The ring would only cost 12,000 gold actually. For a Use-Activated/Continuous item, its Spell level x caster level x 2000 gp. 2nd level spell x minimum caster level of 3rd = 12000gp. If you want more range, yeah, price will go up. Still, its not terribly expensive for what you get.<br/><br/>DMG pg 285 for magic item creation rules.<br/><br/><br/>And I was not aware this was a Pathfinder game... Calrond seems to have been merely allowing Pathfinder supplements as he said its so similar to 3.5. To further add to this, he let me create of my magic items using the above rules on page 285.