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    Oct 15

    pink-diamond-ring.jpgWhen it comes to spending millions on diamond rings, the celebs are among the first in line to pay a lot of money to have the biggest and most sensational diamonds. They buy rings that are over ten carats. They purchase rings that have rare, colored diamonds. They also receive rings with some of the most creative and custom designs. What causes this drive for multi-carat and multi-million dollars is hard to say, but it has been known to affect everyone from the traditional housewife to the modern day movie star and it does not seem to be a trend that will soon go away.Diamonds have always been an attraction for most women. Since the days of Marilyn Monroe, and even before then, diamonds have been a symbol for showing one’s undying affection. However, as the stars continue to wear bigger and bigger diamond rings, the average size has risen from one carat to three carat, which is not the rule for celebrities. That is the average size of diamond for the every-day, ordinary women who is dating the every-day, ordinary man who is either living paycheck to paycheck, or at least not wealthy enough to drop several thousand, or even a million dollars on an engagement ring that would rival the celebrities in Hollywood.

    Still, women pine. They find pictures of five carat diamond rings. They show their loved one the rings that they spot on the fingers of celebrities, which are always provided in a close-up shot on the page. In the past, Madonna’s Edwardian engagement ring, Catherine Zeta-Jones’ antique diamond ring, and J. Lo’s infamous pink diamond engagement ring increased the desire to have a large, if not rare and colored, diamond ring. Although many women known that these price tags are not within their range, they still want someone to purchase a ring like that for them.

    Even among celebrities, the battle for multi-million dollar diamond rings can be heavy. It seems that when one celebrity comes out with a new ring on her finger you can guarantee that another one will show up few days later with one just a little bit better. Awards shows are the ultimate time to spot diamond rings, as well as all other types of diamond and gemstone jewelry draped on celebrities for the red carpet parade. Although these items are usually on loan, there is still an unspoken competition to get the most creative design, the biggest piece, and the best collection before the televised awards ceremonies.

    Major designers never mind lending their items, either. Not only do they get televised recognition, but they also get the amount on the price tag if the item is damaged upon its return. Generally, they never mind designed custom pieces for purchase either. Depending on the status of the star, the publicity gained from these rings offer more than what the celebrity paid for the item. Still, it does not stop the socially elite from wanting those items, and more importantly, getting what they want.

    Just recently, Beyonce, who married Jay-Z in an extremely private event in April 2008, debuted a $5 million, 18 carat flawless diamond that was designed by Lorraine Schwartz. This is not the first time that Beyonce has worn the designs of Ms. Schwartz. Naomi Campbell, Gwen Stefani, and more have all donned her jewelry, which is a specialty of colored diamonds and original designs to the celebrities, fashionistas, and the social elite. A few days later, Victoria Beckham sported a $7 million, 19 carat diamond ring at the New York City Fashion Week. Hers, however, was on loan and just for use at the show, but it still made a statement.

    While some women receive their items as an engagement ring, others purchase the ring for themselves and still wear it on the traditional ring finger. Not only does it spark conversation, but it is also a statement that they are able to take care of their own needs, including buying beautiful pieces of diamond jewelry. This is a wonderful way for them to take control and get what they want. There is no better time to do so than when it comes to diamond rings.

    But, it just proves that when it comes to celebrities and diamond rings, the bigger the diamond, the better. So, women everywhere, including the celebrities, will continue to pine over the latest diamond trends, the biggest rocks, and anything else associated with diamonds. The only difference is that in most cases only the singer, actress, and spouse of a well-known person is going to be able to purchase these items and the rest of the world will be left to make do with just one or two carats from a person that loves them dearly.

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    6 Responses to “The Battle of the Multi-Million Dollar Diamond Rings”

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