Couples who have reached a significant milestone in their relationship are more likely to upgrade their engagement rings. Couples who are celebrating milestones in their relationship will love to have a bigger diamond in their engagement rings. This is a way to celebrate a life achievement or to express your desire to have the ring you always wanted. Here are some tips and tricks to help you make an engagement ring that has a larger diamond or a completely new design.
Is it possible to upgrade any ring design with a bigger diamond?
You might first wonder if you can upgrade the center diamond of your engagement ring to a larger one. Yes. Yes, it is possible. The way that the upgrade is done will depend on the design of your existing engagement ring.
If you have a solitaire engagement band, for example, there will not be any changes as the prongs that hold it in place will need to be changed.
If you have a 3-stone engagement band with accent diamonds, it is possible that the placement of these diamonds may need to be changed completely to make room for a larger center.
A ring may be unique enough to fit a specific size diamond. You will also need to redesign this ring to accommodate a larger diamond.
It is expensive to upgrade an engagement ring with a larger diamond.
Your choice of size for the larger diamond and the cost to change your existing engagement ring will determine the total cost. You can expect to pay anywhere from $400 to $2000 for altering a ring’s design, including re-designing its prongs and ring bands. The largest diamond will be the most expensive.
If you already have a 1 Carat Engagement Ring, but want to upgrade to a 2 Carat Center Diamond instead, the cost of the diamond can range from $3,000 to $10,000. The quality of the diamond will determine its cost ( The 4C’s of diamond).
If your budget is tightyou can work with a jeweler to help you explore your options for a larger center-diamond that fits within your budget. You also have the option to purchase a lab-grown diamond, which is around 30% to 40% less than an earth-mined one. This will allow you to purchase a large diamond at a reasonable price.
What if the old diamond is no longer available?
It is possible to sell used diamonds. You will not be able sell the diamond at the same price as you purchased it. There is not a lot of demand for used diamonds in the diamond market. Therefore, you can expect to see a drop in value up to 70%. Talk to your jeweler to discuss how to sell your diamond and if they are willing to purchase it from you.
Can the ring be redesigned to a new design?
Yes, your old engagement rings can be redesigned into something completely new. It is important to remember that custom-made engagement rings can only be made from old ring materials. It is important to be able guarantee the durability and comfort of your new design. To get the best result from a custom engagement ring, you will need an experienced designer.
Can I change the cut of the diamond?
You can change the cut of a diamond. This depends on what ring setting you have. If you have a round-cut diamond ring that has a 6 prong setting but want to make it a princess cut with a 4 prong set, then the setting must be completely changed. It will be more expensive due to the difficulty and the need for additional metal.
An engagement ring might be designed for a particular shape. The jewelry designer you work with will determine what is possible to alter the cut of your diamond.
What are the downfalls of upgrading your engagement ring with a larger diamond?
It is very similar to having your engagement ring custom-made. You can choose to have specific features of your ring customized, such as the larger diamond.
- It’s impossible to predict the comfort of your new ring. The downside is that it won’t tell you how comfortable the new design will make you feel. You can’t predict how happy you will be with a larger diamond in your ring, until it is finished and you are able to wear it.
- You will need to upgrade your ring coverage. Another downside is that you will have to renew the insurance policy specifically for your engagement ring. We recommend you get insurance that covers your diamond ring if you don’t have it. It’s safer to be safe than sorry and get insurance for a larger diamond.
- It’s best to take your time when designing your engagement ring. It’s difficult to alter an existing ring to fit a larger diamond. The process can take anywhere from 2 weeks to 2 years.
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