Student or Learner
There is a silver ring in Eragon's hand.
The silver shimmered, and a ghostly image of the ring materialized next to it. The two were identical except that the apparition seemed purer and glowed white-hot. [...]
The insubstantial ring vanished from Eragonís hand, leaving the circlet of silver behind.
(C. Paolini; Eragon)
Does 'the circlet' here simply mean 'the ring'?