Once a popular accessory reserved only for more formal occasions, cocktail rings are given their name for the cocktail parties at which they originally made their appearances. Originating during Prohibition, the ring quickly became a statement of style in the 1940's and 1950's. They are typically very large in size and comprised of either one oversized stone complimented by smaller stones or several smaller stones made up into a design such as an animal or flower.
Made of precious, semi-precious or synthetic stones, cocktail rings come in an array of shapes and colors all meant to attract attention. Rings made of precious stones may be extremely expensive and hard to find today. Many antique cocktail rings feature elaborate metalworking and large center stones. Popular center stones included opals, rubies, emeralds, diamonds, pearls and sapphires. These are incredibly beautiful pieces, but they are typically priced above the average consumer's jewelry budget.