Early 19th century cluster ring - acrostic?

I just bought this ring at a funky vintage store, which had no information about this piece. I believe it is an acrostic ring, but I have not been able to read the code yet. The stones were identified as moonstone, sapphire, ruby,quartz, garnet, chalcedony, tiger's eye, and glass. It is not marked, but the gold tests 14k. Antique jewelry is really not my field of expertise, but I am very interested in finding more about this ring. If anyone has clues or suggestions for further research, I would be most grateful!