Thanks to Meg Massie from the LUXIST for this post on the new bling for the President Elect’s First Lady.   Nothing says THANK YOU FOR PUTTING UP WITH 2 YEARS WORTH OF PRESIDENTIAL CAMPAIGNING LIKE DIAMONDS AND RARE METALS!

Stay tuned for future posts on Mrs. Obama’s inauguration gown. A list of designers, including Diane von Furstenberg have reportedly been asked to do sketches. The fashion blogs have also reported that New York designer Cassandra Bromfield and Michelle Fields of Michelle New York are also in the running.

Now for the good stuff…

Michelle Obama to receive $30,000 thank you from the President-Elect

Posted Dec 1st 2008 3:01PM by Meg Massie

“She loves her inexpensive outfits from the mall, but Michelle Obama will soon be sporting something much fancier than anything you’ll find at J. Crew.

A spokesman for top Italian designer Giovanni Bosco has confirmed that President-Elect Barack Obama is looking to purchase a $30,000 Harmony ring made of rhodium and encrusted with diamonds as a thank you gift to his wife Michelle.

We expect the future First Lady to receive the ring in time for her husband’s January inauguration ceremony. The gift is a thank you for her support throughout the last two years of campaigning.

One of the world’s rarest and most precious metals, only about 25 tons of rhodium are mined each year, setting the price at over $7,660 per ounce — or about ten times the cost of gold. The ring may be uncharacteristically extravagant for Mrs. Obama, but we’re sure she’ll find a way to wear it with all her usual grace and confidence.”

Technorati Tags: Giovanni Bosco, Harmony Ring, Michelle Obama, Michelle Obama jewelry, Obama gift to wife

Tags: Giovanni Bosco, Harmony Ring, Michelle Obama, Michelle Obama jewelry, Obama gift to wife