Pink Diamond Engagement Rings

When Jeniffer Lopez received a 6.1-carat pink diamond engagement ring from Ben Affleck in 2002, this particular type of hued allotrope of carbon became premium property. Said exquisite jewelry was bought from Harry Winston for $1.2 million. Harry Winston being the famous American jeweler who owned the 45.52-carat deep-blue Hope Diamond for a decade before donating it to the Smithonian Natural History Museum in Washington, D.C. in 1963.

At the time the news of the Ben Affleck’s engagement to Jennifer Lopez hit the media like a tsunami, there was most probably a sharp rise in the share price of the Argyle diamond mine in the north of Western Australia which produced more than 90% of the world’s pink diamonds. It was definitely reported that when Ben Affleck gave Jennifer Lopez that pink diamond engagement ring, websites around the world, which sold pink diamonds, experienced a three- to four-fold increase in traffic. No statistics, however, on how many baby girls, born just after that event, who were given the name Jennifer.

The largest pink diamond in the world is the Darya-ye-Noor which is estimated to weigh between 175 and 195 carats. One carat being 20 milligrams. Its exact weight could not be determined with certitude for the simple reason that the Darya-ye-Noor had been mounted in its brooch setting for more than 130 years. It is part of the Iranian Crown Jewels which are now on display at the Central Bank of Iran in Tehran. One wonders, how many girls, named Jennifer or otherwise, would have swooned at the mere sight of the Darya-ye-Noor.

The most famous pink diamond in the world that did not really exist was probably the fictitious Pink Panther Diamond. Said Pink Panther Diamond being the object of lust of the jewel thief also known as The Pink Panther, who was pursued by Inspector Clouseau, played by Peter Sellers, in the 1963 movie named, naturally, The Pink Panther.

Another notable pink diamond is the Steinmetz Pink Diamond which weighs 59.60 carats. Said Steinmetz Pink Diamond was found in South Africa and is the largest Fancy Vivid Pink diamond in the world. It took the meticulous attention and effort of more than eight jewelers, over a period of 20 months, to create this internally flawless diamond. They made more than 50 models before even daring to take the first tentative tap on the real diamond.

The Steinmetz Pink Diamond is now on display as part of the Smithsonian’s “The Splendor of Diamonds” exhibition. The price of this particular diamond is estimated to be about 25 million. US dollars. If it is set on a ring, it would really be the Mother of all Pink Diamond Engagement Rings.

Rings, as jewelry worn on the finger, have been around for thousands of years. So much so that it is the most common current meaning of the word ring. To be accurate, it should be finger ring because there are all kinds of other rings worn as ornaments. Like arm rings and neck rings. Toilet bowl rings and collar rings are totally different subsets, though.

As a custom, the giving and wearing of rings, is a tradition dating back to nearly five thousand years. The most common ring being the wedding ring. This ring is usually worn on the fourth digit of the left hand. Thus, elevating said digit to the status of ring finger.

This particular position is derived from a sixteenth century Tudor belief that the left ring finger was connected directly by a vein to the heart. There is no solid medical evidence to prove this but there is plenty of financial evidence to prove that this practice is connected directly to many holes in the pockets. The pockets of the ring givers, that is. Not that the ring givers really minded.

As a prelude to the wedding, the engagement ring has become more or less mandatory. An engagement is a promise to marry and what better way to seal a promise than with a ring. A pink diamond engagement ring would do the job nicely. Some people may say that a simple kiss would be just as binding if it is sincere but it is hard to question the sincerity of someone who gives a pink diamond engagement ring.

This idea of an official engagement period, prior to marriage, may have been initiated in 1215 at the Fourth Latern Council headed by Pope Innocent III, which, among other things, commanded that “marriages are to be … announced publicly in the churches by the priests during a suitable and fixed time, so that if legitimate impediments exist, they may be made known.” This formal church announcement is known as banns. Said banns being totally unrelated to the bands which may or may not be present at such announcements.

Some people even practice the custom of giving promise rings. Said promise rings are pr-engagement rings. Kind of like a promise of a promise to marry. No documentary proof but there is a lurking suspicion that this kind of custom is invented by the female half of the relationship.

Generally, rings, whether the promise or engagement or wedding type, are worn by the female half of the relationship. The ring denotes a mark of ownership. It’s like telling other admirers that this particular lady has already been bespoken for. So keep your hands to yourself please. Thank you.

Betrothal rings had been in use since Roman times but was not in vogue in the Western world until the thirteenth century. There is a well-documented historical case where a promise to marry was sealed with a ring. In the imperial court of Vienna in 1477, Archduke Maximilian of Austria solemnly announced his betrothal to Mary of Burgundy by giving her a diamond engagement ring. No data on the color of the diamond, though.

Today, the pink diamond engagement ring is very much in demand. A quick google tour showed prices in the range of $10,000 and up. Two factors probably contribute to this.

One, the pink diamond is very rare compared to other colorless diamonds. At the Argyle diamond mine in the north of Western Australia, where more than 90% of the world’s pink diamonds are produced, only one in a thousand of the diamonds produced by the mine is classified as pink. Such is the demand for pink diamonds that they have been sold for up to one million dollars a carat. That means something like fifty billion dollars a kilogram, a carat being only twenty milligrams.

The other factor contributing to this hefty price tag is that a pink diamond is really beautiful. There is a kind of soft sentimental ambience to the hue. You cannot really take a long look at a pink diamond and not be overwhelmed by romantic feelings.

So, a pink diamond engagement ring is spot on to clinch the nuptial deal.

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