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I've read this article before, and yeah, I tend to agree that it's a racket, because of the resale issue...

As I sit here, wearing a diamond engagement ring, two wedding bands with diamonds and diamond solitaire earrings worn in diamond earring jackets, lol.

@regberadaisy: no real comment, but I love that quote from Michael Scott. I remember watching that episode of the Office and thinking WOW that's a lot!

I understand the point of the article, but I wanted a diamond ring. I know all about how their value goes down once it leaves the store, etc. I still absolutely love my diamond ring, the lengths that my DH went to find the right stone and setting.

I'd hate to think of my diamond as part of "some sham." We have friends that got engaged yesterday with a white sapphire ring he got off of Etsy. Looking at the picture despite my DH and mine's reservation about the ring's origins (HK based jeweler), it fits her and her personality. She wanted a non diamond stone. We helped her fiance with options. He chose Etsy and is happy with it.

For me, as long as the jewelry makes you happy and is what you want, then there's nothing wrong with wanting diamonds or not.

My husband and I totally believe this - and use the term "racket" a lot. This is why, after consulting with me to see if I would be okay with it, I got man-made diamond earrings.

I've never thought of diamonds as an investment. I wanted a diamond engagement ring because it's pretty and sparkly. DH at the time asked if I would like an engagement piano instead and that also would have also depreciated over time. Very few things we buy for ourselves are true investments.

@Grace: Someone on that other site posted an 8 carat diamond ring. From the way she talks about the ring, she made it sound like an investment piece. In the back of my head while reading about her ring, I couldn't help but think, "diamonds aren't investment pieces."

When DH initially asked me to marry him it was during a quiet moment right after midnight NYE. I knew we were getting married, but my bff loudly corrected someone saying I wasn't engaged two months or so later at a party. The exchange of rings is just as much for the enjoyment of the couple as it is to legitimize the status for those around them.

DH had an idea of what he wanted his future wife to wear. I think the pressure men feel comes from many different places and it's not entirely the woman. DH knew the quality he was looking for and the size.

Eventhough I am not a diamond or jewelry type of girl I always wanted diamonds around my band or it could be I am just not that creative. I had a fantasy of diamonds representing my marriage and a ring with birthstones representing my children.

I don't necessarily think diamind e-rings are a waste of money, but any e-rings are definitely a luxury. I have so much sentimental value in my rings that if my marriage is happy and long lasting I will likely not to have to ever know the depreciated value of my ring.

I think they're a sham as well, and I've never cared for the aesthetics of them. I have a ruby engagement ring that is just amazing - it really suits me.

I have always felt this way, which is why I opted out of having an e-ring and only have a simple 0.5 carat wedding band.

I agree...we were engaged for months before DH finally got a ring partly because everyone asked where the diamond was. He knew how overpriced diamonds were because his grandfather had worked with them so he didn't get anything outrageous, and instead he bought something much more important for our engagement - a home.