There is a huge variety in the quality of diamonds, based on cut, colour, clarity, carat (and certification). A big stone (2 carat in this case) can be (relatively) cheap if it is a poor colour (normally yellowish) or poor clarity (faults, the worst of which would be visible to the naked eye, but normally would need a lens. A good quality 2 carat diamond would cost upwards of 20,000 pounds. If you interested and what to risk offending her, ask her the type of certificate she got (ie who issued it) as that can have an impact, different standards can be applied.