After the defeat of the Horned King, Gwydion gave a gift to each of the Companions, observing: "These are small gifts for great valor." Eilonwy was the fourth (of five) to receive her present, to which the Son of Don added: "It is precious; but to me her friendship is even more precious." The gemstone was "carved by the ancient craftsmen of the Fair Folk". Orddu would later observe that the ring was as pretty as Eilonwy herself, though much older.