That looks like the compression ring for a threadless headset.
![enter image description here](
Images by keithonearth on Wikimedia Commons, reproduced under Gnu free documentation license
More information found at Sheldon Brown
That looks like the compression ring for a threadless headset.
![enter image description here](
Images by keithonearth on Wikimedia Commons, reproduced under Gnu free documentation license
More information found at Sheldon Brown