Shawish Jewelry, a company based in Switzerland, has created the very first all diamond ring. Ladies, this is a 150 carat diamond ring that compares to no other. It is one of a kind, all diamond. I mean like, the band and everything. Pure diamond, nothing else. Just beautiful! It's worth $70 million. Jewelers at Shawish took about a year to design the diamond ring and have already obtained the copyright for their design, so don't expect to see any copycat make-ups of this baby. Shawish jewelers calls their diamond beauty, "The World's First Diamond Ring." It's definitely worthy of the title. There was never a diamond ring, until this one. (The others were gold and diamond).