When we put our own rings on it, we like to layer them.

And since we’ve been feeling quite crafty as of late, we went on a hunt for some handmade, rustic looking ones to make into our new signature accessory. Etsy is offering up exactly what we’re looking for.

This rough diamond ring has a perfect unrefined quality, and we love that the colors and texture of the ring can be customized to suit your fancy.

And it’s only $67. Now we can buy more than one to stack on.

—MELISSA ELLIOTT

It’s no secret the diamond industry has seen much more decadent times, but we’re sure Bulgari’s news of having to close “a number of unprofitable stores” since their earnings “fell more than 45% in the last year” comes as a shock to the many red carpet starlets that reguarly borrow their jewels for free.

So here’s something surprising:

Every once in a while, the U.S. Treasury auctions off diamonds - we’re assuming they’re of the “seized” variety - and there’s a big preview of a huge stash at the New Yorker hotel next Wednesday and Thursday, for those who don’t mind a little competitive shopping (ok, and maybe some creepy feelings, too) in exchange for non-retail prices.

Not that this has anything to do with those Bulgari customers, though this could probably make for a decent episode of The Real Housewives of New York.

Some facts:

1. American workers make up almost half of all diamond purchases worldwide. [Another somewhat related fact: There is exactly one diamond mine in the US (in Arkansas), and it’s not used for commercial sourcing.]

2. US joblessness just increased to 6.5%, the highest in 14 years. Translation: A lot of those American workers are out of jobs right now.

3. Almost 50% of all diamond purchases are made in the fourth quarter. Translation: They’re usually bought as holiday gifts, or in anticipation of a major bonus to buoy the cost, so most major diamond dealers (Harry Winston, Tiffany’s, Van Cleef, etc) haven’t even felt the full effect of our downward economy, and are just about to enter the time of year that usually carries their business.

So what does this all mean? Well, according to Bloomberg, the price of diamonds should fall at least 15% next year, which basically means that Harry Winston is going on sale - but does 15% off $30,000 really help? Well, for some..