The engagement ring has roots far older than the diamond industry would have you believe. The tradition begins in ancient Rome, where a simple iron band was placed on the third finger of the left hand. Romans believed a vein ran directly from that finger to the heart: the vena amoris.
1477
The first diamond ring. Archduke Maximilian of Austria gives Mary of Burgundy a diamond ring. For the next four centuries, diamonds remain the exclusive province of royalty.
1837
Victorian era. Industrialization brings gemstones within reach of the middle class. Rings become elaborately sentimental: floral motifs, enamel, and hidden messages spelled in gemstones called acrostic rings.
1901
Edwardian period. Platinum enters jewelry. Delicate filigree and lacework settings become the signature of the era. Settings become architectural feats.
1920
Art Deco. Geometric boldness inspired by Cubism and the machine age. Rings become angular and graphic. The emerald cut finds its natural home here.
1947
A Diamond Is Forever. De Beers launches one of history's most effective ad campaigns, tying diamonds to eternal love and embedding the two-months-salary convention. Within a decade, the diamond engagement ring shifts from luxury to expectation.
2016
Lab diamonds go mainstream. Advances in CVD technology make lab-grown diamonds commercially viable at scale. Prices begin falling. The market begins to shift.
2026
The new landscape. Lab diamonds now account for over 40 percent of engagement ring sales. A 2ct lab diamond costs what a 0.75ct mined stone cost five years ago. The choice is now genuinely open.
"The two-months-salary rule was invented by an advertising agency in 1947. It is a marketing construct, not a tradition."