If you love the way Apple products look and feel, then you will love what the company’s chief design officer Jony Ive just created. While he is responsible for the materials and form that encloses your iPhone, MacBook and iPad, he’s also designing items that don’t include technology. For his latest creation he teamed up with his dear friend and famous designer Marc Newson to design an extraordinary ring – made entirely out of a single chunk of diamond.

The diamond ring will be present during an auction at Sotheby’s, in which it’s expected to raise between $150,000 and $250,000 forcharity.“Consistent with their mutual obsession with transforming raw material into objects of value, Ive & Newson’s design is singular, clear and un-compromised by the traditional metal settings and bands that have previously been required to create ‘diamond rings’. Theirs will be created by removing material rather than adding – an ambition made possible by the extraordinary scale of the stone which will enable the ring to be completely made of this material,” says Sotheby’s.

The diamond block will feature several thousand facets, while some are as small as several hundred micrometers. The interior of the ring is expected to be  cylindrically cut out for the desired smoothness using a micrometer thick water jet inside which a laser beam is cast. The finalized ring will feature 2000-3000 facets which is yet to be seen before on a single piece. Diamond Foundry® will be creating the gemstone. The certified carbon neutral diamond producer pioneers and develops the proprietary technology to form diamonds safely and sustainably.

Sotheby’s auction for the diamond ring will begin on December 5 in Miami. The ring will be made to fit the buyer, however, it will only be up to a size 5, which is quite small. With that in mind, make sure it will fit the finger you have in mind before dishing out the thousands of dollars on this unique piece.