Engagement rings, wedding rings, and promise rings can run you a considerable amount of money. There are rings available in every price range. The more affordable rings would run you only a few hundred dollars. Expensive rings can easily run you tens of thousands of dollars or more. If you are looking for a quality engagement ring with an affordable price tag then you should know what all to watch out for.
The most important thing to know is what characteristics of a ring have the largest impacts on the price of it. Some of the major factors in the price of a ring include the metals it is made out of and the gemstones that are set in it. Take a look below for a bit more details on why each of these characteristics plays such a major role in the price of the ring.
Jewelry metals are becoming more and more expensive. Some of the more desirable choices such as white gold and platinum have significant price tags on them. The cost of the metals in the ring will vary depending on the type of metal, karat amount, and weighed amount that is used to make the ring.
Gemstones are often used in jewelry to add a considerable amount of appeal and value to any piece of jewelry. They are necessary in almost every ring. Some of the higher quality precious and semi precious gemstones such as diamonds, rubies, sapphires, and pearls can run you quite a bit of money. The cost of the gemstones that are set in an engagement ring will vary tremendously depending on several factors such as the cut, clarity, color intensity, and carat weight.
When shopping for rings there are many possible ways that you could go about saving money. The first would be to purchase a ring with imitation stones. This is not a good idea for most individuals as it will give the ring a fake appeal that you generally do not want. If you are looking for a cheaper alternative to diamonds then you may want to consider enchanted diamonds. You will get almost the same visual appeal, if not better, and you have numerous colors to choose from as well.
You could purchase a customized ring through a jewelry store. This would allow you to customize the ring, stones, and settings of the ring according to your tastes. This method is especially unique and effective because of the fact that you can choose the specific stones (by cut, clarity, etc) that you want set in the ring. This option is most common for diamond rings though.
Buying a used ring may also be a good idea. This will allow you to purchase a ring for half price or even less. There are downfalls to buying used but it may be the most beneficial option for you. The ring may be slightly worn but if you purchase a decent used engagement ring then just a bit of shining should bring it back to life. There are many classifieds websites and local classified papers that you can find used rings listed by private sellers.
The best thing you could do is educate yourself on the specific characteristics of a ring that make it valuable. If you are set on a specific type of gemstones then research that type of gemstone ring in particular. There will be a sufficient amount of information available online for you to really get an understanding on how that type of gemstone engagement ring is valued.
After you have a better understanding on what factors into the value of a ring you will be able to look for one to purchase. You will want to have a set budget and only look at rings within that amount. With your knowledge on how to determine the rings true value you will be able to find the best value ring for your money. To close, you should spend some time looking for the ring that appeals the most to you and make an educated investment so you get the best value for your money.