This February pink is the colour! This is a new ring combining a pink cushion tourmaline and padparascha sapphires on either side.
Tourmalines come in a wide variety of exciting colours. In fact, tourmaline has one of the widest colour ranges of any gem species, occurring in various shades of virtually every hue.
Rubellite is a name for pink, red, purplish red, orangey red or brownish red tourmaline, although some in the trade argue that the term shouldn’t apply to pink tourmaline.
Padparascha sapphires are a rare and valuable pinkish-orange sapphire named from the Sinhalese for lotus blossom.
from GIA Gem Encyclopedia