Originally Posted by debunn
I got an H colour 1.0 carat princess cut diamond, VS1, top grade cut with a custom setting for about $5500 from Diamonds for Less in downtown Toronto. We came back and got a matching custom ring (no stones) for her wedding band as well.
If possible, I highly recommend getting her to come with you to choose the stone and setting - my wife absolutely loves her ring, and I know I never would have picked a ring she'd like as much as this one!
That's about right for that spec, although I could have done it for about ~$500-$600 less :-)