What You Need to Know Before Buying a Budget-Friendly Engagement Ring

When shopping for a budget-friendly engagement ring, it’s normal to feel discouraged with the fear of buying something that’s possibly fake or that has been bought from an unethical source.

You want to be able to buy a beautiful piece of jewelry, but you also want to guarantee that you’re not buying something that is unethical or somewhat of a scam. It’s even harder to do this if you are shopping for jewelry online. To help you make the right decision, these are some pro tips on how to buy a budget-friendly engagement ring, from the comfort of your home.

Before you go ahead and shop for your engagement ring, you first need to consider these factors that affect the final cost of an authentic piece of jewelry.

Where Do Diamonds Come From?

Much like anything that’s sold at a high price, there’s a dark market for diamonds in many different parts of the world. When we say ‘dark market’, these are the trading transactions that do not adhere to ethical standards implemented by different organizations. These ethical rules and regulations aim to protect the fair trading of diamonds, as well as the human rights of everyone involved in getting the stone from the soil to the jewelry store. There are different ways for you to know that diamonds on a piece of jewelry are sourced with ethical means.

What to look for in ethically sourced diamonds:

●  Your jeweler knows exactly where the diamonds come from - Any responsible jewelry stores will personally guarantee that their diamonds come from sources that adhere to ethical standards. A jeweler will know exactly where their diamonds are from. Ask the jewelry shop yourself, and they should be able to tell you the exact details of their diamond’s origins. If they don’t know, then it may not be safe to buy their jewelry.

●  Know your locations - It’s well documented through organizations such as Amnesty International and Human Rights Watch, that diamonds coming from specific countries are more likely to have been sourced from unethical circumstances such as child labor, war, conflict, crime, and corruption. Avoid diamonds that come from Zimbabwe, Agola, Liberia, Democratic Republic of Congo, and Côte d'Ivoire. It’ll be safer to purchase diamonds from Canada, Sierra Leone, Botswana, and Namibia.

●  Look for ‘Conflict-free diamonds’ - You will find that ethically sourced diamonds will be labeled as conflict-free by jewelry companies. These are diamonds that are not sold by any rebel or terror groups that take advantage of their value and often go to war to mine and sell diamonds. When you’re shopping for your budget-friendly engagement ring, look for these keywords on a company’s website. You’ll typically find these on their ‘About us’ page.

●  Ask for Certification - Ethically sourced diamonds will always come with a certificate that confirms this. It can be a brand new or second-hand engagement ring. Always ask for certification to help you confirm their source.

What Ring Designs Are Available?

Just before you really start narrowing down on a ring to invest in, have a good look at the different engagement ring designs you can find in the market. This will give you a better idea of what you like, what you don't, and what you think your partner would want.

Take some time to browse through your options. You'll find that design can play the biggest role in the way a diamond ring is priced. The Carats of a diamond can drastically affect the price. The craftsmanship that goes into the design also affects the price. You'll find that even the jeweler you're buying from makes a difference. Get familiar with the market and what prices to expect, before choosing what budget-friendly engagement ring to go for.

What Budget Are You Working With?

If you’ve tried to look through the online world of diamond jewelry, you’ll know that you have an endless amount of options. There are so many different jewelers, designs, and stones to choose from, making the decision feel almost impossible to make. A good way to narrow down your options is to plan your budget ahead of time.

Consider how much you can afford for an engagement ring. For a budget-friendly engagement ring, you can choose from a $500 to $1500 diamond ring. You'll find a great selection of affordable engagement rings at Brillianteers.com. The best part is, they have categorized their rings according to your budget, making the entire shopping process online a lot easier (and faster) to do.

Tips on How to Buy a Budget-Friendly Engagement Ring From Home

Diamond jewelry is an expensive investment to make, but an investment worth making. The price of a diamond ring will not decrease in value, and if you're lucky, it might even increase in time. But regardless of how great of an investment this is, what you'll buy will depend entirely on what you can afford. These tips will help you find a budget-friendly engagement ring from the comfort of your own home.

