The (Red) Diamond Ring

Designed by Jony Ive and Marc Newson and created for (Red) by the Diamond Foundry, The (Red) Diamond Ring is both a diamond and a ring. To achieve this, a massive stone will be faceted several thousand times, an unheard of number, with the interior cut out using a micrometer-thick water jet with a laser beam inside. It will be auctioned off in Miami on December 5th, with the ring made to fit the buyer — as long as they're a size 5 or smaller — and the proceeds going to benefit the HIV / AIDS-fighting nonprofit.

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