I feel jewelry should be bought as an investment and a gift. Someday when you're dead and gone, it will become very valuable to members of your family. I love estate jewelry.
I didn't pay for here engagement or her wedding ring, both belonged to my mother. Here wedding ring belonged to my grandmother, we recently had it appraised and found out it was worth about $8k. I can't imagine what it cost 60 years ago.
Regardless, we both win. She got her diamonds, I didn't have to pay for them. Some of her friends have more expensive rings, but they all agree that my wife's ring is the most beautiful. The fact that it is a family piece means so much more than something new.
My wife's mom passed away about 2 years before we got engaged. We used one of her rings. The sentimental value is priceless (my wife wore it when her mom was in the hospital with cancer, and she told her she wanted me to use it as an engagement ring if she passed), but the appraised value is probably more like $15k. If I had been doing the buying, I'd probably have spent about 1/10 of that. That 3 months salary crap is just marketing BS from the diamond industry. If you make $100k a year, you shouldn't be spending $25k on a ring ---- that's close to have of your take home pay!
We spent about $2000+ on each of our wedding bands. Hers is 11 diamonds set in platinum, and mine is just a big platinum ring. We spent that much because we needed a band for her that would complement her existing ring and we figured it was only fair to spend the same for me Again, if we needed something to go with a significantly smaller ring, we probably would have spent a lot less.
Underwater shot from our honeymoon
Last edited by GTiTOM; 12-19-2011 at 02:09 PM.
My wife thinks there's some crazy rule about the wedding ring being 3 months of my salary.
As highschool sweethearts, I gave her a 500 dollar promise ring 10 years ago, a new ring when we were engaged 5 years ago, and another ring on the wedding day. She didn't get to see it until the ring-bearer brought it to her. For 15,000 dollars, she'd better like the damn thing. It took me 3 hours to pick out. 3 hours!