According to Ancestry.com Gustavus had two younger brothers at the time of the 1860 Census. Their names were Henry and Chas. (Charles)
There are two people (families) that include Gustavus in their family tree. They are the Ashley Schandelmayer Family Tree, and LMR Family Tree.
I have sent both owners of those trees internal Ancestry.com emails telling them of this thread. Again, I hope I wasn't wrong for doing so. It could take days or even weeks for either of them to answer as Ancestry.com does not send the email on to a personal address, it just holds it within the site until you come back to follow up.
Are they going to have an auction to the highest bidder among the descendants? Will the finder of the ring roll the dice to see which of the dozen descendants would get the "first chance" to buy the ring?
You involving the descendants in someone else's find goes across the line in my book. If I were the OP, I'd ask that this post--and my find--be deleted from the website. Discussion like this SHOULD NOT be happening in someone's PUBLIC finds thread ON THE BANNER.
Ethically I have thought this over for years. What to do, what to offer, what to give away, what to keep. I have come to grips with all these decisions, and made my choices, and I am comfortable with my ethics and morals now. I've had to think long and hard about these things. I want to be able to sleep at night. I encourage all detectorists to think about these ethical questions, about whose land finds were dug on, and what they will keep vs. try to return. If they think they don't need to consider those questions, they will one day find something valuable or rare enough that they'll have to think about them!
I would hope that the OP has considered these ethical questions too, and has come to his own answers. In that case, you who are trying to get him to act "your way" must remember that he has his sense of ethics, and you have yours.
But lets keep it off this thread. What the finder does is for him to decide. If it was found on private property, he might offer a reward to the owner of the property. Or not. He might choose to contact descendants. Or not. That is his choice, not yours. But it should in no way detract from his find. Or from his morality.
Although I think this type of discussion is essential to our hobby, I do not believe that this is the place for it. I believe that posts like this can reflect poorly on our hobby but that they SHOULD NOT be allowed to reflect poorly on us if they're having 15,300+ views like this one is!
It is the responsibility of the posters here to keep the replies civil, and the perception of our hobby Positive. I see that is a moral obligation FAR more important to the future of this hobby than the return of one ring lost four generations ago.
Regards,
Buckleboy