Both of the ring's effects are constant 10 points on self:
Rayna Drolan, the subject of a bet between the deities Azura and Sheogorath has been alone in a remote shack for almost a hundred years to determine whether isolation leads to a meditative state or madness. While at the Shrine of Azura, the Nerevarine learns that Sheogorath has sent Daedra to sway the outcome of the bet. Upon travelling to the shack and slaying the offenders, this ring is found on the finger of Staada, the Golden Saint leader of Sheogorath's forces.
- Sheogorath's Signet Ring is among the five most valuable items of clothing in Morrowind, all of which are rings. At 30,000 gold it is equal to the Blood Ring, Heart Ring, and Soul Ring artifacts. Only the Vampiric Ring is worth more, with a value of 32,000 gold.