Diamonds are elegant and timeless, and have been used throughout history to show wealth and extravagance. The market for engagement rings is built on a similar concept – which is why we love to ask about the ring as soon as our friends have gotten engaged. But, did you know that diamond engagement rings can cost as much as a European vacation? There are hundreds of equally beautiful stones for rings that won't break the bank. Check out these ideas from our friends at Coinage to find out the best option for you and your beau.

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