Engagement rings that come with different gemstones can be very expensive, especially, if they have diamonds. However, you can save a good amount on your engagement ring if you choose the quality parameters of your diamonds carefully. The following are some useful tips that can help with saving a considerable amount on engagement rings:
Get diamonds that are shy off popular carat weights including 0.50, 1.00, 2.00, etc. A 0.90-carat diamond won’t have a huge difference from a 1.00 diamond in terms of its appearance, but their prices can vary greatly.
Go For Near-Colorless Stones
Diamonds that are perfectly colorless will be given the grades D-F. Diamonds with color grades between G and J are considered nearly colorless. These stones can almost offer the look of colorless stones. But there can be a huge difference in price between colorless and near-colorless diamonds. So by compromising on the color grade of your diamond, you can save a huge amount.
Get Eye-Clean Diamonds
If you want to save money on your engagement ring, then it is better to go for eye-clean diamonds rather than diamonds that come with higher clarity grades. Flawless (FL) and Internally Flawless (IF) diamonds are highly expensive, as they are very rare. Those who want to save money can go for VS1 and VS2 diamonds, as they are significantly cheaper than FL and IF diamonds.
Both VS1 and VS2 diamonds will be eye-clean, so they won’t have any visible flaws when observed with naked eyes.
Choose Lab Grown Diamonds
Lab grown diamonds can be the best alternative to natural diamonds in terms of price and ethical value. You can get lab-created stones for about 60-50% of the price of natural diamonds. But synthetic diamonds won’t have any difference from natural diamonds in terms of appearance, properties, and durability.
Platinum is the most expensive precious metal. So you can go for alternative options to save money on the metal of your ring. White gold can be a low-cost alternative to platinum. You can also choose rose or yellow gold for your ring. Even though silver is highly affordable than these options, it is not commonly used in engagement rings like the other options.
Consider Fancy-Shaped Diamonds
Fancy diamond shapes like princess, heart, oval, cushion, etc. are less expensive than round stones.
These tips can be much beneficial for you to get your engagement ring for more affordable rates.