Quote:
Originally posted by fnaqzna
Think about who says that in the commercials.
The diamond retailers have their reasons, or so I'm told. 
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Ya fuck De Beers (sp) and their propaganda. Personally, I'd say its all relative. If you're a college student who doesn't have much money, you can get something that looks great for $500. If you're an average guy making ~$40k, then probably $1-2k. If you're making bank, then maybe in the $5-10k range.
IMO, the thing about diamonds and their clarity ratings is that unless you go far down the scale you aren't going to notice the flaws. I'd worry most about the color and the cut. Be sure you find out what types of cuts she likes first (but don't make it obvious).
Although I'm embarrased to say so, my wife bought her own ring. We didn't have money and we both had bad credit and piled up cc debt so putting it on a jewlery store card was not an option. She got like $20k when her grandmother died. We wanted to get married, but couldn't afford shit so she said to pick it out and she'd give me the money. We spent about $1300 and it's beautifull.
I may have got off the hook for the engagement ring, but now I owe her a 3 stone annivesary ring someday...