Tag Archives: gianpaolo

Two Letters on a Ring

An old Kodak came in with its back jammed shut. When we finally forced it open, there was something hidden inside — and no one will ever know who put it there.

By Leslie Gordon · Richmond, BC · October 2026
From the counter at The Pound & The Provenance

It started with a camera that wouldn’t open. A No. 3 Folding Pocket Kodak, Model H — Rochester, New York, somewhere around 1911 to 1915 — the handsome old folding kind, with black leather over the body and deep red bellows that pleat out like an accordion. A proper hundred-year-old camera. And its back was stuck.

Not sticky. Stuck. The back panel, the part that comes off to load the film, was pushed partway out and would not move. It wouldn’t come out the rest of the way. It wouldn’t go back in. I’ve opened a great many old cameras and I had never felt one fight like this. Something was wedged in there.

When we finally got it open — and it took some doing — this is what was waiting inside the film chamber: a little wooden case, wrapped up in a dark red man’s handkerchief. Someone had hidden it in there deliberately, pushed the back cover of it to close it, and the two had been locked together so long and so tight that the camera had all but sealed itself shut around its secret.

Inside the little wooden case was a ring.

What the ring was

It looked, at first, like a heavy novelty ring. Gold, chunky, a little strange. But turn it over and there were numbers and dials worked right into the band — tiny aperture stops, shutter speeds. Not a ring pretending to be interesting. A real, working subminiature camera, built to be worn on a finger. A camera, in other words, hidden inside another camera.

What it did not have was a name. No tidy maker’s plaque, no note tucked in with it to say who or why. Just a mark cut into the band and the storage cylinder:

GF 81 ITALY Maker’s initials · Year · Country

Two letters, a year, a country. That’s the whole of what the ring would tell me outright. GF for whoever made it. 81 for 1981. ITALY for where. And a number — this one is 9 of 20 — meaning it belonged to a numbered edition, something made in a deliberately small run rather than by the thousand.

Which already raised a quiet little problem. The camera it was hidden inside is from about 1911. The ring is from 1981. Seventy years apart. Whoever did the hiding did it in my lifetime, not in some sepia past — chose an antique camera, three generations old even then, as the place to tuck something away. I find I can’t stop thinking about that, and I have no way to know the rest of it.

The hunch

Here is the part I’ll be honest about, because honesty is the whole job. I had a feeling about those two letters. Not evidence — a feeling, the kind you get after enough years of handling things. I was fairly sure GF stood for a particular maker. But a feeling is not something you can put on a tag or tell a buyer. In this trade, “I know it in my heart” and “I can prove it” are two different objects, and only one of them is worth money.

So the rule I hold to is simple: follow the marks until they either confirm the hunch or kill it. The marks are allowed to lead. The hunch is not.

The marks led somewhere.

What the marks confirmed

It turns out there is a documented record for exactly this object. The first ring camera of its kind was made in Italy in 1981, in an edition of just twenty pieces, gold-plated and numbered 001 through 020. The two letters cut into the band are the initials of the man who made it: Gianpaolo Ferro.

Everything on the ring lines up with that record — the GF, the 81, the Italy, the number inside a run of twenty. The hunch and the documentation arrived at the same door at the same time. That’s the moment a feeling becomes a fact you’re allowed to say out loud.

Ferro went on to make other versions over the following years, but only ever 107 of these ring cameras across his whole career, start to finish. Twenty of them were that first 1981 batch. This is one of those twenty.

What the ring is

Maker Gianpaolo Ferro, Italy ModelGF81 ring camera Year1981 EditionNo. 9 of 20 Finish Gold-plated Function Working subminiature camera — real aperture & shutter settings

Why a camera in a ring

The idea isn’t as far-fetched as it sounds. For most of the twentieth century, if you needed to photograph something and could not be seen doing it, the camera had to disappear. It went inside matchboxes, cigarette cases, pocket watches, wristwatches — and, yes, gold rings. The whole craft was making the machine vanish into an ordinary object.

So a camera worn on a finger belongs, at least in spirit, in a Cold War spy story. I want to be careful with that, the way I’d want any dealer to be careful with me: I can’t tell you this particular ring was ever carried by an agent or used in the field. What I can tell you is what it is — a genuine, working, finger-worn camera from 1981 — and let the imagination do the rest.

What we’ll never know

Here is the part I can’t answer, and won’t pretend to. I don’t know who hid the ring inside that camera. I don’t know why. I don’t know whether it was squirrelled away from a thief, a spouse, a government, or simply from the ordinary forgetfulness of a crowded drawer. I don’t know whose dark red handkerchief that was, or whether the person who wrapped it meant to come back for it and never did.

And I’ve decided I’m glad I don’t. A dealer is always tempted to tidy a story up — to supply the ending the object seems to be asking for. But the honest version is better than any I could invent: a working spy camera, sealed for who-knows-how-long inside a hundred-year-old Kodak, wrapped in a stranger’s handkerchief, and no one left to tell us the rest. The mystery is the inheritance. I’m the one who happened to open the box.

What I can say, I’ve said plainly — and every word of it is first-hand. The camera that wouldn’t open. The forcing of it. The little wooden case and the red handkerchief. And two letters that, followed patiently, turned out to name a man and a year. If I’d shelved the ring as a novelty, GF would have stayed GF (and meant gold-filled). The whole difference between “odd gold ring” and “documented 1981 Ferro, nine of twenty” was treating a small thing as a question worth asking.

That’s the quiet pleasure of this work. The thing in your hand is always trying to tell you what it is. Most days it manages only a word or two. My job is to take the word or two seriously enough to find out what it was trying to say — and to know when to stop, and let the rest stay a mystery.

Going to auction…

This one is at Harrington’s

Not ours to sell this time — the ring is consigned to Harrington’s Fine Jewellery Auction, and it goes to the block with its little wooden case.

Lot 92, closing Friday, October 16.

Phone 1-800-359-9021
bid.harringtonsauctions.com — search “spy camera ring,” Lot 92

A spy camera that turned out to be real — hiding, all along, behind two little letters.

Leslie · The Pound & the Provenance · 778-708-0454