9 Easy Tips for Saving Money on Solitaire Engagement Rings

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1. Choose the Suitable Diamond Shape

The solitaire diamond's form can have a big effect on how much it costs. Because of their popularity and the raw diamonds that are wasted during cutting, round-cut diamonds are usually the most expensive. In contrast to round diamonds of the same carat weight, alternative shapes such as oval, pear, or princess-cut diamonds can appear larger and are frequently less expensive. The 0.250-carat diamond Serenity Solitaire Band in white gold costs a bit more than the 0.210-carat diamond Caro Heart Solitaire Ring.

2. Pick a Carat Weight That Is A Little Bit Lower

Particularly at whole and half-carat weights, diamond prices rise exponentially with carat weight. Selecting a diamond that falls just short of these well-liked weights will save you money. For example, a 0.250-carat diamond, like the one in the Lambent Solitaire Ring, can appear to the unaided eye to be nearly equal to a 3-carat stone, like the one in the Berina Solitaire Ring, but they are far less expensive.

3. Prioritise Cut over Other Factors

When it comes to a diamond's overall beauty and glitter, cut is everything. Compared to a badly cut diamond of higher carat weight or clarity, the diamond in the Proz Solitaire Ring seems brighter and more brilliant due to its perfect proportions. You may select a diamond that looks amazing without spending a fortune on the best grades in other areas if you put cut quality first.

4. Be Compatible and Clear

Diamond inclusions and faults are invisible to the human eye. Instead of using EF-VVS, you can choose a slightly lower clarity grade, such as GH-VS or GH-VVS, to save money without sacrificing the ring's appearance. To be sure any inclusions aren't visible, always view the diamond via a 10x loupe or through high-quality photos. It is less expensive to choose GH-VS for the Tia Twine Solitaire Ring rather than EF-VVS.

5. Examine Other Metals

Platinum is one of the priciest alternatives while being a popular choice for long-lasting engagement rings and their rich appearance. White gold can offer a comparable appearance at a lower price, as seen in the Flower Elegant Solitaire Ring. Consider rose gold or yellow gold for a distinctive twist. These metals can be a cost-effective way to enhance a diamond solitaire.

6. Plan Out When to Make Your Purchase

The amount you spend on a solitaire engagement ring can be greatly influenced by timing. The diamond industry has seasonal price swings, just like other industries. Around Valentine's Day and other popular proposal times, prices frequently increase. Consider buying during holidays like Diwali or Akshaya Tritiya to save money, since jewelers may provide exclusive deals and discounts to promote sales. You can benefit from these sales and get more for your money if you time your buy well.

7. Shop Online

An intelligent method to cut costs without sacrificing quality is to purchase solitaire engagement rings online. Reputable internet jewelers, such as Carat Lane, provide a large assortment of rings along with detailed videos, high-resolution photos, and even virtual try-on options that let you see how the band will appear on your hand. This removes the element of guessing and provides you with the assurance to buy from the convenience of your home, saving you the time and money required to visit several stores. Select a jeweler who has a robust return policy, clear pricing, and a good reputation. You can easily return or exchange the ring if it doesn't live up to your expectations.

8. Consider Halo Settings

Choosing a halo setting is a good approach to enlarging your diamond without going over your budget. A central solitaire diamond in a halo setting is encircled by lesser diamonds to give the appearance of a larger stone. In addition to increasing the overall sparkle, this setting lets you choose a somewhat smaller center diamond, which can drastically lower the price. For instance, compared to a larger solitaire diamond of the same grade, the Kyra Halo Solitaire Ring gives a great visual effect at a lower cost.

9. Examine Diamonds Grown in Labs

Although lab-grown diamonds might be 30–40% less expensive than mined diamonds, they are visually and chemically similar. These stones from ethical sources are growing in popularity and are a great way to get a better or larger diamond for less money.