We get this type of question often: “How much does it cost to buy a “normal” diamond engagement ring?”
The cost of a “normal” diamond engagement ring depends on what you mean by “normal.” However, I don’t think it should be about averages or what others are paying.
Purchasing a diamond engagement ring is a personal and emotional endeavor. Furthermore, it doesn’t have to be a costly one. In addition, remember, you are in control of your spending. That’s right. You get to decide your budget. Having said that, it helps to have a professional on your side. A pro to help guide you in a suitable direction for your loved and pocketbook. Seek out a local jewelry professional. One who is both knowledgeable and trustworthy. Make note that I said- “local.” Your local jeweler will be your best resource.
Diamond Quality
The cost of a diamond engagement ring can vary. Therefore, my suggestion is to first get an idea of what you want. Not only-but also research and shop. See jewelry stores that carry quality products. Ask questions that are most important to you. Is Carat Weight important? Or is diamond Color or Clarity most important? Perhaps it is a combination of the above?
In the same way, once you have determined what is most important, then look at each item with a critical eye. Ask for the particulars for that diamond ring. Have the salesperson clearly explain why that particular ring commands that particular price. Afterwards, compare the similarities.
However, before you do so, it will be most helpful to first arm yourself with the basics – the 4 C’s of diamonds. Then you will be more knowledgeable and therefore, confident about your purchase. After all, knowledge is a good thing!
The 4C’s of diamond grading were developed by The Gemological Institute of America approx. 80 years ago.
I am always here for additional questions. Feel free to contact me at info@VillarrealJewelers.com. Or call as well – 512–231–8502.
Joseph R. Villarreal, Graduate Gemologist (G.I.A.), Diamond Engagement Rings and Fine Jewelry
