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I have only recently started an apprentiship in goldsmithing but i belive it refers to the percentage of gold withing the ring as in 18 karat or 24 karat but the number means it is 96.9 percent pure gold wichh is a high percentage. sterling is 92.5 percent so you have a sterling gold ring there my friend :)

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15y ago

What else can I help you with?