How To Cut Costs On Diamond Engagement Rings

In times of recession, luxury commodities such as diamond jewelry

, and diamond engagement rings in particular, are hard to afford. As such, the common consumer is forced to look for alternative ways in which he or she can afford their very own diamond engagement rings. Here are a few ideas on how you, the everyday consumer, can cut costs on your engagement ring:

A diamond is composed of 4 characteristics, or its 4 Cs, which include its clarity, cut, color and carat weight. Generally speaking, the higher the diamonds quality and the higher its carat weight is, the higher its value will be. Subsequently, the customer can significantly cut the cost of a diamond set ring by compromising on either one of these 4 characteristics. Opting for a diamond with a lower carat weight or with low cut, clarity or cut grades will lower the cost of a ring.

Choosing lower karat gold or semi-precious metals (such as silver and stainless steel) instead of high karat gold, platinum or white gold for your engagement ring will help lower the cost of this precious item.

Selecting an engagement ring with a relatively plain design will aid you in your quest for an affordable engagement ring. A ring with a plain design will naturally be less expensive than one with ornate, complex designs which require better craftsmanship and a closer attention to detail.

Opting for a ring set with semi-precious gemstones or birthstone is another great way of saving on your engagement ring. Birthstones and semi-precious gemstones such as opals, granite and onyx are significantly less rare, and as such, less valuable than precious gemstones such as emeralds rubies or diamonds.

Rough diamonds are a great alternative to polished diamonds. Engagement rings set with rough diamonds are becoming increasingly popular due to their green appeal, their eco0friendly charm. Rough diamonds are less expensive than polished diamonds since rough diamonds arent processed in any way, emitting the cost of cutting and polishing the precious gemstone.

Selecting a ring that is made with recycled metals such as stainless steel, iron, sterling silver etc. These recycled metals come at a lower cost and are eco-friendly, which adds to their appeal.

by: Mandy

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