Shirley Grande, a volunteer at the Anne Arundel Alarmers' Christmas Tree Fundraiser in Millerville, said she discovered the valuable ring while raking up debris at the lot, WJZ-TV, Baltimore, reported Thursday.
"Probably somebody had taken their gloves off to look at the tree or something and it had fallen off," Grande said.
"It definitely is a love ring. It's an intertwined ring so I would assume it meant something to somebody," she said.
Grande said she is hoping names engraved on the outside of the ring will help identify its owner.
Notable deaths of 2014 [PHOTOS]