Loose diamonds are commonly used for diamond jewelry manufacturing. They are widely used to embellish bracelets, rings, earrings, necklaces and yes - watches, too! The presence of a diamond in any piece of jewelry makes it significant, not only in value but also in style. A ladies diamond watch is no exception - it gives the wearer an element of class.

Hotel chain heiress and ultimate fashionista Paris Hilton has recently joined forces with Abazias, one of the biggest names in the diamond jewelry industry, to design her own signature collection of ladies diamond watches. The collection will be composed of 4 signature watches, made of genuine leather alligator straps and all of 1000 diamonds in each piece.

Priced a whopping $100,000 to $250,000, the Paris Hilton watches are today's 'it' diamond watches. The most expensive among the four designs is the "Pink is Love" piece which happens to be her personal favorite as well. Brandishing a blush-pink alligator strap, this diamond watch contains in its design over 6 carats of pink diamonds, 6 sapphires and more than 3 carats of white diamonds. Meanwhile the "Canary" design substitutes yellow diamonds with the pink while the other 2 designs named "Cotton Candy" and "Snow White" features white diamonds exclusively.

For those with a more conservative bank account, there is no cause to fret. Paris Hilton also launched a substantially lower priced collection of fashion watches with the beginning price of only $29. Sans diamonds, this collection is definitely friendlier on the pocket! The ultimate fashion addict will be pleased to sport the Paris Hilton look with an elegant signature timepiece.

The difference between investing on diamond jewelry and a diamond watch is that the latter is a more functional piece. Simply put, a diamond watch is essential because it has another purpose on your body apart from the fact that it beautifies. Typically, the diamonds are embellished on the face of the watch. In some cases, loose diamonds are contained inside the watch, and can be moved about upon each movement of the wrist. This is an interesting diamond watch design that became popular in the 1990's.

A diamond watch is a sound investment, as well as a remarkable gift. The status that it gives to the woman is inimitable because of its value and elegance. It can also be paired with just about anything in a woman's wardrobe, just as diamond jewelry can also be worn with any type of clothing. Diamonds are the most versatile, graceful and enduring gems. No wonder they have been cited as a girl's best friend! Paris Hilton can say Amen to that, indeed.

Martha Miller holds degrees in Journalism. She has written several dozen articles about diamonds, engagement rings , wedding rings and other related jewelry articles that were published on trade journals and several widely read publications and magazines.