Ring of Sacrifice

The ring of sacrifice is a consumable equip that lets you retain items upon death.

Availability
This is one of the first rings available to the player in the game. While traversing from Firelink Shrine to the Undead Berg, a corpse with loot is clearly visible from the base of the bridge. To get to this corpse either climb the stairs leading into the sewer tunnel and carefully drop off onto the grassy ledge, or line up a roll and jump over the small gap between the ledge with the staircase and the landmass supporting the bridge. From there, move forward being careful not to fall off until you get to the corpse on the other end.

General Information
Though the ring is an equip and not technically an item, it is nonetheless consumable. Upon death the wearer will retain any souls and humanity that they were carrying with them, but the ring itself will shatter. There is an upgraded version of this ring called a Rare Ring of Sacrifice, that allows the same benefits, as well as curing the curse status.