"So do I. In fact, I have no doubt whatever that it is a B."
"But the nobleman you mentioned would have had R for his initial."
"Exactly! That's the beauty of it. He owned this curious object, and yet he had someone else's initials upon it. Why did he do this?"
"I can't imagine; can you?"
"Well, I might, perhaps, guess. Do you observe something drawn a little farther along the rim?"
"I should say it was a crown."
"It is undoubtedly a crown; but if you examine it in a good light, you will convince yourself that it is not an ordinary crown. It is a heraldic crown—a badge of rank, and it consists of an alternation of four pearls and strawberry leaves, the proper badge of a marquis. We may infer, therefore, that the person whose initials end in B was entitled to wear that coronet."
"Then this common leather filler belonged to a marquis?"
Dacre gave a peculiar smile.
"Or to some member of the family of a marquis," said he. "So much we have clearly gathered from this engraved rim."