it is a ring that is real and old
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the GF stands for GOLD FILLED
A 10K GML marked ring would typically indicate that the ring is made of 10 karat gold-filled metal. The value of the ring would depend on factors such as the weight of the gold, current market prices for gold, and any additional features or gemstones on the ring. It's recommended to have the ring appraised by a professional jeweler to determine its exact value.
I believe 10K FG means 10 Caret Fine Gold.
I don't know what you mean by, "better", but 10K has less gold in it than 14K does. By the way, 24K gold is more or less pure gold.
What do gmi on 10k gold