One item at the luxury wedding showcase included a 22-carat diamond ring worth a mere $1 million, the New York Daily News reported.

"Nothing is more brilliant than a diamond to show your love -- and, of course, the more the merrier," said show coordinator Thomas Noel.

The show's organizers have said soon-to-be newly weds will fork over money for the extravagant items, despite the country's declining economy.

"Whether or not we're in a recession, it doesn't matter. That day is the most important day of your life and a memory for a lifetime," Noel told the newspaper.