<P> A World Series ring is an award given to Major League Baseball players who win the World Series . Since only one Commissioner's Trophy is awarded to the team, a World Series ring is an individual award that players and staff of each World Series champion team get to keep for themselves to symbolize the victory . World Series rings are uniquely commissioned by the winning team each year and presented to deserving players and staff early in the next season . The rings have been made by companies that include Jostens, Tiffany & Co., Dieges & Clust, and the L.G. Balfour Company . </P> <P> The first World Series ring was given to members of the New York Giants after winning the 1922 World Series . By the 1930s, each winning team gave their players a ring . Though the ring started off simple, usually containing only one diamond, rings over time have become more elaborate and ornate, with the 2003 World Series ring containing over 200 diamonds . </P> <P> In addition to their inherent value, World Series rings also carry additional value as sports memorabilia . A World Series ring belonging to Casey Stengel sold for $180,000 . Lenny Dykstra's 1986 World Series ring sold for over $56,000 during his bankruptcy proceedings . Other rings sold in auctions have sold for over $10,000 apiece . Replica rings given to fans have sold for as much as $300 . </P> <P> Prior to the 1922 World Series, players on the World Series - winning team were given keepsakes, such as a pin or pocketwatch fob . The first World Series ring was given to the members of the New York Giants following their victory in the 1922 World Series over the New York Yankees . When the Yankees won the 1923 World Series, players were given a commemorative pocketwatch . The Yankees first gave rings to their players following the 1927 World Series . Rings became an annual tradition in the 1930s, as every World Series - winning team has given rings to its players since 1932 . In past years, players often requested other items in place of rings, including cufflinks and tie clips . Frankie Crosetti and Tommy Henrich requested shotguns from the Yankees following World Series championships . Grover Cleveland Alexander reportedly pawned his 1926 World Series ring . </P>

What mlb player has won the most world series