Published at Wednesday, 21 August 2019. Wedding Ring. By Maureen Rochefort.
In 2011, TheKnot.com and WeddingChannel.com published an in-depth report on engagement and wedding statistics in the United States. It looked at how much the engagement ring and wedding jewelry is worth, what kind of rings the grooms are purchasing and how people are proposing nowadays. ”Jewelry is a significant part of the wedding experience and the 2011 Engagement & Jewelry Study provides unparalleled insight into the multibillion-dollar industry,” said Kristyn Clement, Senior Director of The Knot Market Intelligence at XO Group Inc.
Due to the belief that a diamond engagement ring was a calming agent between man and wife, it was recommended as the stone to be set in wedding or engagement rings – not because of its beauty. It was described by Isidore of Seville as a small stone devoid of beauty. When you see a rough diamond, it could be easily mistaken for a piece of sea glass that has been roughened up by the waves on a beach for years.
In many areas of Africa, revolutionary groups have taken over some of the diamond mines using proceeds to finance their illegal operations. These diamonds are referred to as conflict diamonds or blood diamonds. The United Nations instituted a system of controlling diamonds that were taken from these groups by insisting that all of the legal diamonds must be accompanied by a certificate of sale as they moved through the system but the system has not worked well. Today, these blood diamonds total less than 2% of the overall market share.
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