Lorraine does rings for celebs at a significant discount...Kim K's ring was from her and was also 2 million, and her former husband could in no way afford that at the time. In my opinion, her rings are tacky and I think the discounts are possibly due to quality, but that's just a guess.
Discount, yes, but not for free! And I agree with you. Her rings are not elegant at all. It's always too big. I mean, one look at Beyonce's earrings and you see how ostentatious Lorraine Schwartz's jewelry can be. However I do like Blake's ring. On someone else it would look too bling bling for my taste.