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History of Diamond Engagement Rings

History of Diamond

History of Diamond Engagement Rings

by | Mar 13, 2016 | tips, blog, diamond buying and selling, M.I. Trading tips

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What’s behind the giving of diamond engagement rings at the proposal of marriage?

The Diamond engagement ring is an intensely interesting topic that occupies many Pinterest and online discussion forums. And, you wouldn’t believe just how much the world’s most expensive diamonds cost! But why diamonds?

When did it come to be the symbol of everlasting love? Why do women receive a ring as a promise of impending nuptials but men do not? M.I. Trading has made a business from knowing why and we’re here to share the answers with you.

The first well-documented use of a diamond as an engagement ring can be traced back to Maximilian Archduke of Austria when he proposed to Mary of Burgundy, but before and even after, diamonds weren’t the only way to say I Love you.

 

Diamond engagement rings came to be the social norm following an advertisement campaign by major diamond buyer DeBeers in the late 1940’s. Expectations of premier, high quality diamonds to secure the affections of your bride to be replaced  the perhaps more simple yet elegant jewelry of the past. In the 1930’s DeBeers controlled over 60% of the rough diamond trade in the world and economic depression severely limited their sales capacity, so they rolled out a fantastic campaign.

“Diamonds are forever” became an instantly recognizable catch phrase and GI’s eager to pop the question upon their return from the front did just that, all at two months salary none the less. Diamond rings became the only way to propose and the idea that a diamond can last forever lent itself well to the power of love and desire for a strong and stable marriage. The practice of exchanging a ring for a promise of fidelity followed wide swept legal reforms in America which abolished shotgun wedding laws. Presenting your betrothed with a ring assured them the contractual agreements of matrimony would be upheld and adding a diamond to the mix just upped the ante.

 

The practice of exchanging a ring for a promise of fidelity followed wide swept legal reforms in America which abolished shotgun wedding laws.

Diamonds are not always forever. We  know that sometimes the love doesn’t last and you might want to sell your diamond. We at M.I. Trading are your Austin premier diamond buyers. Our expert gemologist is here to evaluate your diamond and will give you all the information you need to make an educated decision about selling your diamond.  For all your diamond questions our trusted gemologist is here to assist you, call us today to set up a consultation.

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The owner was very knowledgeable about not only gold but silver and miscellaneous jewelry as well. He carefully evaluated the many items I had collected from my mother's estate and then sorted them into groups depending upon their value. After spending approximately an hour evaluating the items I brought him he determined the value and wrote us a check in an amount that I felt was extremely fair.
Richard B.
4/09/2026
Moran was awesome, We have a great conversation and good business, definitely a great place to deal with, highly recommend.
Jose P.
2/27/2026
Very fair price. Same day pay. Friendly and Great service!:) Definitely recommend. The process was simple, easy, and fast.
Gracyn N.
2/27/2026
I’ve taken rings to Moran on two separate occasions and both times I was not disappointed. Last year, I had a family heirloom ring that I was hoping to sell. I brought in and after close examination he purchased it on the spot for a price that was more than fair.
Then last week, I brought in a 14k ring that turned out to be cubic zirconia. I wouldn’t have wasted his time if I’d known that it wasn’t real. He was very kind about it and offered to buy the gold, which proved to be well worth the trip.
He's extremely knowledgeable and efficient. It is not a long and tedious process.
Almost as important, he is a super nice guy, which made for a very pleasant experience each time.
Moran is honest and trustworthy and I highly recommend him if you need to sell any diamond jewelry.
Mack K.
2/08/2026
It's always a pleasure to work with Moran! He's honest, knowledgeable, personable, and an attentive listener. He's also happy to share his insights about the industry and take his time to educate his customers so they feel comfortable throughout the process. I highly recommend working with Moran!
Shanda H.
2/06/2026
Had such a great experience with Moran. Very fair. No games. Very knowledgeable!
Jackie H.
2/03/2026
MI Trading was an exceptional experience. Moran is professional, courteous, and very knowledgable. I highly recommend this company.
Mari W.
2/03/2026
Moran was an absolute pleasure to work with. It was easy to call and set an appointment. He looked over my items carefully, had deep knowledge of the market, calculated a fair price, and wrote me a check on the spot. I would definitely go here again with other jewelry I'm ready to let go of.
Erin R.
1/28/2026
Moran have us the best price for the items at brought in. He is cordial and professional and I will be returning to MI Trading if I want to sell anything else.
Haydee M.
1/27/2026
M I Trading was an absolute pleasure doing business with. Moran took the time to discuss his industry and made me feel as an equal. Negotiations were very transparent and we had no qualms after discussing our specific concerns. I will seek to do business with him in the future. Highly Recommend!!!
Connie N.
1/23/2026

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