A ruby engagement band, which comes in two sizes and comes in a variety of colors, is a special engagement ring made by one of the world’s biggest gem companies.
It’s also the most expensive one to buy.
But when you buy it online, the cost is a whopping $500.
You get a ring with a gold and platinum trim, a rose gold ring and a rose diamond ring, and a ring that is just a shade darker than a gold or platinum ring.
The ring is one of a new class of ring that has caught the eye of Australian jewellers.
A gemologist from the University of Queensland, Dr Ian MacGregor, said that the ring cost was due to the fact that the gold is not in the shape that it normally is.
“There is less material, so the diamond does not have the strength to hold up to the force of the hammer as the gold does,” Dr MacGregar said.
“The reason for that is the thickness of the diamond is also smaller than the thickness and the materials used in the ring.”
When the ring is cut it is the shape of the gold that is in the cut, and not the material.
“That is one thing that makes it more expensive, but it is not necessarily a bad thing.”
A few years ago, when Dr Macgregor first started researching engagement rings and diamonds, he discovered that ring design was becoming more popular in Australia, so he started looking into the pricing of these different types of rings.
“So I decided to look at what is the cheapest and what is still on the market that is still popular,” he said.
The result is the new class that is being offered for purchase online, but the cost can be as high as $500 for a ruby ring, or up to $500,000 for a rose ring.
Dr MacGregin said that there were two main reasons that this new class was so popular.
“Firstly, it is a brand that is well known to the public, it has a strong brand image and secondly, the ring can be used as a wedding ring or a ring engagement ring,” he explained.
“It is not uncommon for people to spend more money on an engagement ring than a wedding band, but if you want a very fancy ring it can be expensive, so there is a benefit in having a diamond engagement band.”
Secondly, the colour is not the only thing that determines the cost of an engagement band,” he continued.”
Many people think that the diamond colour will give a ring the look that it needs, but that doesn’t necessarily happen.
“If you have a dark colour, it will be difficult to cut through the stone and therefore it won’t hold up very well to the hammer.”
What it does do is it helps to accentuate the shape and it is an important factor in making the engagement ring look more polished and more elegant than a simple rose ring.
“Dr Macgregar said that most people were happy with the price tag of their rings, but they were concerned that they might not like it once they got them.”
People don’t always realise the difference between the prices of the rings and the price of diamonds, so they tend to go for the diamond ring,” DrMacGregor said.
But there are other factors that can influence the price, including whether the ring you buy is in a colour that is not traditionally available in Australia.”
One of the reasons why it is becoming popular is that there are many more people in the world with an interest in jewelry and this is a new trend in terms of people coming to Australia and buying a ring for themselves,” Dr McGregor added.”
But there is also the issue of affordability.
“Ring designers are finding that many people who have not seen or heard of diamond engagement rings do not want to pay as much money for a ring, but then the diamond can be a bit expensive when you purchase it online.”
If you’re planning on having your first wedding in 2018, Dr Mac Gregor recommends you do a quick search online to see what rings are available to buy online.
“We have some fantastic rings for sale online at $200 a pop,” he advised.
“For a ring from $500 or less it is still going to cost a little more than buying one directly from the company.”
Then you can pick out a ring of a different colour and you can then make a decision whether you want it or not.