I appreciate that she's special to you and all that, but even if you didn't buy camera gear with it, you could have invested in a lot of other things. Mortgage, Pension, college funds.
I've lost all interest in expensive diamond rings ever since I found out more about the industry and the artificially inflated prices for diamonds. Movies like Blood Diamond have helped raise the public's awareness.
Try and re-sell a diamond. You can get a great deal if you buy an older stone privately than through a jeweller, purely because the stone really doesn't have the value that the industry perpetuates.
The engagement ring industry only appeared after WW2, when DeBeers hired some advertising companies to have celebrities "sponsored" with large diamonds to perpetuate the myth. They invented the marketing idea that a ring should be 3 months' salary.
Fortunately my girlfriend agrees with this and will be more interested in me using the money wisely and getting a smaller ring. She's even expressed an interest in NOT having a diamond, and getting a different kind of stone simply out of principle.
Sorry to correct the cynical but the passage below is a brief history of engagement rings - they have been around longer than the last 50 years...
Clouded in mystery, the exact origin of engagement rings is unclear. Some more romantic people say that the circle symbolises the eternal union while others trace it to a part payment of the groom's financial commitment to his future wife and her family!
Perhaps the earliest suggested source of the engagement ring tradition was in ancient Egypt, where rings were worn on the 4th finger of the left hand, as this was where the "Vena Amoris" or "Vein of Love" was thought to run to the heart. However, the Christian tradition of wearing an engagement ring on that finger only dates from the 1549 prayer book and prior to that rings were worn on the 3rd finger of the right hand. Another reason for using the 4th finger is that the priest or groom would put the engagement ring on the first three fingers in turn when saying "the Father, the Son and the Holy Ghost", finishing on the fourth finger where it would then stay.
A great ring-wearing race, the Romans worn "betrothal" rings made of iron (which signified strength and permanence) - these were called "Anulus Pronubus" and were given in much the same way as modern engagement rings are now. As time went by these rings started to be made of gold and engravings or decoration (such as a lover's knot or two clasped hands) were added. Some early rings also had a carved key through which a woman could unlock her lover's heart.
In 860 Pope Nicolas I decreed that a ring was a requirement to signify betrothal or engagement and it was also stipulated that it should be a gold ring - perhaps this, again, was to do with the financial commitment being made by the groom.
By the Middle Ages, betrothal and wedding ceremonies had become combined so the idea of a seperate engagement ring began to mark the change in status of the financee and to emphasise the significance of the betrothal.
In 1477 Archduke Maximillian of Austria gave Mary of Burgandy a diamond engagement ring - diamonds at that stage being thought of as magic and created in the flames of love. This was picked up in medieval Venice where they equated the hardness of diamond with the idea of enduring love, but only for the very rich as diamonds were very rare. It wasn't until the end of the 19th century when large amounts of diamonds were discovered in South Africa, that diamonds became commonly used in engagement rings. But even by this time in England other stones were often used - for example pearls, and nowadays all kinds of precious and semiprecious stones are customary.
In the UK the "myth" surrounding the expense is 1 months salary - we aren't as wealthy as our American cousins...
Congratulations on what looks like an expensive wedding (Hope you get the gear one day!!!)
!!!!!!! Wow!!! My wife and I decided to save on our rings and invest toward a house, but only because the market out here is perptually high. A hint to how much I spent on hers... it wouldn't even have bought the D300 body as a back-up!!! But our love is huge! Congratulations, BTW!!! A good partner is better than any amount of gear!
If you think education is expensive, try ignorance!
If you think education is expensive, try ignorance!
Yes, the accountants ignore it and the economists don't. But what the economists ignore is his value placed on the fact that *she values his opportunity cost." I submit it's probably the reason he paid it.
On the other hand, I'm glad my finance isn't expecting this kind of opportunity cost. She understands I love her even without a ring. It has never been clear to me what this kind of opportunity cost was supposed to add.
A diamond ring is a bad investment, unless you want to make a woman happy. I spent about that much on my fiance ring and she lost it within a week rushing for an interview for a Thai Airways hostess job that I made her quite a few months later. My response was to say I'll buy you a bigger one.
As Miss Piggy said in her book, "Managing Your Money," "The secret to managing your money, is managing to have enough of it."
I really enjoy taking pictures but who you wake up next to is the most important thing.
-- The meaning of life. D2X & D200 -- Having it all. On order D3, D300 and 14-24 F2.8
Congrats! The important thing is that you're happy. The ring means nothing really...its just a thing. If you love someone it doesn't matter if you give them one, and if you do...it doesn't matter how much it cost. Additionally, if you give your spouse an expensive ring (or car, or horse, or island) it doesn't mean you love them. Its always interesting to me how many people show off their fancy rings and then verbally trash their spouses or act in an untoward manner. Then again this is a culture that says that people in certain reltionships can't be legally married because marriage is sacred, but then doesn't balk at turning it into a game show like "The Bachelor". Humans...whadayagonndo?
I bought my wife one diamond ring when we got married and I told her that is the only one I will ever buy. She is OK with that, except ... now I have to buy her a new Lexus every 10 years. She lets me keep my BMW, Porsche, Ferrari, and the full regiment of 12 Nikon lenses.
Congatulations on the Engagaement. The ring will last longer tnan the equipment (I hope) and has a far lower obsolesence rate.
The price seems about par for the course these days. My daugher gets married next June and her engagement ring cost about as much as my whole wedding including the rings and the house we bought in Doncaster Yorkshire in the 60's. When I point this out she just says:
"Then was then and now is now Dad"
and I suppose that is how it should be so I will just keep writing the cheques for the wedding and keep my mouth shut.