With the totenkopf ring, there are literally a dozen or more inherent flaws which are very obvious when just observing the 5 rune panels alone. I'm speaking specifically to the 40's style rings, and referencing a mint example which has little or no wear to erode the flaws. Here are just a few, but certainly not all which will be present on every 40's ring band when observed closely that I'm aware of.
Let's just look at one example, that of the swastika panel. This runes is loaded with so many flaws it's unbelievable. If you have the opportunity to compare 2 different mint 40's rings side by side, these flaws become undeniable. As they are part of the master mold from which rings were made.

Would you truly see this many flaws from a ring that was die pressed or struck to produce such a design?

!5 (Custom).jpg (101.61 KB, 327 downloads)