The Fake Wedding Ring is an item in Fable and Fable: The Lost Chapters. It is obviously a replica of a Wedding Ring. It can't be used for a lot and can only be given to a person. It will not, however, allow you to marry them as it is an obvious fake.
Notes:
- The ring is probably intended as a sort of con, probably for a Hero early in the game trying to buy a ring and not having enough money for a real one, due to its being useless for anything apart from making someone like you less.