ring

You are currently browsing the archive for the ring category.

lady luckA fancy vivid yellow diamond weighing a whopping 77.77 carats is expected to be the top lot at Sotheby’s Hong Kong, with a pre-sale estimate up to $7.7 million.

Clearly the top lot has auspicious ties to the number seven. In the Western world, seven is considered the luckiest of all numbers; many a gambler has dreamed of hitting the 7-7-7 slot machine jackpot. For potential Asian buyers, seven is a lucky number that signifies togetherness, and the yellow hue is also symbolic of royalty and power.

The “Lady Luck Diamond” boasts a VS2 clarity and a pure fancy vivid yellow, the most desirable saturation for colored diamonds. Pure yellow diamonds owe their coloration to nitrogen atoms dispersed throughout the crystal matrix, which is extremely hard to penetrate. The amount of nitrogen present determines a yellow diamond’s saturation level, which is why the more intensely saturated gems are extremely rare and valuable.

Flanked by five-carat heart-shaped diamonds on either side, the “Lady Luck” is presented as the lady luck 2centerpiece of a three-stone ring in rich 18 karat yellow gold. It can also be detached and worn as a pendant on its own.

The “Lady Luck” is sure to appeal to a wide audience of bidders later this month at Sotheby’s “Magnificent Jewels and Jadeite Sale” at the Hong Kong Convention and Exhibition Center. The auction comprises 320 lots in total, including rare colorless and colored diamonds, gemstones, and signed pieces from the Art Deco period. Total sales expected to be generated are over $100 million.

 

Tags: , , , , , , , , , , , , , , , , ,

christies green diamond

christies green diamond

A 6.13-carat fancy intense green diamond set a new per-carat record when it sold at Christie’s on May 27 for a whopping $3.6 million, or $594,510 per carat. The square cushion cut diamond is the center of a rose gold halo style ring, accentuated by natural pink diamonds.

Next to red, green is the rarest of colors found in natural diamonds. For most colored diamonds, the color comes from trace amounts of mineral impurities or extreme pressure conditions while the diamond was forming. The tight chemical structure makes it very difficult for any impurities to enter, which is why colored diamonds are exceedingly rare. Small amounts of boron in the crystal lattice structure of a diamond, for example, will impart a blue hue; same goes with nitrogen for yellow, and hydrogen for violet. What gives a diamond a green hue however, is the presence of natural radiation over millions of years. Because the radiation exposure is an external force rather than internal force (such as mineral impurities and lattice defects), it acts on the surface only. As a result, green diamonds are not green all the way through; the color is concentrated on the outer layers and tends to be weakly saturated. That is why a fancy intense green diamond, especially one of a size like this one, is almost a once-in-a-lifetime find.

This spectacular diamond joins the ranks of other recently sold, record-breaking gems at Christie’s. At their Geneva auction just last month, there were three record-breakers alone. They include ‘The Blue’, a fancy vivid blue pear shaped diamond weighing over 13 carats, a 76.5 carat light pink square-cut diamond that sold for $10.2 million, and the ‘Ocean Dream’ – a 5.5 carat, vivid blue-green diamond that went for $8.8million.

 

Tags: , , , , , , , , , , , , , , ,

jennymcJenny McCarthy is definitely not one to shy away from media! She shocked over 3 million viewers last Wednesday on live television via her morning talk show, The View by showing off a huge yellow sapphire and diamond ring and announcing her recent engagement to singer Donnie Wahlberg.

The former model, actress, one-time author and current co-host of The View was immeasurably ecstatic, jumping up and hugging co-hosts Barbara Walters and Sherri Shepherd. A slideshow of pictures of the happy couple played across the screen as Wahlberg made a surprise appearance from backstage, coming up to hug his sweetheart.

McCarthy’s bubbly and vivacious personality seems to match her engagement ring perfectly: a square brilliant cut yellow sapphire, surrounded by a halo of white diamonds set in a split shank pave white gold band. Known to be a spiritual person, she may have chosen a bright yellow stone to elicit inspiration, creativity, and optimism.jennymc

The actress and TV personality describes how Wahlberg had enlisted the help of her 11-year-old son, Evan, with the proposal. While sitting on the couch at their shared home, Evan brought out a card that said “Will” and handed it to her. He walked back into the other room, coming back with “You”. He returned a third time with a card meant to say “Marry” but spelled “Mary”. McCarthy was in laughter and tears before Donnie came out the last time, wearing a shirt imprinted, “Me?” and got down on one knee.

