Know what you mean about different reactions from those we return rings to. The two I've returned that stand out the most was by far the largest class ring I've ever seen and one the owner didn't know was lost. The large ring belonged to a black guy who's mom raised him and his brother by taking in washing, cleaning houses and ironing clothes for people. They were very poor, his mom was a widow with no education and couldn't afford the ring but he said she borrowed the money to buy it and paid it off by working 16 hours a day and making from $3 to $10 a month payments on it. His younger brother lost the ring in the end zone of a local football field, and he said his mom beat the crap out of both of them even though they were pretty much grown. The guy had got a football scholarship to the University of MS, but had graduated and was getting an associate degree in something connected with law enforcement. He was a big man, something like 6' 5" and 275 lbs, but tears ran down his cheeks when I gave the ring to him. Bad part was he let his girlfriend wear it and she lost it on the campus at Old Miss less than two weeks after I returned it and he never got it back.
The other one was a lady who is a nurse at the Tupelo, MS hospital. I found her ring in a playground at a school in Tupelo, called the school she went to in another town to find who it belonged to, then got her number and called her. She said her ring wasn't lost, that it was in her jewelry box, had been for years and was very adamant about it. I asked her to check to make sure, she looked and when she came back to the phone she demanded to know how I got her ring. I had already told her how and where I found it, but she didn't believe I found it with a detector and was highly tee'd off. I told her where I lived and if she wanted it she could come get it. When she came she pulled in my neighbors driveway, called me on her cellphone and wouldn't come in my yard. She was still mad, and kept pushing a $20 bill at me but did tell me her 8 year old daughter had taken the ring to school and lost it. I didn't take her money, I've only taken money once for finding jewelry and only then because the guy wadded up a 20 and threw it in my truck window as I was leaving because I refused $100. The ring I returned that time was the biggest ring I've seen, a huge 18 kt with 1.5 kts of diamonds that he said cost him almost $1,600 in the early 1970's.
Except for the two broken rings, actually only pieces as I mentioned in the above post, I've returned all the class rings I've found but three, counting the one I found today. One I still have belongs to a guy from here who moved to California about 30 years ago. I've called his family here four times about giving it to them or getting his address so I can send it to him, but they keep saying keep it until he comes to visit and he'll come pick it up, but I've had it about 10 years now and evidently he hasn't come to visit yet. The other one is from a school in Louisiana and has two dates on it, 1968 and 1973. I called the school twice, talked to different people both times and was told the ring was from the year the school was built and that all the records were destroyed in a fire and there was little to no chance of finding the owner.