This elegant toe ring is of heavy, cast silver alloy, and in the form of a betel or paan leaf. It was won on the middle toe, lying flat over the foot, with the finial pointing upwards.
Related examples are illustrated in Gerlach (1971, p. 127), Untracht (1997, p. 277) and Barnard (2008, p. 38).
References
Barnard, N., Indian Jewellery, V&A Publishing, 2008.
Gerlach, M. (ed.), Primitive and Folk Jewelry, (originally published in 1906), Dover Publications, 1971.
Untracht, O., Traditional Jewelry of India, Thames & Hudson, 1997.