Apple design chief Jony Ive and fellow designer Marc Newson have created a diamond ring for their (RED) auction, which raises money to fight AIDS.
According to the Sotheby’s description:
Sir Jony Ive, Apple’s Chief Design Officer, and renowned industrial designer Marc Newson – having curated the (RED) auction five years ago – have, this year, designed a unique ring, made exclusively for (RED) by Diamond Foundry. Consistent with their mutual obsession with transforming raw material into objects of value, Ive & Newson’s design is singular, clear and un-compromised by the traditional metal settings and bands that have previously been required to create ‘diamond rings’. Theirs will be created by removing material rather than adding – an ambition made possible by the extraordinary scale of the stone which will enable the ring to be completely made of this material.
This ring will be cut from a diamond block, and will be “faceted with several thousand facets, some of which are as small as several thousand micrometers.”
The inner ring will be cylindrically cut, with a micrometer thick water jet and laser beam. The finished product will see a ring “between 2000-3000 facets which has never been seen before in a single piece.”
The “bespoke ring” will be made exclusively for (RED) and can accommodate the buyer up to a size 5. The auction is estimated to fetch between $150,000 to $250,000 USD ($195,417 to $325,695 CAD).
The auction for this (RED) diamond ring starts on December 5, 2018, at 7PM EST in Miami, Florida.
Seems like a bargain for a diamond ring. Keep an eye on this one.