looks more flat than hammered...the hammering is subtle. beautiful craftsmanship.
Stone looks faceted, and with more color variety in the photo, it is not. A deep blue cabochon is more like it.
That being said, it is quite pretty and fits perfectly!
Llama merchandise makes me smile, so I couldn't resist buying this adorable and well-made detailed silver ring with a small lapis lazuli. The llama is petite but just the right size for my slender fingers.