Nicolosi bought a diamond ring on credit from Rike-Kumber as an engagement present for his fiance. He

Nicolosi bought a diamond ring on credit from Rike-Kumber as an engagement present for his fiancée. He signed a purchase money security agreement giving Rike-Kumber a security interest in the ring until it was paid for. Rike-Kumber did not file a financial statement covering its security interest. Nicolosi filed for bankruptcy. The bankruptcy trustee claimed that the diamond ring was part of the bankruptcy estate because Rike- Kumber did not perfect its security interest. Rike-Kumber claimed that it had a perfected security interest in the ring. Did Rike-Kumber have to file a financing statement to perfect its security interest in the diamond ring?