I''ve often heard that the average engagement ring in New York City has a ~2 carat diamond. Is this really true? I''ve lived here for several months now, and find this very hard to believe. I see plenty of women in their 20''s and 30''s marrying (or married to) lawyers, investment bankers, or doctors that have diamonds much closer to 1.25-1.5 carats.
Am I just hanging around the an unrepresentative crowd? Do people just not commonly know how big a 2 carat diamond looks? Or, are people referring to the total carat weight of the ring, rather than that of the center stone?