While of little gameplay use (except for very early in game, where it is given for free), it still provides a healthy bonus to Magic Find, Gold Find and movement speed, which cannot normally roll on a ring.
Stats (Level 8)Edit
"Uncle Deckard gave me this ring before our first exploration of the ruins in the Festering Woods. He said that it would protect me, and for a time, it did. I always intended to return it to him" — Leah's Journal