Yeah, ours was short of $2000, largely even that high because we preferred platinum (with sapphires), and we thought that was a splurge. We cut corners almost everywhere else with the wedding, but with her rings we dished out some money for higher quality metal since we figured they were the everyday tokens. However, my ring was only $200, since I didn't want a precious metal. Guess I'll lose my finger if they ever have to cut it off, though.
Ha, that average is apparently down $600 from 2008, too.