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. 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.