You read it right. It is a ring.
I stared at it for about a minute trying to figure out how this Gareth Pugh silver plated clove ring became the ring we all know. It looks like Captain Hook's hook, the undertaker's staff or a surgical device. Before my imagination gets me anywhere, it was nice of Luisa Via Roma to show how to wear this very unique accessory.
Click on the jump to see.
This is the proper way of wearing the "ring".
Looks creepier when worn. You can have this for $169.10.