One of the biggest and most important decisions a couple will make is how to select a diamond engagement ring. Such a memorable event deserves a lot of attention, and when the cost can be significant, allocating the time to do your homework is well worth the effort. This holds true even if you are remounting an existing diamond with perhaps a more modern look.
Here are some things to consider for direction, information, and peace of mind when conducting your search:
1) Research Information Online: There is no limit to the quantity and quality of information available to you at your fingertips. Google “diamond engagement rings” to begin your search, and you will be supported with more data that you ever thought possible. In the process, learn about the 4Cs: Color, Clarity, Cut, and Carat weight in order to gain a basic understanding of the factors that contribute to a diamond’s value. Regarding Color, most diamonds are very slightly tinted yellowish, and they are graded on a scale of colorless to yellow. With Clarity, diamonds often have very minute internal or external characteristics, often called inclusions or blemishes, respectively. Don’t be afraid to purchase a diamond that is very slightly yellowish or even slightly included. You can often get a larger stone by doing so, and as everyone knows, size does matter. For Cut, round brilliant diamonds can now be assessed for the quality of their proportions, and categorized as excellent, very good, good, fair, or poor. Cut is really important to maximize a diamond’s brilliance and sparkle, so don’t skimp on this. Carat weight is simply how much the diamond weighs in carats. For example a 1.15 carat diamond weighs one carat and 15 points. There are 100 points in a carat. With the 4Cs, just realize that you can’t do brain surgery by simply reading about it. Your goal should be to arm yourself with enough good information to ask the right questions when deciding who to buy your diamond from.
2) Establish a Budget: You know your financial position and roughly how
much you are capable of spending. That may change when you begin speaking with jewelers about your goal in selecting the right diamond, and the right mounting. But in the meantime, it’s a good idea to know approximately how much you are prepared to spend on the diamond and engagement ring. Often, a man is more concerned about the diamond, whereas a woman is more focused on the style of the mounting. A tradeoff often exists between the purchase of each. A couple should not shy away from the engagement ring mounting of their dreams because they cannot afford an exquisite center stone just yet. They may opt to buy the mounting they love with scroll work and diamonds, for example, and obtain a “CZ” or synthetic Moissanite until they can afford the center stone diamond of their dreams.
3) Visit Jewelry Stores: You’ve probably already seen some pricing online, and may have even changed your mind about what you want to spend on your diamond engagement ring. Our advice is to visit stores with your newfound knowledge to get an idea of pricing and to search for that one store or salesperson you want to buy your diamond from. We suggest selecting a jeweler like you would pick a family doctor: someone who perhaps has been recommended to you and someone who was “there yesterday and will be there tomorrow.” All Gabriel partner retailers are vetted as trusted jewelers and we at Gabriel feel confident sending consumers to those locations to purchase engagement rings and center stones. Most of these jewelers also offer financing options. Often people feel that a full-service jeweler will have a high mark-up because of their overhead, but you will be surprised at how well you can buy from jewelers today, especially those who want to be your jeweler for a lifetime.
4) The 5th C is Confidence: There are a lot of people you can buy a diamond engagement ring from, but the one you want is the one who you have complete trust and confidence in. That’s why this is known as the 5th C. You are making a significant purchase in terms of a memorable occasion and in terms of value. A diamond engagement ring can be a “blind item,” one that is very hard to understand and to know that you are getting the proper value. But if you’ve found the right store and the right salesperson, the one who is knowledgeable and trustworthy, it makes all the difference in the world.