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diamond stud earrings or very nice watch?

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Thank you, Sundial and Kissmark. To answer some of your questions, Kissmark, I got the earrrings first because my husband bought them for me as a Christmas gift. About 6 months later, when I was looking for a Rolex for a birthday gift for him I fell in love with this watch and purchased it a week after his birthday. If I would have seen the watch before having him buy the earrings, I would have gone that route. But I was lucky enough to get both within 6 months of each other anyway.
 
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