Out of the dozens of wedding bands I used to find with my u/w detector in Cozumel, 90% or more were new-looking men's wedding rings. I'm sure Augustus had the same experience. I always (cynically) asked myself "how many of these men bought a new ring to replace the old one?"
Once, I was training a Mexican archaeologist on how to use a detector in the shallows in front of Playa Azul Hotel. She got a hit, fanned the sand, and picked up a man's wedding band. We stood up in the shallow water and I told her that was great, but she should always re-scan a hole once she found something, just to see if there was anything else in it. She did as I suggested and found a second man's ring in the same hole.
I remember working suction dredges on a early Spanish shipwreck in the Turks and Caicos in the 1980s. One of the archaeologists working next to me swam over and pounded me on my shoulder and then showed me a man's wedding ring he indicated he just found while dredging. I looked at the ring, then picked up my slate and wrote "Where is YOUR ring???" He had found his own ring just before it went up the hose after it slipped off his finger without him knowing it.