Poundland is selling 'iconic' £1 engagement ring - dividing bargain hunters

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You don't need to spend a fortune to propose (stock photo) (Image: PA)

Looks like diamonds aren't actually a girl's best friend.

There's no denying weddings are expensive, with the average celebration in the UK costing an eye-watering £20,700. But before you even start adding up the price of catering, venues, wedding dresses etc - you have to find the perfect engagement ring.

The traditional rule says proposers should fork out three months' salary on an engagement ring, as they'll (hopefully) be wearing it for the rest of their life. If you have a spare £40,000 - you can splash out on one of Tiffany & Co's most popular rings.

But, for those looking for a much more affordable option - Poundland has a dupe (kind of) that will only set you back £1. While some shoppers have branded the ring as 'iconic' - others aren't so sure.

With Valentine's quickly approaching, the sale of engagement rings are sure to soar. Luckily, Poundland has brought back its controversial engagement ring that won't break the bank.

Strictly's Molly Rainford and Tyler West fuel romance rumours while on tour qhiddzidzzieeinvStrictly's Molly Rainford and Tyler West fuel romance rumours while on tour

The jewellery is encased in a 'luxury red velvet heart-shaped box' and comes in a variety of styles. Shoppers can opt between a plain band, or one features a red or 'crystal' stone. "Laugh together in love this Valentine's with our stand-by engagement ring," Poundland said. "Because we promise they'll want to choose their own!"

Poundland is selling 'iconic' £1 engagement ring - dividing bargain huntersThe ring has divided shoppers - but you can't deny it's a bargain (Poundland)

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Many loved the idea, arguing that the price of the ring 'shouldn't matter' - as long as you're both happy. "Awful how being so shallow and vain has become a norm," one person wrote.

Another commented: "There is no excuse to say no, if it's what they can afford it. To me the intention is what counts." While a third added that her Mum's engagement ring cost just £9 from Argos - but it didn't stop them spending 36 years together.

However, some insisted that engagement rings should cost more than £1 - and that people should 'save up' for a better alternative. "Surely whoever wants to propose can afford more than a quid," one person said - pointing out that sterling silver may be a cheaper alternative than real gold or diamond.

What do you think of the £1 ring? Let us know in the comments section below

Liam Gilliver

Jewellery, Engagement ring, Marriage, Love, Banks, Valentine's Day, Tiffany and Company, Poundland, Argos

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