The classic diamond solitaire engagement ring is what most people think of when they think about engagement rings. Young brides are more interested in a ring that says something about them these days than following time-honored traditions. This is good news for anyone looking for an affordable engagement ring. Continue reading to learn about affordable alternatives.
Changing Engagement Ring Trends
You may have noticed that the moissanite ring is becoming more popular among couples looking for an engagement ring. However, more people are choosing colored gemstone rings to declare their love. You can also buy pre-set diamond engagement rings to lower the cost. These rings are usually cheaper and have a faster turnaround than custom rings.
Which is the most expensive option for an engagement ring?
A diamond engagement ring will generally be more expensive than any other gemstone alternative, with a few exceptions. This rule is not always true. For example, you might be looking for rare or valuable natural-colored gemstones. The most expensive stones to look at are precious stones such as sapphire and emerald.
4C’s can help you control your diamond cost
You will find ways to reduce the cost of your natural diamond engagement ring if you do your research.
- Limit the carat weight of diamonds. You might choose an “off-size” rather than a more popular carat like 1 carat.
- Choose a lower-grade clarity or color grade. Our expert gemologists can help you determine the right balance between diamond grades and your budget. Contact our team.
- Use shape strategically. Choose a shape that makes your stone seem larger than it is. Because of their longer shapes, oval and pear-shaped diamonds appear larger.
- Relay on illusory settings for ring settings. Because it creates a frame, halo ring settings increase the size of the central diamond.
There are many ways to lower the price of your diamond, even if you have a pre-mined diamond ring in your possession. But, you might be able to save more than just the size and quality of your diamond.
Do you like the look of white diamonds? You might also like Moissanite or Lab Diamonds
Lab-Grown Diamonds
You can control the price of your diamond engagement rings by using lab-created diamonds. Lab-created diamonds are often a third less expensive than similar natural-mined diamonds. This diamond alternative is becoming increasingly popular. You will find many colors, cuts and shapes, and varying carat weights.
Moissanite
Moissanite is a great alternative to diamonds. Moissanite is 20% to 50% less expensive than natural or mined diamonds. They also have a rainbow-like shine to them. Lab-created diamonds are identical in chemical, visual and physical properties. It is always good to inform your partner before you gift a lab-created diamond to them.
Other Engagement Rings: Colored Gemstones
Many modern brides choose colored engagement rings instead of traditional diamond rings. A semiprecious gemstone is an excellent choice for an engagement ring. London blue topaz, amethysts and peridot engagement rings are stunning without the high price. Even precious gemstone engagement rings, such as aquamarines or black diamonds, can be less expensive than similar-sized natural diamond rings.
There are other ways to control the cost of your engagement ring
- There are alternatives to expensive jewelry stores. Online shopping is a good option if you’re looking for an affordable way to purchase your engagement ring. Brick and mortar jewel stores tend to have higher prices due to additional costs such as physical stores or storing inventory.
- Make Your Metal Choice Platinum is more expensive than unique rose gold settings. Palladium, a cheaper metal option for replacing white gold, is more affordable. The price difference between 14 karat and 18 karat is due to the higher amount of gold. Remember that more gold can make a metal more malleable and more wearable.
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