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Jacobs and Foundation Jewellery sells most expensive piece of Fairtrade and Fairmined gold jewellery to date

The piece is worth £40,000 and was an individual commission from a long-standing customer to mark his retirement

Luxury ethical jewellery company Foundation created the piece in conjunction with Jacobs of Reading. It comprises three fancy yellow diamonds totalling 2.22ct, supplied by Jacobs, set into a ring made of 18ct Fairtrade and Fairmined gold.

“We’re thrilled to have made this exceptional and ground breaking piece of jewellery,” commented Peter Ungar, founder of Foundation Jewellery. “It shows there’s an appetite for Fairtrade and Fairmined gold jewellery of the highest quality.”

Adam Jacobs, owner of Jacobs the Jewellers, added: “There’s no better endorsement of ethical jewellery than this. We’re 100% behind Foundation and the Fairtrade movement. Customers are naturally curious, interested and glad to learn more about the story behind their important and personal jewellery.”

Victoria Waugh, business development manager at the Fairtrade Foundation said: “It’s important to know how your most treasured rings started their journey. Important because all Fairtrade and Fairmined gold is mined from small-scale and artisanal mines in a way that seeks to reduce dependence on harmful chemicals and improve their livelihoods, which is good news for mining communities in South America and good news for the people who live and mine there.”

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Thomas Sabo

Fast Facts on
Wedding rings

  • 860 AD:The year Christians started using rings in marriage ceremonies.
  • 4th:The finger the ring is placed on.
  • 2,200BC:The year of the oldest recorded exchange of wedding rings in ancient Egypt.
  • 1854:The year in which the manufacture of 15ct, 12ct and 9ct became legal.

Photo from William Cheshire