Genesis 41:42

ESV Then Pharaoh took his signet ring from his hand and put it on Joseph 's hand, and clothed him in garments of fine linen and put a gold chain about his neck.
NIV Then Pharaoh took his signet ring from his finger and put it on Joseph’s finger. He dressed him in robes of fine linen and put a gold chain around his neck.
NASB Then Pharaoh took off his signet ring from his hand and put it on Joseph’s hand, and clothed him in garments of fine linen, and put the gold necklace around his neck.
CSB Pharaoh removed his signet ring from his hand and put it on Joseph’s hand, clothed him with fine linen garments, and placed a gold chain around his neck.
NLT Then Pharaoh removed his signet ring from his hand and placed it on Joseph’s finger. He dressed him in fine linen clothing and hung a gold chain around his neck.
KJV And Pharaoh took off his ring from his hand, and put it upon Joseph's hand, and arrayed him in vestures of fine linen, and put a gold chain about his neck;
NKJV Then Pharaoh took his signet ring off his hand and put it on Joseph’s hand; and he clothed him in garments of fine linen and put a gold chain around his neck.

What does Genesis 41:42 mean?

Pharaoh has appointed Joseph to serve as his second-in-command over all the kingdom of Egypt (Genesis 41:38–41). Some scholars suggest that Joseph is being given the official Egyptian office of "vizier."

To demonstrate Joseph's new position and authority, the Pharaoh gives to Joseph his own signet ring. These were used to sign or seal documents, using a unique pattern (Genesis 38:15–18, 25–26). Joseph is also given fine clothes and a gold chain or decorative collar around his neck. Joseph would not only fill the role of Egypt's de facto ruler—the person truly in charge of the nation—he would look the part and enjoy the benefits, as well.

These steps are also important for the sake of Egyptian culture; a government official would have been expected to look a certain way. To complete this integration into society, Pharaoh will also give Joseph an Egyptian name and an Egyptian wife (Genesis 41:45).
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