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I have something similar to that.
It is a 'Diamond Weddingband', and it can't be locked down, and it is not blessed.
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Askeroth, what you're describing is an old player-made weddingband. They were newbied when they were made. The most commonly traded ones are the ones with multiple gems or tree ornament versions.
Seer/Counselor given wedding rings usually could be either gold or silver and had whatever inscription the wedding couple asked for, if the official agreed to it. Usually people requested silver rings, as there were no normally obtainable silver rings at the time.
For the Magic Moments program, I believe the inscriptions were selected from a preset list of possible choices. Most, if not all, included the player's names in the inscriptions. The list is probably still on the website's list of updates somewhere. I believe the bottom ring is a Magic Moment's ring. It unfortunately has a name on it of someone I don't know.
It only cost me 50k in an auction. (and people laughed at me for buying it..)