Trump claimed he got a celebrity discount on Melania's engagement ring

Graff Diamonds chairman Laurence Graff, revealed that Trump's admission to the New York Times in 2005 that he got a $1million discount was a lie

Years before he became president, Donald Trump claimed he got a $1 million discount on Melania Knauss' engagement ring, which weighs more than 10 carats-but that is not the truth, according to the diamond seller. Another source knew about the engagement ring purchase revealed that Trump falsely boasted about getting a huge discount to the Times reporter.

However, billionaire Laurence Graff, the chairman of Graff Diamonds refuted the discount, he told Forbes that the president received "no favors" when he purchased the attractive diamond ring.

"Only a fool would say, 'No thank you, I want to pay a million dollars more for a diamond", Trump said in an interview with the newspaper.

On Thursday, however, Forbes reported that the jewelry company's chairman, Laurence Graff, and two other sources have confirmed that the price of the ring wasn't slashed at all.

Melania Trump flashes her engagement ring at the 2005 Emmy Awards.

President Donald Trump apparently lied about how much he paid for his wife's engagement ring.

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Graff CFO Nicholas Paine also refuted his claims of a bargain on the ring, reputed to have cost $1.5million, telling Forbes 'We don't sell items for publicity value'.

Trump, who, remember, co-wrote The Art of the Deal, also told the publication that he was able to get a good price from wedding vendors because the Trump name carries a lot of weight.

In addition, the second ring Trump presented to Melania on their 10th wedding anniversary reportedly worth the $3 million.

The First Lady's diamond attracted plenty of attention - and some criticism - on social media when it featured front and centre in her first official White House portraitlast year.

"Literally anything you can imagine from photos to flowers to food to jets to airports to diamonds", he claimed at the time.

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