An engagement ring should be as unique as you are. A gemstone ruby ring can have more sentimental value than a diamond ring, depending on the person.
New York, New York (PRWEB) May 31, 2012
Many would hardly believe that gemstone engagement rings are trend at all. In fact, Mark Zuckerberg shocked the internet audience when he gave his wife Priscilla Chan a ruby engagement ring in May of 2012. Users took to Facebook and Twitter to comment on how the choice of a ruby ring fell short of what they thought the social media mogul would have his wife show off.
However, Zuckerberg's choice in selecting a ruby ring for his Chinese-American wife may have more to do with her. "Ruby engagement rings are very popular in Asia even though they seem like an unusual choice here in the States", said a spokesperson for Allurez, a New York-based fine jewelry designer and retailer.
In fact, prices of rubies in China have skyrocketed in the last decade thanks to a growing economy. Yet, the demand for this gemstone in China has a lot to do with its history in Chinese culture.
"In China, ruby gemstones represent good fortune. They are the most popular non-diamond stone for engagement rings. But in any culture, rubies represent love and passion", said the same Allurez spokesperson.
Rubies seem to be in demand in non-Asian countries as well. A bidder set a world record for a 32.08 carat cushion-cut Burmese ruby that sold for $6.7 million at Christie's Geneva Auction last month. This was the highest a ruby was sold for at any auction.
Only a year earlier at an auction in New York, a 6.29 carat ruby sold for over $1.3 million dollars. This was one of the highest prices that a ruby was auctioned for based on price per carat.
The Allurez spokesperson noted how more and more companies are carrying gemstone engagement rings. "An engagement ring should be as unique as you are. A gemstone ruby ring can have more sentimental value than a diamond ring, depending on the person. Allurez.com has carried a full line of gemstone bridal jewelry because of a rising trend the company has noticed."