This article was originally published on March 22nd, 2012. -Ed.
The above is not a gadget, nor exactly new, but it is all kinds of amazing. It’s the creation of Mohamed Shawesh, President and CEO of Shawish Jewelry. It could be called “the world’s first diamond ring” and it wouldn’t be a lie. Every other “diamond ring” out there is really a “ring of gold, studded with diamonds.” This on the other hand, well, is a ring that’s been carved entirely from a giant diamond. Using lasers and traditional diamond cutting and polishing techniques, the ring weighs in at an impressive 150 carats. A year went into its making and its design is copyrighted, much like the shape of the Coke bottle is. It’s expected to sell for $70 million, though it was recently on display at Baselworld, leading us to believe that it has found no buyer. Yet.