Lab Sapphire engagement rings? Absolutely! Diamonds may be a girl's best friend, but Lab Sapphire engagement rings are a unique, original, and a far more affordable choice. Sapphire is the birthstone of September, and one of the most popular gemstones on the jewelry scene today. The deep blue color of a sapphire ring is just right for an evening out. As the gem of peace and tranquility, amethyst is mesmerizingly beautiful. A durable and affordable gem, an amethyst ring is excellent for every day wear.