In the Market for an Engagement Ring? Follow These Simple Steps

Posted on Tuesday, April 11th, 2017 at 1:27 pm by Jeremy

Finding the perfect engagement ring can be a little intimidating... Rightfully so, considering it's one of the most important puchases you will ever make in your life. Whether you're shopping in the store or online, it can be a little confusing if you're not familiar with what you're buying. No need to worry though, we have some simple steps to follow, so you can make the perfect choice for your life-long partner. 

Step 1: Setting Your Budget: According to WeddingWire, the average amount spent on an engagement ring in the U.S. is around $4800.

Step 2: Research is Key: On average, a person spends 3-4 months researching engagement rings.

Step 3: Listen for Hints: Listen. If you and your spouse have talked about marriage before, then he/she has probably mentioned what kind of ring they want. Don't ask a ton of questions at the last minute or you might make it obvious. You don't want to ruin the surprise!

Step 4: Prioritize Shape, Cut, Size, and Color: Shape is the highest priority when it comes to shopping for an engagement ring. The most popular shape is the round brilliant, followed by the princess cut. Some other popular shapes include emerald, asscher, cushion, pear, oval, radiant, and marquise. 

Step 5: Undertand the 4 C's 

Cut is the most important characteristic because it has the greatest influence on a diamond's sparkle. Simply put, the better the cut grade, the more it will sparkle. 

Color is an important characteristic because the human eye detects sparkle first (diamond cut) and color second. As a diamond's color grade improves, it's price increases. However, at a certain point, the color difference cannot be detected unless under professional magnification. The best color rankings are D, E, and F. 

Clarity is an important characteristic because most imperfections can't be seen unless under professional magnification. Clarity refers to the tiny imperfections called inclusions. Diamonds with the least and smallest inclusions receive the highest clarity grades. Diamonds with minor inclusions cost far less making VS2 and SI2 the most sought after. 

Carat refers to the diamond's weight, not size. A diamond's cut impacts how large the carat weight will appear. Smaller carat weight diamonds will appear larger with higher cut grades. To maximize your budget, consider buying a diamond that is slightly below your ideal carat weight. For example, instead of a 3.0 carat diamond consider buying a 2.9 carat weight. Simply put, large carat weight does not always mean high value. 

Step 6: Know Her Ring Size: If you get the chance, grab a ring she currently wears and either measure the diameter or bring it with you for sizing. 

Step 7: Shop Online and Save: Shopping online can save you a ton of money. Prices online are normally 25% less than buying in the store. Check out our engagement rings and prices here.

Step 8: Buy the Enagagement Ring!: Make sure the jeweler you purchase your enagagement ring from provides a diamond grading report from the American Gem Society or the Gemological institute of America.

Step 9: Get the Ring Insured: Insurance won't cost you a ton of money. It's normally 1-2% of the appraised value. It will only give you peace of mind, so make sure you get it insured! 

Step 10: Propose With Confidence and Love in Your Heart: This is the moment you have been waiting for. At this point you should know your spouse well (if you follow the steps above). You will be fine! Just make sure you prepare and he or she will be estatic with your proposal.