An eternity ring, also known as an infinity ring, is a lady's ring, worn on the hand, comprising a band of precious metal (usually gold) set with a continuous line of identically cut gemstones (usually diamonds) to symbolize never-ending love, usually given by a husband to his wife on the occasion of a significant anniversary, typically 50 years after marriage. Because the presence of stones all the way round the eternity ring can make it cumbersome to wear, the alternative is to have the stones across the face of the ring only. This is sometimes referred to as a "half-eternity" ring rather than a "full" eternity ring.
The concept of the diamond eternity ring was created in the 1960s by diamond merchant De Beers. American investigative journalist Edward Jay Epstein stated that at the time the company had a secret agreement with the Soviet Union which, in return for the creation of a "single channel" controlling the world's supply of diamonds, 'required' the purchase of 90-95% of the uncut gem diamonds produced by Russia. The prevailing fashion at the time, particularly for engagement rings, was for them to be set with a single, large diamond. The Soviet gems, however, were small, often less than 0.25 Carats. To avoid stockpiling, De Beers embarked on a campaign of promotion of jewelry containing a number of small diamonds culminating in the eternity ring, which was aimed at older, married women. One campaign slogan, aimed at husbands, was "She married you for richer or poorer. Let her know how it’s going." The idea proved popular with the public, and sales continue to be significant.
- Eternity Rings Platinum. "What Is a Diamond Eternity Band November 1, 2011
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- Edward Jay Epstein (February 1982). "Have you ever tried to sell a Diamond?". The Atlantic Monthly. Retrieved October 18, 2010.
- Kempton, Daniel (1995). "Russia and de beers: Diamond conflict or cartel?". South African Journal of International Affairs 3 (2): 94. doi:10.1080/10220469509545165.
- Joan McAlpine (March 1, 2009). "Maybe diamonds are a girl’s best friend". The Times. Retrieved December 26, 2014.