
Marks stamped on a ring may tell you the manufacturer as well as the composition and metal quality.
It is the silver content in the ring. 988 is 98.8% silver.
Plated with 10kt gold
14K stamped on a gold ring means that the ring is made of 14 carat gold. If the stamp reads K14, it was just marked improperly.