The Eldar Futhark runes are a set of 24 characters that were predominantly used between 100 and 800 AD, by the Norse Viking as well as other Germanic people. Runes were carved into various materials including stone, bone, wood and metal.
The Vegvisir (Icelandic Vegvísir, “That Which Shows the Way;” pronounced “VEGG-vee-seer”) is a symbol found only in one modern Icelandic collection of spells, the so-called Huld manuscript. That book has nothing more than this one sentence to say about it: “If this sign is carried, one will never lose one’s way in storms or bad weather, even when the way is not known.”
This ring has a Vegvisir on the centre and has runes that decrease in size as the go around the band away from the symbol.