Very rare ring and need a little help

[gunner45]

I came across this ring the other day and am completely stumped

I'm almost 100% certain it's sterling silver but there's no markings and the gold inlays are a strong 10k,
The 14k acid barely wipes it out.
I live in Pa and the best I can come up with is a fraternity ring but the Greek letters with the ships have lead me clueless.
The weight of the ring is 19.8 grams
Any help would be greatly appreciated.
Dustin

 

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[nova treasure]

Gamma phi delta ring ?
Gamma phi Delta was founded at Jefferson College (now Washington and Jefferson) in Canonsburg, Pennsylvania, in 1848

 

[Sentrom]

Phi Gamma Delta

 

[gunner45]

I ran across that in my research but the ship and whale/dolphin threw me off. Were there different branches to this group?
Any estimate on what you think it's worth.
I appreciate the info

 

[duggap]

Maybe the ship has to do with the school rather than the fraternity. My college ring had both the school and the frat insignia on it.

 

[kray]

So what makes this ring "very rare"?
Just wondering n

 

[gunner45]

So what makes this ring "very rare"? Just wondering n

Hmm- maybe it's not
I just can't find anything at all that comes close to this exact ring. It may be custom made but my research has left me with no answers.
I was just curious since it seems to be one of a kind.