[coldpie]

> The logic being you spent 4-5 figures on beautiful jewelry

Good lord, people do this? People spend ten thousand dollars on a ring? Fuck. When we got engaged, we shopped together and I bought her a black opal ring. Diamond was never on the menu, so I never even looked at their prices. I knew diamonds were expensive, but I had no idea the extent to which people were getting suckered.

[liquidcool]

There was a big ad campaign from the diamond cartel to make everyone believe that 3 months of (gross) salary was the standard amount to pay for an engagement ring. That means if you only make $36K/year, you still shell out $9K for a ring. I don't know how many bought into it, but it likely did raise the average amount paid by anchoring the price so high. "That's crazy! Maybe half that..."

[grkvlt]

> Good lord, people do this? People spend ten thousand dollars on a ring?

No, of course not - why would you think that? Those 'high priced' rings are like the wax fruit in a greengrocer, or plastic lobsters at the fishmongers - just there for show...!

Back in the real world, people can actually spend hundreds of thousands, even millions, on jewelry.