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What an interesting find Dave. So many of the jewels sold in the auction of Princess Margaret's possessions have surfaced for re-sale over the years.

This ring was not the Princess' engagement ring, which had a central ruby surrounded by diamonds. I don't have a good photo but Maridje posted one earlier -- see http://mb.boardhost.com/historyroyaljewels/msg/1548515201.html

Here is a link to the Christie's auction https://www.christies.com/lotfinder/lot/a-ruby-and-diamond-ring-4718101-details.aspx?from=salesummery&intObjectID=4718101&sid=578c97a4-0343-4f47-af3a-ccc2633fde40