The amusing factor to all of this, is that 99% of people can't visually tell the difference between a $100 and $10,000 ring. As a status symbol, it effectively

The amusing factor to all of this, is that 99% of people can't visually tell the difference between a $100 and $10,000 ring. As a status symbol, it effectively works on the honor code, or based on someone directly reporting its cost! Sort of like fancy wine or art. e.g. people will make a judgment on the 'realness' of your ring and it's validity as a status symbol, based if it's inflated value is perceived to be within budget, and if challenged you would have to stand ground by declaring it's cost.