With your budget, you'll get the most bang for your buck by staying as far away from "big name" chains as possible. Any place located in a mall will give you a garbage ring for $1000. To maximize your budget, it's best to find a more "family-oriented" business.
Unfortunately, I can't help you out with contacts unless you happen to live in Los Angeles. We do have a diamond district here, but I've found even better deals with a small shop owner in Pasadena. She might do international orders, though... PM me if you're interested and I'll send you her contact info.
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