Kellogg's
PEP Cereal Babe Ruth Toy Ring - c1949-51
The plastic Babe Ruth toy ring was one of a 16 Ring set, featuring sports, aviation and Wild West themes.
The one size fits all, premium Ring was inserted into boxes of Kellogg's PEP Cereal, and came in 6 different colors; Red, Blue, Green, Pink, Gold, Silver.
Finding the cereal box intact for a fair price was a challenge - many are asking way too much IMO.
On the rings - it would be my anecdotal opinion that the "pink" was the toughest since I'm sure most boys tossed it when finding it in the box?
Besides the 6 basic ring colors, there's variations in color to the Ruth inset and also some variation to the plastic - besides the deep red e.g., there's also one that looks more like a red cough drop.
Cereal box:
Some of the rings are the same due to the fact that sometimes the ring will look different in the pic on eBay.
I'm sure it takes a bit of insanity to chase variations to these rings?
The ring measures about 9/16" in diameter, with 1/8" - wide shanks and a 5/8" square display table, with a 1/2" diameter cello inlay picturing Babe Ruth.