Huffington Post reports that Kandi Burruss’ engagement ring wasn’t as expensive as reported.
Via Huffington Post:
Written by: Ira Weissman Founder, www.TruthAboutDiamonds.com
At first glance, the ring looks like a stunning (and HUGE!) two-carat oval diamond. In a fine pave setting like this from a high-end designer like Gregg Ruth, one would expect the diamond quality to be rather high. In my professional estimation, a large oval in a setting like this would need to be at least a G color. A diamond like this would likely cost at least $25,000 for the diamond alone. A designer setting like hers could easily add another $4,000 to $5,000. At full retail from a high-end Las Vegas jewelry store, this ring would likely cost well over $40,000.
But at closer inspection, this is clearly not what we’re dealing with here. A quick look at Gregg Ruth’s website brings us to this ring’s specific page.
The MSRP listed there is about $11,000. When I saw that, it didn’t make sense to me. If that price is for a complete ring with a two-carat oval center stone, then the price is far too low to make any kind of sense. If the price is for the setting without the center stone, the price is far too high.
So I started to dig a bit deeper and found this promotional video created by Gregg Ruth:
As you can see for yourself in the video, Kandi Burruss’ “gorgeous two-carat white diamond sparkler” is really from the “Karina Collection” which is a “diamond cluster” collection.
US Magazine is perhaps deliberately misleading us. The ring is not a “two-carat diamond sparkler” — it is a two-carat total weight diamond sparkler. The face of her ring, which is in the shape of an oval, is filled with much smaller round diamonds that when clustered together give the illusion of a much larger diamond.
Read more here: http://www.huffingtonpost.com/ira-weissman/kandi-burruss-engagement-ring_b_2558803.html?utm_hp_ref=email_share