Is 18ktp gold
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The ring could be worth $200.
It's the purity of the gold, as a decimal fraction. .9999 means the ring is 99.99% pure. That surprises me a bit, though, because jewelry is normally not made of gold that fine because it would be too soft for normal wearing.
i have a julius 10k gold ring with black onyx
10kt jewelry is not worth as much as 14 kt gold. But the worth is determined also by the amount of grams.
That depends upon what the ring weighs, but I can tell you that gold prices at the present time (2012) are extremely high. Any gold ring is valuable.