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Diamond Engagement Rings

Buying a diamond engagement ring is one of the most important decisions you will make. Not only is it normally the most expensive piece of jewellery that most of us will invest in, it will be worn for life. Because engagement rings are so important, it’s worth taking extra time to research the best option before making your purchase.

Shape

One of the first decisions to make is the desired shape of the diamond. A princess cut or solitaire cut diamond are beautiful, classic shapes. The shape of the setting depends on the recipient's taste and considerations of practicality. If they prefer artistic, interesting designs you might try a unique style of setting.

The 4 C’s

The 4 main considerations when buying a diamond ring all begin with C - the clarity, cut, colour and carat weight. Most people roughly know about carat weight - this is how the diamond’s size is assessed. A higher carat weight will mean a bigger diamond. Also consider “total carat weight” - if the ring has more than one diamond, they will sometimes display the weight of all the diamonds combined. The next consideration is the clarity, which refers to how clear the diamond is and whether it has any imperfections inside. The last ‘C’ is the colour. Most diamonds have slight discolourations, even though they aren’t really visible to untrained people.

Other Considerations

Most people have a preference for their precious metals and if you aren’t sure, you might want to pay close attention to the kind of jewellery the recipient usually wears. The most common choice is an 18k gold diamond engagement ring either in normal yellow gold or white gold. Rose gold is becoming more popular, and platinum is another option that is durable and beautiful, but more expensive than gold.

Cost Cutting

Buying an engagement ring is not cheap, and people want the best ring that fits their budget. There are a few ideas you can look at before you have to compromise on the 4 C’s. If you choose a diamond that is slightly below a full carat weight (for example, 0.9 instead of 1 carat) you will typically pay less per carat. Because of how popular the round cut diamond are, you can save up to 40 per cent by selecting a diamond with another type of cut. Simple settings cost less, and if you opt for white gold over platinum you can save money in the short term. Finding out the recipient’s ring size beforehand saves on resizing costs.

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