Take Notes of Your Best Choices

With the vast volume of designs and shops that you can choose to buy from, it’s a good idea to take notes. You can quickly lose sight of what you like and what you don't. You have found a good ring, but not know where you saw it because of all the sites you’ve visited. Here are ways that you can take notes of the best engagement ring choices you find:

●  Bookmark any sites with a promising choice to guarantee that you can go back to this website later on.

●  Take notes of the design you like and their prices either on your phone or a piece of paper.

●  Take note of the characteristics of the engagement ring. You can write down the stone’s weight, its clarity, and its metal to compare these with their prices later on.

These notes will help you make a well-informed decision. You’ll be able to compare all of your best choices, and ultimately find

Look For a Sale Opportunity

You’ll find that many online jewelers offer some of their engagement ring designs for sale. This could be a special sale event to go along with major holidays. It’s a good idea to take advantage of this if you’re looking to find affordable engagement ring options.

Have a look at their ads, or check any notices they have on their website about upcoming sale opportunities for you to get your engagement ring at a far cheaper price. This is a sure way of you getting the ring of your partner’s dreams, while still sticking to the budget you are aiming for.

Consider the Return and Repair Policies

As enticing as it may seem to buy a really cheap engagement ring, it’s possible that the reason why this is so affordable is that it doesn’t come with any return or repair policies.

A damaged piece of jewelry won’t be worth that much. It’ll be disheartening buying an expensive engagement ring, only to find out that there’s something wrong with it and you can’t return it or have it replaced. This is why it’s important to take your time to read the fine print and confirm that you are buying a piece of jewelry with a return and repair policy you are happy with.

Buy the Right Insurance to Protect Your Purchase

With such a valuable item, it’s common that jewelry pieces such as diamond rings are targeted for theft and criminal activity. It’s also easy to lose. If there’s one thing you should definitely do, it’s to protect your jewelry with the right insurance coverage.

Before opting to buy from a specific jeweler, ask them of their opportunities for insurance, or what recommendations they can make to give you the best coverage to protect your investment.

Avoid High-End Brands

Much like most things in the consumer market, you’ll find that there are high-end brands and names that sell pieces at far more expensive prices than the average cost.

In the world of jewelry, you’re looking at Cartier, Harry Winston, and Tiffany and Co. These are spectacular brands, but there’s no denying that you can find designs that they have, sold for a lot cheaper, by less known brands. If you’re looking to buy a budget-friendly engagement ring, it’s a good idea to steer clear of the more expensive brands in the market.

Look For Clarity Enhanced Diamonds

It is possible to find exactly the same engagement ring from two sellers with the same weight, the same metal, and the same design, but sold at two completely different prices. One can be $500 and the other, $2000. You must be wondering why this is so.

A good reason for this is that the more affordable engagement ring is actually clarity enhanced diamond. In the said example above, the $2000 diamond ring has a stone with absolutely no flaws. The $500 diamond, however, has a stone with flaws, but it has been chemically enhanced so that these flaws have disappeared.

At the end of the day, it is only a trained eye with the right equipment that can identify the difference between the two. This means that you can buy a more affordable engagement ring, and it won’t look any different from the expensive one.

Buy Just Below a Full Carat Weight

Not a lot of people know this, but reaching a full weight in carat increases the value of a stone at a significant price. For example, a diamond that’s 0.95 Carat in weight can costs almost $300 less than a stone that’s 1.05 Carat. If you buy a ring that has a diamond that’s just below a full Carat, you can get it for cheaper, but still have a ring that will have a diamond that will look almost identical to a full Carat diamond.

Final Thoughts on Buying a Budget-Friendly Engagement Ring

Finding that perfect budget-friendly engagement ring may seem like a steep task to do from home, but you’ll be surprised at just how easy it is. You have a lot of options to buy from online. The key to a good buy is to guarantee that you are making well-informed decisions. Do your comparisons, learn what you need to learn about jewelry and diamonds, and use these helpful tips to keep you within your budget, without the compromise of buying something of low quality, or a ring that you’re not happy with. Above all else, make sure you take your time to enjoy the process. You’d want to end your shopping experience with the absolute perfect ring for such an important milestone in your life.