I saw the cutest fondant rings.. any idea how to make them? or does anyone have a pattern??

I saw them on a site and tried it. I'm pretty sure that the gems are made with a mold, which I didn't have. Ijust cut out the gem shape I wanted and attached it to a silver rectangle then made a the band and attached it all together. Then I painted the gem with super pearl and the ring with silver lustre dust.

fondant or a small piece of shaped cake?

Sorry, all with fondant. i saw them on kimberly fullerton's website. here is one i did. It's not as good as her's but I think it's cute.

I truly appreciate it and your ring is beautiful!! got any more pix?

Here's one more. If you haven't seen her site it's www.kimberlyfullerton.com . She has some awsome things there. It may give you some ideas.