One of Mr Stott's closest friends, Mac Passmore (32), of Dunedin, used his jewellery design talents to create the rings as a permanent memorial to "Stotty" while also raising money for Wanaka Land Search and Rescue.
Mr Passmore owns ring business Mad Bling as a part-time "hobby" with Aucklander Dave Black, also a long-time friend of Mr Stott's. They designed the rings, which are made mostly out of tungsten carbide - one of the hardest, densest metals in the world.
"In 100 years it will still look like it does today ... it lasts so long that whoever knew Stotty quite well can wear it and the ring will outlast us all by a mile," Mr Passmore said.
His ring tribute was inspired by a saying about people dying three deaths - "One when you actually die, one when your body decomposes and one where someone speaks your name for the last time" - and the idea that the rings' longevity would help keep Mr Stott's memory alive.
"I thought if someone's always talking of him, then that would be pretty cool because he'd never be forgotten ... [the rings are] a reason to bring him up again."
Acknowledging and thanking the search and rescue volunteers who helped locate the helicopter's wreckage was also an important part of the project.
There are 31 men's rings and 31 women's rings in the collection, all individually numbered for each year Mr Stott lived.
An inscription inside features an image of a helicopter and the words "Stotty - Legend".
More than half the rings have been sold, mostly to Mr Stott's family and close friends.
Mr Stott, a Wanaka Helicopters flight instructor, and Marcus Hoogvliet (21), of Queenstown, a licensed pilot training for his commercial licence, are believed to have died on impact when their Robinson 22 went down at the head of the Arawhata River, south of Bow Peak, during a flight from Haast on April 27.