“Of course, I said ‘Yes,'” she related. “In that moment Evan yelled, ‘I have another dad!’ and it made all of us cry.”

McCarthy began dating the New Kids on The Block singer in May of last year. The pair plan to tie the knot sometime in August 2015.

Tags: , , , , , , , , , , , , , , , , , ,

sunset proposalMarch 20th marks Proposal Day, the day on which an estimated 50,000 couples will get engaged!

Is March 20th the day to pop the big question? Possibly, but this lesser known holiday was initially started for the purpose of giving a nudge to couples who have not yet taken the ultimate step of commitment. Interestingly enough, it was a man by the name of John Michael O’Laughlin who founded Proposal Day. After seeing his cousin being strung along for years by a boyfriend who wouldn’t commit, O’Laughlin decided enough was enough and decided to dedicate one day out of the year just for the act of proposing.

Proposal Day falls on the Vernal Equinox, one out of two days of the year on which the Earth’s North and South poles are both perpendicular to the Sun’s rays. This means that the Sun appears approximately an equal amount of time above and below the horizon at every location on Earth, so that day and night are equal lengths. O’Laughlin specifically chose the day of an equinox because he believed the equal day and night symbolized “the equal efforts of the two required to comprise a successful marriage.” The Autumnal Equinox falls about six months after March 20th, and is considered by some to be a second Proposal Day for that reason.vernal equinox

The holiday is an opportunity to start a conversation about the possibility of a future proposal, according to ProposalDay.com. Besides, nowadays couples wait longer before tying the knot; a recent poll found that roughly 27 per cent of women whose partners had popped the question dated their partner for three to five years. As an added benefit, talking to your partner about the proposal beforehand means that you can go engagement ring shopping together, which takes some pressure off of finding the perfect engagement ring!

Although it’s certainly not as widely recognized as Valentine’s Day, there are signs that Proposal Day is gaining traction. It has been creating a buzz in numerous social media outlets like Pinterest, Facebook, and Twitter and has even been featured in the national news media.

Tags: , , , , , , , , , , , , , , , , , , ,

Paul WalkerAlmost ten years ago, in the holiday season of 2004, Paul Walker happened to be in a Santa Barbara jewelry store at the same time as another couple that was browsing. That couple was Kyle and Kristen Upham, who were looking for an engagement ring. They were already secretly married in a private ceremony before his deployment to Iraq, but now he was back and wanted to get her a proper ring.

While they were browsing, the “Fast and Furious” star struck up a conversation with them. Kristen recalls when Walker found out that Kyle had just come back from his first tour in Iraq: “I remember seeing the look in his face. He kind of transformed.”

Kristen was back at the store to look at a ring she really, really liked. It featured a round brilliant center diamond, accented with baguette diamonds in the band set in white gold. At $9,000 though, it was out of her husband’s budget. They left the store empty-handed, but received a call later on from Irene King, the sales associate who had helped them, asking them to return to the store. Waiting for them was her dream ring, wrapped up and paid for in full by a mysterious benefactor. The staff at the store refused to give out any details, as per his wishes. According to King, Walker had pulled aside the store manager in private and asked to put the ring on his tab, walking out shortly after.Paul Walker

The staff kept his secret for nearly a decade, until his recent untimely death sparked the wish to share his random act of kindness in tribute to his outstanding character. A great number of Walker’s colleagues and friends in Hollywood have since spoken out about his fantastic work ethic, talent, polite demeanor and passion for charitable projects. He will always be remembered in the people whose lives he touched, and for Kyle and Kristen Upham, they will always have a reminder and a story to tell when they pass down her ring for future generations.

Tags: , , , , , , , , , , , , ,

RingThe world has set a new record never before has a ring being entirely made of a single diamond. How did they do it? Who had this crazy idea? How many carats is it and the big question is how much does it cost and who will buy it? They say diamonds are a girl’s best friend; well this one ought to provide a lifelong companionship.

The 150 carat all diamond ring was made with laser technology. Multiple tests were done to get the precision of the circle right. Special laser equipment was bought to cut the diamond directly and not alter the colour of it.  It was made by a labor of love and took a couple years in the process for making it.  Mohamed Shawesh, president and CEO of Geneva-based Shawish Jewelry was the genius and passion behind this stunning piece. “A ring made entirely of a faceted diamond has always seemed like a fantasy, It seemed impossible, so we decided to embark on the adventure of creating it. To create the perfect diamond ring is the epitome of art.” Says Mohamed Shawesh. It had been a dream of his from way back. In 2009 he sought to get the copyright to design the ring and in 2010 it was finalized but it still had a lot more time to go.

