Obviously a luftwaffen soldiers souvenir reflecting his service in the legion condor - the ring reflects the luftwaffen eagle with a "LC"(Legion condor) and the number 88 which represents Fighter Group 88(Geschwader 88) which served in Spain. There is a maker mark on the ring. - this same type of ring is reflected in Roger Bender,s book Uniforms,Organization and History Legion Condor.
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