Are you currently looking for the ring of her dreams and have no idea where to start? These ten tips for buying an engagement ring is the best place to start.
1. How Much Should You Spend On a Engagement Ring
It is important to hold true to a personal budget that works for you. This may seem obvious, but do not pay attention to the advertising that tells you that you need to spend a certain amount on an engagement ring.
Diamond Pave Engagment ring
2. Research, Research, Research
Comparable to making any big purchase, such as buying a car or a home, buying an engagement ring requires one to do research. Do your homework on cut, clarity, color and carat weight (the “4 C’s”) to find out how they affect price and quality so that you can find the best possible ring that suits your needs.
3. Remember, Diamond Cut is the most important
It is cut, not carat weight as one might think, that is the most important factor in choosing a quality ring that fits your budget. Cut determines a diamond’s brilliance. Try to get the highest grade possible for the money you are trying to spend.
4. Color and Clarity: What Grade Should You Choose?
As the grade for the color and clarity for the ring increases, so does the price. But it is important to know that at some point, our vision cannot notice the grade difference. To get the most bang for your buck, pick out a diamond ring that is almost colorless (with a grade of G-H) and an eye-clean diamond (with a grade of VS1-VS2).
5. Purchase short of the Ideal Grade
The price of diamond rings increases greatly when their carat weight reaches one-half carat and one carat. When you purchase a diamond that is just short of these weights, the price is lower and the small variance is not noticeable.
6. The Importance of GIA Certification
Make doubly sure that the diamond is certified and graded by the Gemological Institute of America. This guarantees that the value and grade of the diamond ring are legitimate and certifiable.
7. Diamond Shape
Consider all diamond shapes when purchasing a diamond ring. While round diamonds are trendy, other shapes like princess oval, emerald, and pear, which are classified as “fancy shapes,” might appear bigger in size and could be less expensive than a round diamond that is close to the carat weight of other types.
8. Don’t Settle
Don’t settle for a ring because you think you’ve found the right one by going to a single store. If you have a smartphone, use apps to find the right ring. Visit many online and offline retailers to see what their prices are for diamonds that have the same carat weight, cut, color, and clarity.
9. We Will Price Match
Did you find a diamond ring that is GIA certified and the same carat weight, cut, color, and clarity as one of our diamonds, but it is less expensive? We will match the lower price!
10. Ask About Return Policy
Some jewelers offer only a 24-hour return policy, while others do not even accept any returns. Ask about the return policy right away so you know what you are dealing with at the start of your shopping experience. At I.D. Jewelry, we offer a 30-day return policy for the diamonds so you are put at ease in case you are having second thoughts about your purchase.
We understand after reviewing these ten tips for buying an engagement ring you might still have some questions. Buying an engagement ring is a very big decision and not a cheap one. Contact us at I.D. Jewelry at 212.921-9372 or email us at [email protected] with any questions. We love to help people and answer all their questions and point them in the right direction. If you’re in New York stop by and visit out Diamond District show room at 15 West 47th Street Suite 305 New York, NY 10036