If you received $1,000 ....

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Oh, I don't know VuittonsLover... There are some nice Tiffany pieces that won't run you over that. I like this one, this one is awfully cute, and there's always pearls... But that's just my taste, of course.
 
I'd probably put it toward some items I have on layaway with my jeweler (I have a white and rose gold pave diamond necklace I am working toward getting out atm, so probably that one to be more specific).
 
I'd probably go jewelry too. I think I'd go for a trinity ring- not the Cartier branded, just for $ to go further and some type of pendant. I knew a girl that had a really pretty pendant that was antique, square w/ small pave diamonds and a perfect daily necklace.
 
Well, lessee: you could probably get studs in the vicinity of .60 tcw, a smallish eternity band, a pretty solitaire bezel pendant, small diamond hoops ... and that's just the tip of the iceberg! Being a frugal sort, I'd probably start hunting through Signed Pieces to see what they had: why pay more with a limited budget, ya know?

ETA: And, obviously, my one-track mind goes straight to jewelry!
 
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