There is a slight possibility I will have to do the same thing this year (She's 3 weeks late :S)

I hope it works out for you because that is a lot of money, it must be kind of painful.

 Of course not, is not like that if you really want todo it... maybe the worst part is the anxiety (Will she like it??? Is  the exact measure??? Will she say "I do"???) spend mony in something like that is not painfull... been rejected is painfull....

You shouldn't be getting married if you feel like it's something you "have" to do. That's asking for a failed relationship.

^I was just joking about not wanted to (although visions of a Nice gaming PC were dancing in my head)

Wooo, you got off cheap ;)

Congrats, I am going through the same thing right now. Trying to figure out how much I can spend, trying to find a ring she will like, and then the most nerve racking part, actually asking her.

Just a word of advice, if you have an argument with her, and she starts saying "whatever, it doesn't even matter, etc etc," just know you have won the argument and don't press the issue any further :)

congrats, (at least if she says yes )

anyways, to those who think $1500 is much, the ring i bought cost roughly $3400 total. Not only that, tokilamockingbrd still needs to pay roughly $600-800 for the gold band and mounting it (more if he wants platinum)

I told my wife that I could have bought another motorcycle with the kind of money I spent on it, but I never actually told her how much until a year after we were married.

@tokilamockingbrd
My suggestion to you since the diamond is so expensive is this.

1) don't go to Kay (i personally can't stand the place and they overcharge). I went to a family run jewelry store near me that i trusted and got a good price for mounting and gold, plus they would customize to my hearts content (I designed quite the one of a kind ring if i do say so myself)

2) Get a 6 prong, platinum mount. For 2 reasons, first 6 platinum prongs is stronger than the more common 4 gold mounts, so you won't have to worry about it getting knocked out. Second gold will slowly deteriorate and you'll have to get the mount built back up every 5 years. Of course, if you don't really think that it will ever get knocked out, than you can save a little money by going with 4 prongs and gold.

3) if you get a platinum mount, then you'll need either palladium, white gold, or platinum for the actual band itself. I believe I went with white gold, but from what I understand, palladium looks the same but can never change back to a gold color (white gold can) and is cheaper than platinum.

You paid $1500 for a .70? What else?

Ouch. I just paid $1500 for a .71 Princess Cut, with about .50 of smaller diamonds, and 2, .25 pink sapphires on the sides.

Ebay FTW.

I am getting a 14k white gold band with plat prongs(they are stronger) I expect the band to cost 180-250(she wants a tiffany "style" so there will not be much metal, she also wants a solitaire)

The diamond is D color, the highest grade of color, absolutly no tint of yellow at all(again, with white gold you need at least a D, E or F color). It has a very good cut, and is a Radient(slightly more pricey), I could have gotten a .75 round for the same price.

Kind of scary, seeing all of you currently proposing range in age from 21-25 or something. That is way too young, i think. But then, Im European.

I am 22, and will be 22 when I propose, I will be 23 when we get married... that is actually VERY normal age in US.