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Engagement rings grow costlier and larger in 1988
The average price of a diamond engagement ring reached 1325 dollars in 1988, up 23 percent from the prior year as couples marry later. Older couples buy bigger stones while sharing in selection. diamonds remained preferred by 73 percent of buyers, with many opting for alternatives to the half carat solitaire.
MENTIONED IN THIS ARTICLE
Lloyd Jaffe
American Diamond Industry Association
Jaffe
William G. Underwood
American Gem Society
The
Diamond Association
Gem Society