“Back in the days of Prohibition where alcohol was illegal and flapper dresses were the newest fashion statement, the speakeasy was the place to go. Only the elite and wealthy had access to these secret parties. They would doll up in their finest and venture to underground rooms where the fashion was fabulous and the alcohol, aplenty.
Status seekers, the women would parade around showing off massive rings as they held up their illegal and oh so desirable ‘cocktail’ of brandy. Hence, the cocktail ring! It was all about prestige.”
For more on the history of fashion, check out this other excellent blog, The Fashion Historian.