Tips for Finding an Inexpensive Engagement Ring

Engagement Ring Inflation rates are getting higher in the country and stock exchanges are fluctuating every day. Prices of every item have risen above the budget, and when it’s time for your wedding or engagement, it becomes really difficult to shop. Whatever the costs maybe, there just can be no ceremony without a ring. However, there are many ways in which you can reduce your ring expenses, and still get a great ring to show off on your big day.

The average cost is over $3000, but you can get a ring for a considerably lower cost if you make use of the tips mentioned below. And the best part is that you don’t have to sacrifice the style and elegance.

Ring Style

Choose an appropriate style, which you like best, before you hit off to the shops to purchase a ring. If you want a solitaire ring, then you should look for a quality center diamond, and not focus on the surrounding small stones. If you want another design, then diamond is not a necessity. Other stones will look equally good if arranged properly on the band.

Moreover, the material is also important. Platinum looks very elegant, but you can get a similar look with white gold. There is a huge of difference of price between the two. Similarly, you can just choose gold, or plate a silver ring with gold coating. Silver and gold cost less than other metals, and prices also vary with purity of material.

The following factors must be considered. Evaluate what is more important to you, and concentrate on just that, and not other aspects of the rings. Even a slight design change has a great effect on price.

  • Metal: platinum, white gold, gold, silver or multi metal.
  • Stones: diamond, ruby or pearls. Shape and size must also be considered.
  • Setting: prongs, tension or flush.
  • Style: band, solitaire, three stone.

Lowering the Costs

Think up of ways to lower your costs, after you have selected a ring type.

  • Metal:
    Silver is the least expensive metal used for engagement rings. Platinum, titanium and gold cost a lot more. Silver looks similar to white gold and platinum.
  • Quality:
    Even though 21 karat gold is of a higher quality, the same look can be achieved with an 18k or 14k gold. However, the difference in price is too much to be ignored.
  • Band Thickness:
    If you choose a thick band, more metal will be consumed. But if you choose a thin band, you will have to pay a lesser amount. Thin bands bring out the beauty of the gems more than thick bands.
  • Stone Size:
    There is hardly any difference in the sizes of stones, but the price varies by quite a large factor. Even if you use a one third carat stone instead of a one half carat stone, the difference will not be noticeable.
  • Stone Shape:
    Choosing a different stone shape also alters the price. Round gems cost less than the fancy emerald, Hearts on Fire or Asscher cuts.
  • Artificial Stones:
    Artificial stones look as good as real stones if they are properly embellished on the ring. However, they cost extremely less than real gems. If you have to use a center stone, you should pick a real gem, but artificial stones are a great option for small and accent stones which are adorned all over the band.
  • Service Plans:
    Many jewelry shops provide offers such as extended or lifetime warranty, but these are not at all necessary. Costs of all service plans are included in the total price, so get them deducted.
  •  
  •  
  •  
  •  
  •  
  •  
  •  

Leave a Reply