It’s no secret that buying a diamond ring can be expensive. However, with the right knowledge and tips, you can save yourself a lot of money when making this important purchase.
In this blog post, we will discuss some of the best ways to save on diamond rings. So if you’re in the market for a diamond ring, read on for some expert advice by Emily of Fergus James, a diamond jewelry store in Dubai.
Choosing the right ring shapes
When it comes to diamond rings, most people think of the classic round shape. However, there are other shapes available that can be just as beautiful and save you money on the purchase price. Here are a few of the less popular options:
Oval:
This shape is growing in popularity and can be very elegant. It’s also a good choice if you’re looking for a ring that will fit a wider range of finger sizes.
Marquise:
This elongated shape is often chosen for its dramatic look. It can also make fingers look slender and elegant.
Pear:
This is another shape that’s gaining popularity due to its versatility. The pear shape looks good on both long and short fingers, and with both diamonds and gemstones.
Radiant:
This shape is similar to a round diamond, but has more facets for added sparkle. It’s a good choice if you want the look of a round diamond but don’t want to spend as much money.
Know the 4C’s of diamonds
The 4Cs include Cut, Carat Weight, Color and Clarity. A diamond’s cut refers to the shape of the stone itself. For example, round diamonds are perfectly circular with straight angles where they meet at the center. It also includes symmetry which can affect how it sparkles across.
Carat weight represents how many carats are in one ounce of the gemstone being sold. The higher this number, on average you pay more per point because it takes fewer points on stones that weigh 1/3 ct than 10 ct meaning there are fewer points available to “grind down” into smaller diamonds for sale and create an equal amount of sparkle.
Color refers to the shade or hue that each gemstone has when it is viewed under light via its spectrum analysis, which can vary greatly depending on what color you are looking at. The scale ranges from D (the most expensive) to Z (the least expensive).
Clarity is judged on a six-point scale from included to flawless. Inclusions are tiny blemishes or minuscule cracks that occur during the diamond’s formation and affect only the appearance of the diamond and not its structural integrity.
Don’t go for round-cut rings
Round diamonds are the most popular type of diamond, so they tend to be more expensive than other shapes. Another way to save money is to buy a solitaire ring rather than one with side stones.
Consider non-branded rings
When it comes to buying diamond rings, many people automatically think of branded rings like Tiffany & Co. or Cartier. However, these rings can be quite expensive, often costing much more than other comparable options.
If you are looking for a high-quality ring, consider non-branded rings. These rings can be made with the same level of craftsmanship as branded options, but they don’t come with a hefty price tag. When purchasing an unbranded diamond ring, make sure to do some research before making your purchase so that you know exactly what you are getting.
A thinner band can be cheaper
Thin ring bands are a great way to save money on jewelry. A thin ring band is a delicate and simple piece of jewelry that can be worn on any finger. It is perfect for women who want a subtle, understated look. Thinner bands can be made from any type of metal, including gold, silver, platinum, or titanium. It is also possible to have a diamond or other gemstone set into the band.
Buy multiple small stones
By choosing a ring with multiple small stones instead of one large one, you can save a lot of money while still getting a beautiful and dazzling piece of jewelry. By mixing and matching different shapes, colors, and sizes of stones, you can create a look that is unique and customized just for you. And thanks to the growing popularity of alternatives such as moissanite and sapphire, there are more options than ever when it comes to selecting your perfect ring.
Consider limiting micropave
Limiting micropavé is a classic technique that has been used for centuries. The process first involves cutting a light box into a geometric shape and then depositing thin sheets of gold to form patterns within it. This procedure uses the least amount of gold, but also gets the best results.
Halo setting is better
When it comes to diamond rings, the halo setting is a popular choice. This type of setting surrounds the center diamond with a band of smaller diamonds, which makes the ring look larger and more sparkly. It’s also a great way to make your budget go further, since you can get a ring with a larger center stone for less money than you would spend on a solitaire ring.
Get lower grade fluorescence
Some people worry that lower grade fluorescence will make their diamond look dull or washed out, but this doesn’t have to be the case. In fact, many experts believe that lower grade fluorescence can actually increase the sparkle of a diamond. Here are some tips from an expert on how to save money when buying a diamond ring with lower grade fluorescence:
- Look for diamonds with G-H color grades and VS clarity ratings. These diamonds will still have plenty of sparkle, and they will be more affordable than diamonds with higher grades.
- Look for diamonds that are cut by master craftsmen to exacting standards. This ensures each facet is perfectly aligned so light bounces around inside the stone as it should, creating maximum brilliance and fire.
- If you’re looking at lab-grown diamonds, keep in mind that these stones typically have a lower level of fluorescence than mined diamonds. So if you want to save money on your purchase without sacrificing quality or beauty, consider purchasing one of these eco-friendly gems instead!
Ditch three-stone rings
Three-stone rings tend to be more expensive than two or one-stone rings. Three-stone rings are often part of a larger diamond ring design, which increases the price tag. A three-stone diamond engagement ring is usually priced over $5,000 because it typically includes the diamond center stone and two accent stones for each side. Engagement rings with three solitaire diamonds can cost up to six times as much as those with single solitaires because there are now three separate diamonds rather than one combined stone.
Get a Lower Clarity
One way to save money is to choose a lower clarity grade. Clarity refers to the quality of the diamond and how many blemishes or inclusions are visible to the naked eye. Diamonds that are classified as SI1 or SI2 have slight blemishes that are not typically visible to the average person. If you do not mind having a slightly imperfect diamond, choosing one of these grades can save you money without sacrificing too much beauty or sparkle.
Don’t go for perfection
When you are shopping for diamond rings, it is important to remember that diamonds are unique and no two are exactly alike. So don’t be afraid to choose one that has some slight imperfections! The most important thing is to find a ring that you love, regardless of its flaws. Remember, it’s the thought that counts!
Final Thoughts
Buying a diamond ring doesn’t have to be expensive. In fact, there are many ways to save cost when purchasing one. By following the tips in this article, you can get a beautiful ring at a fraction of the price. Whether you choose to buy online, negotiate for a better price, or go with a less popular cut, you can save plenty of money without sacrificing quality. So don’t wait any longer; start shopping for your dream diamond ring!
