August 2012 Weddings

What to do with a loose diamond

So I'm obviously already engaged, but my mum has offered me the stone from her engagement ring.  It's a 1 carat diamond with a slight flaw.  She is selling the actual setting, but wants me to have the stone.

What would you do with the loose diamond?   I was thinking of having it mounted into a ring for a right hand ring, but I'm not sure if that would look too engagement-ringy.
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