John Chrysostom
Since he was accompanied by God, the Lord orchestrated everything and elevated him to this level of glory.
And he took his ring from his own hand, and gave it into his hand: and he put upon him a robe of silk, and put a chain of gold about his neck.
וַיָּ֨סַר פַּרְעֹ֤ה אֶת־טַבַּעְתּוֹ֙ מֵעַ֣ל יָד֔וֹ וַיִּתֵּ֥ן אֹתָ֖הּ עַל־יַ֣ד יוֹסֵ֑ף וַיַּלְבֵּ֤שׁ אֹתוֹ֙ בִּגְדֵי־שֵׁ֔שׁ וַיָּ֛שֶׂם רְבִ֥ד הַזָּהָ֖ב עַל־צַוָּארֽוֹ׃
4 Church Fathers comment on this verse
Since he was accompanied by God, the Lord orchestrated everything and elevated him to this level of glory.
Pharaoh entrusted Joseph with dominion over his entire realm and bestowed upon him the royal ring used to seal the treasures of the kingdom. In a public display before all the citizens, Pharaoh placed this ring—something never before offered to any Egyptian—onto Joseph's finger. Along with the signet, Joseph was granted authority over all matters within the kingdom.
I believe Joseph was worthy of sacramental recognition for his reflections on sacred matters. What does the meaning of the ring placed on his finger represent, if not his appointment to the esteemed priesthood of faith, enabling him to impart that faith to others? The garments, symbols of wisdom, can be understood as the distinction of wisdom granted to him by the divine King. The golden chain suggests a virtuous mind, while the chariot represents the utmost level of achievement.
The removal of his ring symbolized a transfer of authority. In a similar manner, Artaxerxes presented a ring to Mardochaeus (Esther 8:2). In ancient times, a ring represented not only a position of honor but often denoted ultimate power. For instance, before his demise, Alexander bestowed his ring upon Perdiccas, indicating his choice of successor (Curt. L X, pp. 5, 6). The garments made from linen were described by Pliny (N. N. L. XIX, p. 1) and Pollux (nomast. L. VII, p. 17) as being crafted from a delicate fibrous material obtained from the nuts of a particular plant. Even today, in Eastern traditions, it is common for a ruler to gift clothing as a sign of particular favor or to appoint someone to a significant role.
Passages read together with this verse.