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Prince Charles presented his bride, Camilla Parker Bowles, with this heirloom diamond ring from Queen Elizabeth herself. This ring was made for royalty. Emerald cut diamonds like this one -- an eight-carat stunner -- are typically much more expensive than other cuts. That's because the relatively few facets allow a view straight to the inside of the stone -- whereas multiple facets can hide or minimize inclusions in a diamond, nearly everything inside this stone is visible to the naked eye. To be suitable for a royal ring, this stone would have to have extremely high clarity.

Flanked by tapered baguettes on each side, the Prince's bride's ring would retail for about $250,000. Factor in its royal history, and the gem is priceless.


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