Two gemstone rings in white-toned metal

This set consists of two rings crafted in white-toned metal, which appears consistent with silver or silver-plated materials. The first ring features a large, oval, cabochon-cut gemstone that is transparent and honey-orange in color, stylistically consistent with natural or heat-treated amber. It is set in a plain, wide bezel that tapers into a thick band. The second ring, positioned in the foreground, holds a light blue, rectangular cabochon with white, swirled inclusions, which is visually consistent with Larimar. The interior of the second ring is marked with the word 'INDIA' and what appears to be a '925' stamp, which is used to indicate sterling silver. However, without a physical acid test or professional metallurgical inspection, the metal content and the authenticity of the gemstones cannot be verified. Both pieces show signs of surface wear, including fine scratches on the metal and some natural internal inclusions or sun spangles in the amber-like stone. The overall aesthetic is consistent with mid-to-late 20th-century artisan or regional jewelry. The identification of materials is based on visual characteristics and unverified markings visible in the image.

Based on the provided image and description, I have evaluated this set of two rings. The first ring features what appears to be an amber cabochon, while the second holds a blue stone visually consistent with larimar. I note the presence of an 'INDIA' and '925' stamp on the second ring, suggesting sterling silver. However, I cannot physically test the metal content or the stones from a photograph, so this attribution remains a working hypothesis. Assuming the materials are as they appear, the estimate provided reflects the general secondary market for late 20th-century artisan silver and semi-precious stone jewelry. Pieces of this type typically see modest demand, driven primarily by decorative appeal rather than collector rarity. The observed surface wear and fine scratches are typical for vintage artisan pieces and are factored into the estimate. If physical metallurgical and gemological testing were to reveal that the metal is non-precious or the stones are synthetic or glass imitations, the value would be considerably lower, likely in the $10 to $20 range. A hands-on inspection by a qualified gemologist would be required to establish the exact material composition.