$68Million Diamond Ring


August 23rd, 2016

Now that’s a ring with some serious bling!

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The Swiss jeweler Shawish has created an eye-popping ring that’s made entirely out of one 150-carat diamond.

No gold band. Just an ounce of pure ice.

The ring, valued at approximately $68 million, was unveiled last year in London to gasps of awe.

“A ring made entirely of a faceted diamond has always seemed like a fantasy,” Mohamed Shawish, president of Geneva-based Shawish Jewellery, according to press materials. “To create the perfect diamond ring is the epitome of art.”

Conceptualizing the ring was easy — building it was the hard part.

Shawish said it took a year to get the copyright for the design and then the company had to purchase a special laser to cut the diamond into the perfect circle for the band.

“Diamonds are made of carbon and molecules that can change. Even the colour can be altered when attempting to cut it,” he said.

The question now is, who will drop that much money on a diamond ring?

In December, an Asian buyer got a comparative bargain when he bought the late actress Elizabeth Taylor’s 33.19-carat ring she received as a present from husband Richard Burton.

He paid a mere $8.8 million at Christie’s.

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