Most of us find engagement ring shopping to be pretty intimidating, and it’s no secret why. This is an expensive item that has a lot of personal meaning – we all want to get it right. However, there are ways to pay less, reduce your stress, and know you’re getting a good deal.
One obvious thing that most of us know is that the bigger the diamond, the better. This fact is responsible for a lot of people’s fear and anxiety when buying a ring. They’re afraid of having to spend a lot to please their fiance. After all, larger diamonds mean a higher price.
Fortunately, there’s some good news. You can find a larger diamond for a much smaller cost than you’d think. Just shop smart and learn about how diamonds are priced.
Here’s an example to show you what we mean.
There are four main characteristics used to grade diamonds. These are carat, cut, color and clarity. We’ll take a look at color to see how to get the best deal.
Color grading scales range between D and Z, with D color grading indicating the best color. To decide what quality color a given diamond has, each one is inspected under very high magnifications.
What’s the catch? D-grade diamonds look the same as H-grade diamonds, unless you have a microscope. That’s a difference of four grades.
There’s no difference at all between the two to the naked eye. Unless you look at both diamonds side by side on a white background, under magnification, you’ll never see any difference at all. Even trained eyes can have a hard time telling the difference between I and D diamonds, though there’s a little visible decrease in color quality if you know what to look for.
So what’s the point? You should never pay for a D grade diamond when the human eye can’t distinguish it from an H!
The price difference is a big one, too. It could be thousands of dollars. Of course, as can be expected, jewelry stores try to sell the highest graded diamonds for the most profit – you would, too. Unfortunately, most people don’t take the time to educate themselves, and pay a lot more than they need to.
That’s just one example of ways to save money on an engagement ring. Picking a diamond that has a lower color grading but doesn’t look different to the naked eye will allow you to buy a much bigger diamond for the same amount of money. Learn about diamonds and how to buy, and you’ll get a good deal.
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