They had to go through a lengthy process of designs to get the ring to its perfect precision. Shawish speaks of this, “We had to do multiple tests with the design, to get the precision of the circle right. Diamonds are made of carbon and molecules that can change, even the colour can be altered when attempting to cut it. We had to buy special laser equipment, to cut directly into the diamond. The most important aspect is preserving the integrity of the diamond and of course the most difficult phase is precision cutting an entire stone into a ring.”

A couple years later in 2012 all the dreaming, fantasizing, and hard work has paid off. The 150 carat ring now goes for about $70 million.

Tags: , , , , , , , , , , , , , , ,

Read Part 1: Can Diamonds be Chipped?  and Part 2: Tips to Prevent Damaging Diamonds

Accidents happen. It’s hard not to get upset when your diamond gets chipped, but understand that it’s not uncommon. It is part of the risk you take when wearing jewelry; although diamonds sustain less damage in everyday wear and tear than other gemstones, they are not indestructible.

First of all, you need to evaluate the chip(s) in your diamond. How big is it relative to your diamond? Is it instantly noticeable? Is it something you can live with? Keep these questions in mind when you bring your diamond ring to a specialist for an in-depth appraisal. A Graduate Gemologist and/or certified Appraiser will be able to assess the chip(s) effect on the diamond’s structural integrity, value, and can suggest viable options based on their evaluation.

If the chip is small and lies on the girdle edge, you may be able to reset the diamond with metal covering the area of the chip. The purpose of this is two –fold: the metal will act as a barrier to protect the chip from further stress which can lead to more extensive damage, and it will also hide the chip from view. Styles such as Bezel, Half-Bezel, Bypass, or even the addition of new prongs can achieve this effect.

Another option may be to recut the diamond. This option should be considered if your stone is of high monetary or sentimental value, as the process is quite costly. Not all diamonds are good candidates for a recut however. If the stone has chips in multiple places and/or the chip is large, it may not even be considered for a recut. Similarly, a stone would not be recut if its internal inclusions pose a significant damage risk during the process. This is a very specialized area of jewelry repair that needs to be done by a diamond cutter with great care. Talk with your jeweler to see if this would be possible for your stone.

If all else fails, you may consider replacing the diamond. Depending on your insurance policy or jeweler trade-up policy, this can also be a cost-effective option.

Tags: , , , , , , , , , , , , , , , , , , , , , ,

RubyRuby is the birthstone of July and to commemorate it Elizabeth Taylor’s beautiful ring was auctioned at Christies late in 2011. She had a whole collection that hit lots of record-breaking numbers including the 8 carat ruby diamond ring which was a Christmas present given to her by her husband Richard Burton in 1968. Burton had promised the ring to be a “perfect” ruby.

A ruby is symbolized with deep passion and love, that being said it was very appropriate for Burton to promised Taylor a special ruby for their marriage. He is said to want a ruby with the perfect red colour. “But it has to be perfect,” he warned. He was true to his promise and tucked a small box in the bottom of her Christmas stocking. The box went unnoticed at first because it was so small. Taylor commented on the stone saying “It was the most perfect coloured stone I’d ever seen.”

A ruby is red corundum all other corundum’s are referred to as sapphires. Corundum is a form of aluminum oxide; it is naturally clear but can have different colours depending on impurities. Corundum’s are admired for their harness a 9.0 on the Mohs scale. A diamond tops the scale with a rating of 10. Quality hardness with a rich colour and silky shine makes a ruby so valuable. It is formed in places where two continental plates collide such as Central Asia. Ruby is named after the Latin word “ruber” for red. A ruby is one of the most expensive gems. Rubies can range in colour form pinkish to orangey and purplish to brown. The most desirable colour is a so-called “pigeon’s blood,” a pure red with a hint of blue. When buying a ruby colour is the most important feature along with clarity.

RubyThe bidders at the 2011 Christie’s auction agreed and the ruby sold for $4.2 million and set a per-carat record for a ruby at $512,925. In total Taylor’s collection of 80 pieces sold for $115.9 million which was an auction record.  Other records set during the sale were the highest price ever paid for a pearl jewel at $11.8 million, the highest price per carat for colourless diamond $8.8 million, highest price for Indian jewel $8.8million, highest price for an emerald jewel at $6.6 million and the highest price for natural pearl earrings $1.9 million.

Tags: , , , , , , , , , , , , , ,