Originally $195.95, Red Envelope drops the price of the Diamond Initial Necklace to just $24.99. Better yet, activate this link to take 10% off any order (also takes 15% off $80 or 20% off $125) to lower the price to $22.49. The necklace is a sterling silver oval chain with lobster clasp and your choice of sterling silver initials with pave-set 0.4-0.6 ct. diamonds. The remaining letters are limited, so act fast to snag this deal! Shipping is from $8.95 and there's no sales tax (except CA, OH).