The rare jewel, which has links to Russia’s Romanov dynasty, is estimated to fetch up to $2 million.
See Princess Eugenie’s Padparadscha Engagement Ring
The princess’s colored gemstone ring continued a long-standing royal bridal trend.

Announced Monday on the British Royal Family’s website and social media, the 27-year-old Eugenie is set to wed her boyfriend of seven years, 31-year-old Jack Brooksbank, this fall.
The Royal Family released official engagement photos of the couple, which showed the princess sporting a ring featuring an oval-cut padparadscha sapphire center stone surrounded by a halo of round-brilliant white diamonds and two trillion-cut white diamonds on a yellow gold band.
Eugenie follows an interesting trend seen in the British Royal Family—the use of a colored gemstone surrounded by a halo of white diamonds.
Princess Diana chose a 12-carat oval sapphire engagement ring, surrounded by white diamonds and with a yellow gold shank, which, several years after Diana’s death, Prince William gave to Kate Middleton as her engagement ring.
Embed from Getty Images
Princess Anne, Queen Elizabeth II’s only daughter, received sapphire and diamond engagement rings for both of her engagements, while Princess Margaret, Countess of Snowden—Queen Elizabeth II’s sister—had a ruby and diamond engagement ring
And Eugenie’s own mother, Sarah, Duchess of York, received a ruby engagement ring from the Duke of York when he proposed, also in a halo design and in yellow gold.
Embed from Getty Images
Indeed, only Prince Harry and Meghan Markle seem to have bucked the royal colored gemstone trend in favor of white diamonds.
Where Eugenie’s ring stands out is in its selection of gem, with hers being much more unique than her familial predecessors.
“These special sapphires are rare in their optimal color and typically demand a hefty premium over fancy pink or orange sapphires,” explained Niveet Nagpal, president of Omi Gems & Omi Privé. “They are the rarest of all for their specific color range of pink and orange.”
Gem aficionados agree that the publicity garnered by Eugenie’s engagement will increase interest in the rare stone.
Nagpal said: “Most people don’t know about colored gemstones and especially what a padparadscha sapphire is, so Princess Eugenie’s engagement will be a great start to getting the information out there and driving people to specifically ask for it.”
And Oscar Heyman’s Tom Heyman noted that royal and celebrity engagement rings that feature colored gemstones have correlated with consumer demand in the past.
Princess Eugenie is right on trend ahead of the Tucson gem shows, as dealers have predicted that fancy color sapphires will continue to rise in popularity.
The Latest

It is one of several seizures of counterfeit jewelry and watches by U.S. Customs and Border Protection officials in Louisville this year.

Jewelers of America announced the additions to its board of directors following its annual general meeting, held last week.

With customization becoming more expected in engagement ring shopping, the Bridal Builder makes the process tangible.

The jewelry collection supports Yamaguchi’s Always Dream foundation, which provides reading and educational resources to families in need.


Spectrum’s “Best of Show” honors went to a 101-carat Paraiba carved to look like Medusa that has a magnet-activated LED light.

Our Halloween Pieces of the Week are four “Eye” pendants, each set with colorful gemstones.

A Diamond Is Forever's holiday campaign reimagines natural diamond icons for a new generation celebrating individuality.

Alexis Hoopes expanded eBay’s “Authenticity Guarantee” program during her tenure.

The Rolex-owned retailer’s new 4,700-square-foot store’s façade honors the Pacific Northwest’s evergreen forests.

Get into the Halloween spirit with this roundup of 13 spooky jewels.

Cahoon was appointed strategic account and educational program manager at Gesswein, which recently joined Continental Buying Group.

Tiffany & Co.’s latest ambassador makes her debut in its “Love Is a Gift” holiday campaign.

Jaythan Gilder was found guilty of robbery and grand theft after stealing and then ingesting nearly $800,000 worth of Tiffany & Co. jewelry.

Consumer confidence remains on the long-term downward trend that’s persisted over the past few years, said a Conference Board economist.

The holiday campaign includes key jewelry trends, a curated holiday gift guide, and resources to help jewelers prepare for holiday shoppers.

The “Icons” holiday campaign spotlights four classic diamond jewelry styles reimagined in “Desert Diamond” tones.

Solomon Brothers, which has three stores in the Metro Atlanta area, said it may continue to acquire other independent jewelers.

The fine jewelry brand raised $2.3 million at its annual gala that supports the nonprofit’s fight against blood cancer and blood disorders.

The annual fundraising event is slated for June 6, 2027, at The Venetian Resort in Las Vegas.

In her “Vantage” collection, Lau explores heritage, identity, and inner strength through designs featuring blue-green Guatemalan jade.

The jeweler gave the public backstage tours of its flagship store and its design and innovation workshop as part of LVMH’s open house.

Vote for which jewelry professional should dress up as a monster to support Jewelers for Children’s annual Halloween fundraiser.

The closure is part of a global restructuring that also includes PGI winding down its operations in Japan, South Korea, and Hong Kong.

The ring, our Piece of the Week, was designed by eight-year breast cancer survivor Rachel Chalchinsky of Color Source Gems.

The website offers enhanced member benefit access, industry directories, educational resources, a job board, and access to the MJSA Journal.

Boucheron and Pomellato had a strong third quarter, with Kering looking at jewelry as an increasingly important part of its portfolio.























