Buying A Cheap Engagement Ring

Engagement rings are thought to be expensive because traditionally, they are made of diamond stones. You can actually obtain a striking engagement diamond ring at a cheap price if you know how. Here’s how to maximize your dollars in the purchase of a diamond engagement ring.

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Tip #1: Purchase loose stones

Loose diamonds are cheaper than those already attached to a ring metal. Too often, appraisal of set diamonds is difficult because its color may be altered by the setting and the flaws may be hidden by the prongs. As such, it is much easier to appraise and value loose diamonds.

Tip #2: Purchase from dealers, instead of retailers

You can avoid high mark ups if you purchase directly from dealers. The only problem would be if you do not have contacts with dealers in the past.

Tip #3: Buy online

Diamonds sold online are priced reasonably and you get to choose from a variety of options. You can obtain a beautiful engagement diamond ring at a low price if you have learned how to go about a safe online purchase.

Tip #4: Know the 4Cs of a diamond.

It would be very helpful if you apply a good judgment on the diamond’s 4Cs. These are:

•    Cut: The stone’s cut determines its brilliance. A stone that has a high cut grade will also have a higher price. But be careful not to go beyond a good grade in order not to lose your diamond’s brilliance.

•    Color: If the diamond is classified as rare colorless, it costs more expensive than the one that has the light yellow classification. You will significantly save if you choose to downgrade a step or two without having a noticeable difference.

•    Clarity: Clarity grade will not affect the brilliance of the stone as it only determines the flaws found in the diamond. This means then that the costs are lower if you choose an eye-clear diamond.

•    Carat: The rise in diamond carat does not have a smooth effect on its price. When a diamond has a carat increase of exactly .5 (half) or a whole number, the price will increase significantly. Thus, for a beautiful engagement ring that costs lower, purchase a stone that is only a little bit different from the carat that you prefer.

Tip #5: The shape can disguise the diamond’s size.

The diamond may appear larger because of  its shape. A Princess Cut diamond may look larger than a Round Brilliant Cut diamond even when they have the same carat. Since a Princess Cut diamond is known to have the second best brilliance, purchasing it will guarantee you savings in terms of carat value.

Tip #6: Selecting the best setting

White gold costs only half the price of platinum, so you may opt for it. Also, one cannot even tell the difference between white gold that’s 14K and 15K. Therefore, going for the 14k will help you save on an equally beautiful engagement ring. I highly recommend you visit Mondera.com Review For our full in depth Mondera.com review or you can you can rock on over to Best Diamond For Your Money To find out what the best diamond is for your money


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Aug 25th, 2010 | Posted in Diamonds
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