SILVER RING ID HELP NEEDED

On Sunday’s hunt I dug a small thin Sterling silver ring weighing in at only 1.28 grams. Other than the usual .925 marking it also has additional letters and numbers………P11 S 925 ALE48. I’m wondering if the ALE is the owner’s initials and the 48 maybe the date of manufacture? The “S” could mean sterling? The P11 being the design number? Any help would be appreciated.

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