The History Of Wedding Bands And Engagement Rings In 1477 the Archduke Maximilian of Austria gave Mary of Burgundy a diamond ring. He married her the following day. Little did he know his diamond ring tradition would be wildly popular around the globe centuries later.Maximilian's gesture may be the first recorded diamond given for ... Similar Editorial : Engagement Rings by M J Plaster . | Source : Dangling Earrings