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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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After researching, reading reviews & visiting a few "seemingly" good jewelers, I made up my mind and I chose to do business with M.I. Trading. I felt they were above the others in every way.
Other jewelers made me feel like they were doing me a favor even looking at the jewelry which I wanted to sell. Some others low balled me.
I knew I found someone that I could trust when I went to M.I Trading. Moran did not rush me. He explained everything to me and was completely transparent, because he wanted me to make educated decisions. Nobody else even came close to caring about my business, never mind taking the time to educate me.
At M.I. Trading, I had the opportunity to think about what I wanted to do, without any pressure ... and when I decided what I wanted to sell, Moran gave me TOP DOLLAR.
I could not be happier that I found M.I. Trading, a company that I can trust.
Penny J.
6/02/2026
The wife and I had some flatware to sell. We did some research and came up with a bottom price we would accept and a "wishful thinking" price we would really like. After checking reviews, we settled on M.I.Trading and mad an appointment. Upon arrival we met with Moran and he talked us through the process, how it was weighed and answered all of our questions. When it was said and done, Moran came up with a number that was just short of our "wishing" number. We shook hands, he handed us a check and had us on our way faster than I thought. We would highly recommend M. I. Trading.
James D.
6/01/2026
I recently decided to sell some sterling silver flatware and other items that were languishing in storage, not wanted by relatives.
I found M.I. Trading on line. Mr. Tairy responded to voicemail immediately and met me at his office the next day. He was helpful, professional, and forthright. He evaluated everything and made an immediate offer. I was sorry to see my pretty things go but left within the hour with a cheque for a substantial and fair price.
Erica C.
5/14/2026
He was truly helpful during a time that I was overwhelmed by what was left for me by my mother. He was very straight forward about everything. Will be coming back for sure.
Katti R.
5/11/2026
Professional, honest and personable were my impressions. I can highly recommend MI Trading with my fullest endorsement.
M R.
5/08/2026
Moran is the best in the business. I shopped around before selling my gold and silver, and Moran not only offered me the most for my pieces, but was extremely thorough in his process, communicative, and funny! His near 20 year experience in the industry speaks for its self. He is extremely knowledgeable. There is no one else I will ever use. Moran has exclusively earned my business for the foreseeable future.
Kaylee G.
4/22/2026
I went by for a quick appraisal and Moran was able to squeeze me in without an appointment, which I highly recommend.
I’m looking forward to doing business with them again.
Ruggero R.
4/10/2026
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

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