Athena with helmet , Angel holding spear on other side

my Father found this Ring one day

it has the face of Athena on 1 side with helmet on

on the other side it has a Angel holding a Spear

there is writing on the side with the angel under where the ring is located
it seems to say AAEEAN0POY

 

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another pic

 

this Picture has the Same writing as on my coin inside the ring if it helps anyone out

 

could the Angel be Nike the goddess of Victory ??

 

They are jeweler's approximations of gold coins of Alexander the Great, or one of many people after him who continued issuing the type in his name. The ring's reverse is particularly fanciful. I have cropped and joined your images for ease of viewing:



The "obverse" is Athena and the "reverse" is Nike.

Here's an example of the coin which inspired your ring (there are many variations of these coins):

From CNG's archives:



The pendant/charm you showed,



is also inspired by these coins. AΛΕΞΑΝΔPOY = "Alexander"

 

thank you for the information

so the coin inside of the ring is "Fake" then ?? its modern and not Ancient??

I know the ring is Modern .. but the coin is also ?