Whoever came to see Rebbe Shmelke with outstretched palms left bearing a gift. One day, when he had not a single piece of change, he gave a beggar a ring he saw lying on the table. It belonged to his wife, who, when she heard the story, complained loudly: "How could you, didn't you know this was a valuable ring, a diamond ring?" Whereupon Shmelke ran out of the house in pursuit of the beggar, shouting: "Friend, listen, that ring is valuable! Don't let the jeweler cheat you! You mustn't sell it too cheap!"