Steve Quick Jeweler becomes the latest company to create a diamond Christmas tree. The Quick tree is made of five pounds of solid 18K gold (which is reclaimed gold) with diamond-briolette ornaments and a layer of 200 carats of diamonds that form a glittering dusting of snow. The tree is topped with a 4.52 carat stone set in a platinum star. Steve Quick Jewelers estimates the tree at being valued over $500,000 (making it cheaper than the $1.8 million tree we saw recently). The tree is being unveiled at the Steve Quick store in Chicago on December 7th and will be on display in the store throughout the season. Starting on December 17th the tree will be auctioned off on eBay with 100% of the profits going to the American Cancer Society.

If the tree is too expensive for your budget you could pick up mini versions of the tree in sterling silver or gold-plated for $25 or in 14K gold for $195.

[via National Jeweler Network]