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Costco Selling $1M Diamond Ring

Apr 11, 2011 3:31 AM   By Avi Krawitz
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RAPAPORT... U.S. discount warehouse Costco has forayed into the high-end jewelry market and is selling a 6.77-carat, D-color, internally flawless diamond ring for $1 million.

In keeping with its reputation for a good bargain, the ring has been valued at $1.6 million by the International Gemological Institute (IGI), Costco said.

The ring comes with certification from the Gemological Institute of America (GIA) and IGI, both which can be viewed online.  

 

Tags: Avi Krawitz, Costco, Diamond Ring, Jewelry, Polished Diamond
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