Looks like a spacer for a threaded fork.Please help me identify what this ring is. Looks like maybe a race of some kind? I only ride road bikes if that helps narrow it down. No clue where it came from, but it's nice and shiny.
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"Made in Romania" hey I'm not making that up, it really is. That should add at least another 20 bucks.Good research/memory.
To the OP: I would put that part on ebay and use words like "vintage" and "rare" in the write-up. Start the bidding at $50