Pretty diamond head ring set with white seed pearls and three small red rubies.
Round yellow shank.
Has two sets of marks , the later being for 15 ct gold, Birmingham assay office, 1922.
That was probably when the shank was enlarged or replaced.
It also has a registered design mark . It really is too small to make out the information contained in  it. 
These registered design marks ran from 1842 to 1883 and provided protection for the design for 3 years from the date of registration. 
This ring looks to date around 1850.Size UK K1/2 ( US 5 3/8) sizeable.
Weight 1.98 gms