engagement rings

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A space rock containing over 100 million tons of platinum at its core was seen flying within 1.5 million miles of the Earth this past weekend, sparking interest in the future of space mining.

platinum asteroid

This asteroid “2011 UW-158” flyby was captured by the Slooh online observatory, using a team of telescopes located in the Canary Islands. Two live feeds were provided; one long range that showed the asteroid moving across the viewing field visible as a small white spec, the other a close up centered on the asteroid. Commentary was provided by both Slooh astronomer Bob Berman, and host Eric Edelman.

plat asteroid

A special guest appearance was made by Planetary Resources President Chris Lewicki. Planetary Resources is an asteroid mining venture – that counts Google founders Larry Page and Eric Schmidt among its backers – has its sights set on the 2011 UW-158. Due to the (relatively) close proximity of the asteroid, which is approximately six times farther than the Moon but 60 times closer than the next nearest planet, Venus, it has sparked a renewed interest in the viability of space mining.

The company has calculated the asteroid to contain about 100 million tons of pure platinum, approximately $5.4 trillion dollars’ worth. While they have also been tracking similar asteroids in our solar system, this is the one that has come the closest to the Earth.

Officials from NASA believe that futuristic space mining may be feasible as early as 2025. Asteroids would be “captured” and brought into orbit of our Moon, where space miners would be able to collect resources. NASA states that the elements present in asteroids, such as rocket fuel and water, could be gathered by future generations in the quest to explore more of our solar system.

 

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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.

 

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WomenFor the second year in a row, Hearts on Fire has sponsored ELLE Magazine’s Women in Television celebratory dinner. Hosted by Editor-in-chief Robbie Myers, the star-studded event welcomed more than a hundred of the industry’s top talent and executives in an intimate setting, perfect for showcasing the brand’s sparkling diamonds.

The brand is no stranger to Hollywood. Many showstopping Hearts on Fire pieces have been spotted on the red carpet by actresses from several hit shows including Malin Ackerman (Trophy Wife), Emma Roberts (American Horror Story), Maria Menounos (Extra), and Sarah Rafferty (Suits). The most notable actress in attendance was perhaps Morena Baccarin, star of the Emmy award-winning Homeland. She is also the face of the newest Hearts on Fire campaign, the first ever celebrity collaboration. Of the brand she says, “I had the opportunity to wear Hearts On Fire jewelry on the red carpet and just loved the way their diamonds made me look and feel. The quality and sparkle of Hearts On Fire diamonds is truly unmatched, and I am really excited to represent the brand.”

The highlight of the event was over $15 million worth of Hearts on Fire perfectly cut diamonds spread out on the dinner tables, where more stars were able to try on and touch the jewelry pieces.morena b

Hearts on Fire is The World’s Most Perfectly Cut Diamond. Founded in 1996, the brand was built around one simple idea: to create the most beautiful diamonds ever seen. From start to finish, they have always focused on striving for perfection – from the selection of rough, to proprietary cutting and polishing processes. They have since become the fastest-growing diamond brand in the world, and have established a new industry standard for diamond cutting. Visit their website http://www.heartsonfire.com/ to get a peek into what they do and for a list of authorized retailers near you.

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A StoreShopping for engagement rings can be a highly emotional and daunting task. Jewelry stores can be intimidating. Don’t be put off by the seemingly endless styles and confusing prices. Let’s make it easier and break it down. Once you have an idea of what is important to you, find a reputable jeweler that you trust, preferably with gemmological qualifications, who can source stones and who works with a good goldsmith so that you can guarantee good product and service. It is well worth spending the time to find the right retailer as this ring is for life, not just for the proposal, and just as any other long wearing item, it will need upkeep – claws that hold the stone in place will need tightening, white gold will need rhodium plating, polishing, cleaning, resizing, insurance validations are all things you may need to follow up with.

So what variables do you need to consider to make your shopping experience easier? Take a note of your priority in each category and bring the list with you when browsing:

The fundamentals are Style and Material. Here we will focus on diamond engagement rings only.

1: STYLE:

  • 1 stone is called a solitaire, it is very popular – it says “you are the one and only”.
  • 3 stone rings stand for “I Love You” or “Then, Now, Always”.
  • Other designs are less conventional but always beautiful: the halo design is a single stone surrounded by a ring of smaller stones. This can look stunning if they are all diamonds as it makes the overall effect of a larger diamond, also if the centre stone is coloured, the halo frames that stone and makes it really stand out.
  • When diamonds are set in a line either part or all the way around the ring in a band, then this is called an eternity ring. This is popular when the knuckles are larger than the base of the finger and your rings tend to spin around, it is a more popular choice as the wedding band.

2: METAL:

Depending on skin tone and preference there are silver and golden coloured metals.

  • Silver is very soft and not very appropriate for setting precious stones.Ring Styles
  • White gold is a good alternative. The higher the carat value, the more gold content, and the higher the price. More gold usually means softer, except for 19K which has a different alloy and is extremely hard, and does not need rhodium plating as often. Gold will always want to revert to its original yellow, so over time a 14K gold ring will tarnish and need plating every 2 years or so to bring it back to the bright white, and of course when you do this the ring will look brand new again! Rhodium plating typically costs $60, so keep this in mind when purchasing.
  • Platinum is the hardest and whitest of the white metals. It does not scratch as easily as gold and will never need plating. However, over time, with constant wear, the ring will eventually collect scratches. As the metal is harder, normal jewelry polishing wheels at retail shops may not be able to polish off all marks.
  • Yellow and rose gold will have more colour with higher carat value, but will be softer.

 

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