ffuries: Yes, it's a skull. The crossed swords pointing down is a very interesting suggestion and they can be found in history. I hadn't considered it, thank you.
Plug N Play and JMaynard: The eBay ring and this one are the same item. The seller got a few items wrong, for instance they thought it said February '27 when the inscription inside the band actually says: "Dad" - Pop 27
The seller also described the crossed items as hammers. My very limited research results gave me the impression that crossed hammers are based on a fictitious neo-nazi organization depicted in the 1982 film Pink Floyd - The Wall. Clearly I've got work left to do.
Bruce R: I am under the impression that Veritas Vincit means:
Truth Prevails
Truth Conquers
Motto of Czechoslovakia (1990-1992), preceded and succeeded by its Czech form: pravda vítězí.
Motto of Clan Keith
I will look into your Phoenix Masonry suggestion, thanks for the tip.
Thank you, everyone, for your input, i'll update with a picture of the band engraving.