Karen Price Liebisch, who attended Cincinnati's Colerain High School but took career center classes at Northwest High School, said she lost track of the Northwest High School ring when her family moved houses in 1975, a few weeks before graduation, The Cincinnati Enquirer reported Friday.
Liebisch, who lives in Kentucky, said she was shocked when she recently received a letter from the school saying her ring had been found and the finder wanted to return it.
Earl Corson of Harrison, Ohio, said he found the ring in the water about 20 years ago while walking with his metal detector at Indiana's Brookville Lake. He said he recently came across the ring again while cleaning out a drawer filled with items he found with the metal detector.
Liebisch said she recently made the trip to Northwest High School to reclaim the ring.
"It only fits my pinkie now," she said. "But it is beautiful. I am going to have it resized and I plan to wear it. Thank you so much.
"It's nice to find a piece of your past like this," Liebisch said. "It had a lot of good memories attached to it and I am really happy to have it back."
Notable deaths of 2014 [PHOTOS]
UPI Almanac for Sunday, Sept. 21, 2014