Princess Diana laughs at Prince Charles in hard hat in 1985
The Princess of Wales’ engagement ring was first shown to the public 40 years ago, before Diana married Prince Charles. But today, the ring still inspires couples throughout Britain to opt for the same design for their engagement.
Princess Diana’s engagement ring, which now belongs to the Duchess of Cambridge, features two precious stones: a diamond and a sapphire.
The ring cost Price Charles £28,000 at the time, but it is now said to be worth an estimated £390,000.
Its stunning jewel combination is still popular today.
According to new research from Money.co.uk, more than eight in 10 (82 percent) couples who opt for an engagement ring that contains two or more stones will choose a diamond and sapphire pairing.
In doing so, they mimic a design that has never gone out of style since the early 1980s.
We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights.
Money.co.uk also discovered that the UK’s average spend on engagement rings has increased by 12 percent in the last year.
According to the website, the average couple spends a whopping £7,056 on an engagement ring.
This is good news for jewellers, as last year it was found that Brexit had caused 20 percent of lovers to either delay the purchase of an engagement ring or reduce their spending on one.
This year, COVID-19 was the reason for some couples to change their buying and spending habits.
Baking soda toothpaste: How to whiten your teeth with baking soda [EXPERT]
Dustin Diamond net worth: How much Save By The Bell star earned during career [NET WORTH]
White goods law: New rules could stop you buying new fridges, washing machines and ovens [RULES]
Eighteen percent of people said that the pandemic had forced them to delay the purchase of a ring or made them spend less on one.
Interestingly, as much as 72 percent of those surveyed by Money.co.uk said they have no idea what their partner’s ring size is.
Diamonds and sapphires might be the most popular stones when it comes to buying a combination ring, but the single most popular jewel is the diamond.
This precious white gem has increased in popularity by almost 20 percent this year.
In 2021, 68 percent of people are opting for diamonds over rubies, emeralds, or amethysts.
Last year, 50 percent of people preferred diamonds.
A style named ‘The Solitaire’ is the most popular engagement ring design, chosen by 31 percent of couples, while 17 percent are inclined towards ‘The Three Stone’ or ‘The Cluster’.
‘The Solitaire’ is a classic design, featuring a diamond that is usually cut in a round shape.
‘The Three Stone’ is a set of three diamonds sitting beside each other on the ring band, while ‘The Cluster’ compromises of a sparkling centre stone surrounded by smaller stones.
Princess Diana’s ring falls in the third style category as its centrepiece is a blue sapphire, outlined by a cluster of small diamonds.
Salman Haqqi, personal finance expert at Money.co.uk, said: “There’s an old saying that the cost of an engagement ring should equal three month’s salary, but that’s not necessarily the case.”
Money.co.uk has created an engagement ring cost calculator to help couples know how much to spend on their significant other’s special ring.
Mr Haqqi said: “It gives people guidance on what they should be looking at spending according to their personal circumstances.
“We love tradition in the UK, illustrated by the fact that a Diana-style ring is still the most popular, 40 years after it first made its public debut,” he added.
Source: Read Full Article