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# Presidential Gratitude Jewelery
Obama Gives Michelle $30,000 Thank-You Ring

By Going Like Sixty | Published 2008-12-02 | Luxury
Source: Trend Hunter, https://www.trendhunter.com/trends/30000-thank-you-mr-obama-gives-rare-thank-you-to-mrs-obama
References: [luxist](http://www.luxist.com/2008/12/01/michelle-obama-to-receive-30-000-thank-you-from-the-president-e/)

***UPDATE:** This turned out to be a viral rumor as Obama declared it untrue.*

President Elect Obama is looking for a suitable bauble to thank Mrs. Obama for her support during his run for president. I guess he ruled out the diamond g-string, or the diamond bra, which is probably a good thing.

Seems he has settled on a $30,000 rhodium ring that is surrounded by diamonds. The Harmony Ring is a top of the class masterpiece.

Rhodium is one of the rarest metals, normally sold to only the very wealthiest individuals. Rhodium usually prices out at about $7,500 per OUNCE - The ring is hurriedly being made by Giovanni Bosco, jeweler for the ultra rich and famous.

## Trend Insights (Trend Hunter)

- Score: 1.9/10
- Popularity: 16% | Activity: 34% | Freshness: 8%
- Audience gender: 10% men, 90% women
- Primary generations: Millennial, Gen X
- Top markets: North America

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Luxury](https://www.trendhunter.com/luxury) > [Ultra Luxury](https://www.trendhunter.com/ultraluxury)

## Key Themes

### Why This Trend Is Growing

- **Luxury Thank-you Jewelry:** Opportunities for luxury jewelry brands to create high-end, personalized pieces as tokens of appreciation.
- **Alternative Precious Metals:** Potential for the use of rare metals like rhodium to elevate the value and exclusivity of jewelry designs.
- **Celebrity Jewelry Endorsements:** The influence of famous figures like the Obamas in driving consumer demand for specific jewelry pieces.

### Industries Being Reshaped

- **Jewelry:** Opportunities for jewelry designers and manufacturers to create high-end, customized pieces for grateful customers.
- **Luxury Retail:** Potential for luxury retailers to showcase and sell rare metal jewelry designs, catering to a niche, high-end market.
- **Celebrity Endorsements:** The jewelry industry can leverage celebrity endorsements to boost brand recognition and drive sales of specific designs or collections.

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