It’s fun to look for an engagement ring. Now that you’ve discovered the one, it’s time to start looking for the ideal engagement rings. In addition to being enjoyable, engagement-ring shopping may also be perplexing, particularly for those who have never gone through the process before. Here are some inside details you should know before purchasing an engagement ring to help you prepare before saying “I do.”
Fun Fact: The jewellery manufacturing industry is a $2 billion industry in Australia with over 1800 plus businesses and employment to over 3000 people in the country! Australian jewellers make it all, from badges to costume jewellery.
There is a tendency to sell settings and diamonds separately.
To begin, many people are surprised to learn that settings and centre stones are often offered as special items. The centre stone (often a white diamond) and the setting are frequently the focus of engagement ring buying (the metal framework that holds your centre stone).
Pre-set centre stones are available on specific rings. Antique engagement rings, for example, are almost always complete, and many contemporary jewellers provide ready-made rings. Jewellers are increasingly selling settings and centre stones independently, so keep that in mind while you’re shopping.
Be familiar with the 4Cs.
The 4Cs are essential to know before purchasing an engagement ring with a diamond if you’re like most people. A diamond’s quality is graded using the 4Cs. The 4Cs may be summarised as follows:
- Cut: The quality of a diamond’s cutting determines how effectively it reflects light.
- A diamond’s colourlessness is measured by its colour.
- Clarity is a measurement of a diamond’s internal and outward holiness.
- To get a sense of the size of a diamond’s weight, look at its carat weight.
Diamond-Cut is a Top Priority According to Jewelry Experts
When evaluating a diamond, jewellery professionals generally suggest that you focus on the cut rather than the other 3 Cs. Do you have any idea why this is the case? Diamonds with poor cuts don’t reflect light effectively, giving the stone a dull and drab appearance.
Dimensions and Configurations Decide on a design style.
The setting of your engagement ring affects the overall design of the band. The form of the centre stone and the setting type you choose have the most influence on your engagement ring look. When we talk about form, we’re referring to the cut of your diamond centre stone. There are many different cuts available, each with its unique flair. Classic, vintage-inspired, contemporary, one-of-a-kind, and many more styles are all viable options for décor.
Place Your Order Ahead of Time
If you aren’t purchasing a pre-made ring, your jeweller may need some time to set your chosen diamond in your ring’s setting, so plan accordingly. As a further consideration, some engagement rings are custom-made only after an order is placed. Order your engagement ring far enough in advance so that it will arrive in time for your proposal. Generally, you should purchase six weeks in advance, which allows you plenty of leeways, but check with your jeweller to see how long it will take them to create your ring exactly.
In terms of spending, there is no “correct” amount.
According to popular belief, an engagement ring must cost at least a specific amount to be affordable. Most people agree that an engagement ring should cost at least three months’ income. However, there’s no such thing as an “ideal” or “correct” engagement ring price. Only spend money that you can afford to lose. Because it’s a personal choice, your budget should reflect your financial circumstances rather than outdated “laws.” If you decide to buy an engagement ring, you may spend whatever amount you want.
You’re free to upgrade at any time.
Be prepared to update your engagement ring later if you can’t buy the big, showy one now. If your ideal ring isn’t in your budget right now, remember that you can always upgrade your diamond or setting later. It’s pretty usual to update an engagement ring for anniversaries or birthdays.
Understanding Precious Metals
There are many precious metals available for the settings of an engagement ring. Gold and platinum are the most prefered precious metals for an engagement ring. Setting styles may also be created in other precious metals using the same basic techniques. Your ring’s design and maintenance will be influenced by the precious metal you choose.
Jewellery insurance is not the same as a warranty.
People often confuse jewellery insurance with warranty coverage. These two concepts are very distinct. Warranties, such as our Peace of Mind extended maintenance plan, protect you from manufacturing defects and everyday wear and tear on your ring to ensure that your jewellery always looks brand new. Whereas, jewellery insurance can protect you from things like theft or loss due to accidental causes.
You’ve Got the Option to Get Experiential.
If you’ve looked everywhere and still haven’t found the perfect engagement ring, consider having a bespoke piece made. It’s simpler and less expensive than you think to design your engagement ring. And having something made to order is definitely worth the additional time it may take to plan and produce. This procedure will result in an engagement ring unlike any other, precisely like your love for each other.