Lab Pink Sapphire engagement rings? Absolutely! Diamonds may be a girl's best friend, but Lab Pink Sapphire engagement rings are a unique, original, and a far more affordable choice. Sapphire is the birthstone of September, and pink sapphire is a very popular gemstone in jewelry today. The bright and happy color of a pink sapphire ring is both playful and trendy. 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.