Things to Know Before Buying an Engagement Ring
1. Budget
The First thing you would need to consider is the budget, a price you can afford to pay upfront once you find the ring. It is financially responsible and will help keep your expectations realistic. The common practice in terms of engagement rings is said to be worth a two-month salary, however we believe your budget should be unique to you, as the ring is unique to your partner.
2. Natural or Lab Grown
Second, would be the choice between a natural diamond, or a lab grown diamond. A natural diamond is mined from the earth, where as lab grown diamonds are made in a lab mimicking the natural process that would create a natural diamond. The biggest difference between the two is cost and resale value, a natural diamond will always hold its value where as a lab grown loses value, and will continue losing value as more machines come online making more available.
3. Shape of the Diamond
Choosing the shape of your center diamond plays into your budget and preference. Here are the top 9 center diamond choices;
- Round cut is the most popular but is also the most expensive.
- Princess cut
- Cushion cut
- Oval cut
- Emerald cut
- Pear cut
- Marquise cut
- Radiant cut
- Asscher cut
4. Metal Type
There are five different types of metals you can choose from.
- Platinum
- Yellow gold
- Rose gold
- White gold
- Silver
Platinum is a durable metal, more than gold or silver. However it is more expensive.
Silver is the most affordable out of all the metals. However silver is prone to tarnishing and often requires proper cleaning.
Yellow Gold is the most desired metal for engagement rings. Mixing alloys creates 14K or 18K, increasing durability and affordability.
Rose Gold is a popular alternative to yellow gold. This beau>ful copper- containing alloy is considered less hypoallergenic than the others.
White Gold resembles platinum, but costs much less. It suits many different gemstones. White gold is plated with a thin layer of rhodium for a brilliant, pure white appearance. White gold may also contain nickel, which causes an allergic reaction in some people.
5. Carat Size
Carat is the unit of measurement for the physical weight of the diamond. One carat equals 0.2 grams.
6. Getting Measured
Getting properly measured the first time is important, because resizing a ring can be expensive. The best way to get measured is to go into any jewelry store. Most jewelers will size your finger for free. Keep in mind that a wide band will fit tighter than a narrow band. Men’s rings often have a comfort fit band with a domed interior. Comfort fit bands should usually be ordered one half size smaller than the finger size.
7. Always Buy Certified
Getting a GIA certified diamond gives you peace of mind. You can rest assured that you got what you payed for. There are a few other respected labs in the industry like AGS, and IGI. We do not recommend buying uncertified or a diamond with an EGL certificate. EGL certificates are known to inflate their quality claims.
8. Diamond Certificate Check
You always want to make sure the diamond you are buying matches the certificate given. To do so, you would check the certification number on the certificate and on the side (girdle) of the diamond to make sure they match.