This is a hand crafted bronze ring plated in Italian silver of the highest quality.
The intricate design features Jormungandr coiling around the Vegvisir symbol much like it does around the surface of the world. The knotwork going down the band of the ring is of the 9th century Viking art style called Oseberg
Jormungand (pronounced “YOUR-mun-gand;” Old Norse Jörmungandr, “Great Beast”), also called the "Midgard Serpent,” is a snake or dragon who lives in the ocean that surrounds Midgard, the visible world. So enormous is he that his body forms a circle around the entirety of Midgard. He’s one of the three children of Loki and the giantess Angrboða, along with Hel and Fenrir.
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.”