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Each to their own. I never bought my wife an engagement ring... But I did get her a nice gold Rolex that gets worn every day. Her point of view was that she's not into diamonds and she's likely to lose anything like a ring. I've witnessed it many a time... randomly taking rings off to use hand lotions etc then forgetting about the ring on the counter top etc. So yeah, do what suits you guys.
I did consider this… briefly. However, I think the right way to interpret her comment is as a rhetorical illustration of why she’s not too keen on the practice of engagement rings given their historical connotations of “ownership”, rather than a request.
I’ve probably derailed the thread with this enough already but thanks all for the thoughts and suggestions.