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Picture the scene: You're out at a posh restaurant, enjoying a romantic night out with your other half, when he gets down on one knee and pulls out...a Costco ring box.

Yup, the wholesale warehouse has been offering diamond rings for some time. But if your partner is really rich, he could treat you to their brand new single 6.77-carat diamond solitaire ring for $1million.

Sounds a bit pricey, but the ring is actually valued at $1.6million, so you're getting a Costco bargain.

They actually sell 100,000 carats of diamonds a year, so there's clearly a market for it. 

How would you feel if your partner bought your engagement ring from Costco? 

Source: Daily Mail