The value of a class ring is determined by the metal used to make it. Many class rings are made of gold, silver or nickel.
The weight and metal of jewelry determines its price. A man's ring will usually weigh much more than a female's, and therefore may be worth more. The metal also plays a large role in the value. A high school ring is more than likely made of gold and will not be plated. A gold ring will be worth more than a nickel ring. The stones in the ring won't affect the price. They are not usually worth much money.