Locally made $127,000 diamond ring a social media show-stopper

The diamond ring we’re talking about is a stunner from the Capital Region-based Hannoush Jewelers, which won Best Jewelry Store in Best of 2021. Albert Hannoush, who is the co-owner and president of the retailer, posted the custom creation to social media last week. To get more news about custom ring, you can visit koalaprint.com official website.

Followers took notice – sharing the ring, tagging friends, husbands, boyfriends, girlfriends, potential fiancees and others, asking for all the details. The comments and reactions were up in the hundreds, across all platforms.

Here’s what we know: it’s a 5.43 carat “super ideal cut,” Gemological Institute of America-certified triple excellent diamond. The custom setting is 18 carat white gold with 2.80 carats of round diamonds, for a total of 8.23 carats.

“We purchased the center diamond from one of our overseas diamond suppliers that was here recently,” says Hannoush. “While it was one of many diamonds that we purchased that day, it was by far the nicest.”It is what’s called a halo-style setting, something we see fairly often on celebrities. For those of you who are jewelry (or celebrity)-savvy, you may know Heidi Klum, Olivia Wilde, Sofia Vergara and Cardi B are just a few of the well-known women sporting a version of this setting.

“I have always loved halo-style rings, especially for round diamonds,” says Hannoush. “The cushion-shaped halo with a round diamond in the center gives a squarish look, but demonstrates the beauty and brilliance of the round brilliant center diamond.”He says when he saw this diamond he knew the cushion halo would make this stone “even more sensational.”

“The diamonds in the halo and throughout the setting are just the right size to add more brilliance to the overall look, without taking any attention away from the quality of the center diamond,” he adds. “Finally, I wanted a setting that is heavy enough (for) everyday wear and tear. I think we achieved all of my objectives with this ring.”

As you may imagine, the piece of jewelry is not inexpensive. While the average engagement ring costs just shy of $6,000, according to a 2019 survey from The Knot, the price tag on this ring is $127,900. The largest diamond the jeweler has sold was a GIA-certified, 14.25 carat, radiant-cut natural fancy yellow diamond in October 2020. Since that ring has already sold to a client, the sale price is not public information. It’s also not hanging out in the display case on the showroom floor. It’s locked in a vault and will remain there. Customers who are interested in trying it on, need to make an appointment.

“The response has been amazing,” says the second-generation jeweler. “This is my passion. What I love doing is creating unique and beautiful pieces of jewelry. I am flattered and truly appreciate the fact that so many people like my design.”