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How To Get The Best Deal On An Engagement Ring

By April 10, 2022No Comments

Best Deal On An Engagement Ring

 

Now you have finally decided to marry the love of your life. What’s the next step now? It is pretty simple, you have to go on a hunt for an engagement ring that will make your partner awe when proposed. But finding the best deal on engagement can be more difficult than you think. You have to make sure that you are equipped with the proper knowledge before you jump onto the hunt for an engagement ring.

Here in this article, we will make sure to provide you with some excellent advice that will help you to get the best deal when purchasing an engagement ring. Here are some of the factors down below that you need to consider before you go to purchase-

Focus on the Cut of the Diamond 

The four Cs of jewelry: cut, color, clarity, and carat weight should not be a source of confusion for you. If you want to get the best ring you can afford, the cut of the diamond should be your first priority. Almost all of a ring’s luminosity originates from the center stone. Diamonds rated as “very good” in terms of cut quality are the most cost-effective. In comparison to an “ideal cut,” they reflect almost as much light at a fraction of the price.

Set Up a Budget Before You Choose

Setting a budget is the next step in finding the best price for an engagement ring. Once you have a budget in mind, you’ll be able to browse more effectively for the diamond you want. The objective should be to purchase the best quality diamond without going over your budget.  

Purchase an Odd Size

Half-carat rings and full-carat rings are the most popular choices. You may take advantage of the fact that most people don’t go into a jewelry shop and ask for a.95-carat ring or a.47-carat ring. Purchasing a diamond with a flaw smaller than the usual may result in savings of 15 to 20 percent.

 A significant amount of money is being saved despite the little size difference. You won’t be able to tell the difference between a one-carat ring and a.95-carat ring if you ask a jeweler to show you the two rings side by side.

Select a Halo Setting

Choose a halo setting to give the appearance of a large diamond. This is a kind of setting in which the center stone is surrounded by lesser stones. It may give the illusion of a central diamond that is half a carat larger than it really is. By using this approach, you may save $2,400 or more by making a half-carat diamond seem to be a one-carat diamond.

Select a Simple Prong Setting 

Keep in mind that the cost of the setting might be just as important as the price of the diamond. All of the platinum or gold also adds up to a significant amount. Choosing a basic prong setup will help keep the weight of the metal down. It’s a classic aesthetic look that also happens to be quite reasonably priced.

Remake a Ring With Your Customization 

Want to create your own ring? Find a used ring with a gorgeous stone in an awful setting (or a pendant necklace with a knockout diamond). Then have a jeweler remove the diamond and replace it. This will enable you to save money on the diamond and spend it on the appropriate ring.

This method may also be used to update a dated family ring. Before you deconstruct an heirloom, consult your family as it has sentimental value attached to it.

Shop from an Online Platform 

Online jewelers may charge less since their overhead is lower. To find what you want, explore local jewelry shops. Then go online and search. Companies like the Blue Nile and James Allen provide no-pressure sales and a money-back guarantee. However, it is best advised to avoid any website associated with a large brick-and-mortar business for the best discounts. Because of this, they’re unlikely to offer lower costs on the web than they do offline.

But at the Right Time

Buying an engagement ring is one of the most important purchases you’ll ever make. In this case, you may want to avoid proposing during Christmas or Valentine’s Day. Due to the high demand, you’ll have a harder time finding a good deal since the choices will be more crowded. If you want to get a good price, avoid shopping from November through February. Summer is the ideal time of year to look since the price is lowest during this time.  As there is a low volume of transactions, the pricing is more flexible during this period.

Choose Something Other Than Diamond

Diamonds didn’t become the most popular option for engagement rings until 1947. Ruby, sapphire, and emerald were the standard before then. Choose one of these stunning jewels to be the focus of your ring and bring back the old-fashioned custom. As hard gemstones, all of them can withstand everyday wear and tear, and since they are less expensive than diamonds, you may have a much bigger stone.

Purchase an Estate Ring

Do you want a show-stopping ring without having to pay a heart-stopping amount for it? Opt for a vintage-style ring. Fortunately, most independent jewelry retailers acquire and sell estate jewelry, which means you won’t have to hunt far for heirloom-quality engagement rings with exceptional settings and cuts that are difficult to come by anymore. Moreover, the best part is that because estate jewelry is often purchased for less than new jewelry, you can expect to spend far less for your ring than you would for a new piece.

Make Sure to Get a Certificate 

A certificate from the Gemological Institute of America must accompany your engagement ring, regardless of whether you purchase it online or at a physical shop. To confirm that the quality you were promised is in fact the quality you got, it is necessary to do quality assurance testing. Don’t take a chance on such a significant buy.

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