He gave it to Aldous.
"It wasn't deep," he said.

"It was shallow, turribly shallow, Johnny--just under the stone!" His voice was husky and unnatural.
There was something heavy in the handkerchief, and a shudder passed through Aldous as he placed it on the palm of his hand and unveiled its contents.
He could not repress an exclamation when he saw what MacDonald had brought.
In his hand, with a single thickness of the wet handkerchief between the objects and his flesh, lay a watch and a ring.

The watch was of gold.

It was tarnished, but he could see there were initials, which he could not make out, engraved on the back of the case.

The ring, too, was of gold.