Cost Comparison

dollar man_frontstore 8u9478When making the decision to purchase jewelry, especially that first major purchase just before an engagement to be married, there are several things to consider so that this first major decision during the marriage period starts on the right foot. Making the right financial choices at the very beginning of a marriage is a measurement of how you will likely approach the (financial side) side of your marriage as well. Establishing a good financial foundation at the beginning is critical for a strong and long-lasting marriage.

It is never a good idea to go in debt to purchase an engagement ring. The average cost of a diamond engagement ring is $5,500 to $9,000. That does not have to be the case. If you have read our article on the history of diamonds, you will see that the price of diamonds has been manipulated (by supply and demand) by one organization. Diamonds are not rare, but we have all grown up believing they are, and you need to spend two months’ salary for the bride-to-be. We hope to illustrate in the following pages how, by using credit instead of cash, you can spend an exorbitant amount of money, and waste away your financial security, right from the  first financial decision – the engagement ring.


loose-diamond-2589_storefront The Stones…..

When selecting a mined diamond, the price means little unless you understand the four factors that determine the quality and price of a diamond, known as the four Cs: color, cut, clarity, and carat size. Generally speaking you can expect to pay the following (it varies greatly depending on the four variables above):

$125 to $500 for 1/4 carat or less, set in 10 to 14 carat gold

$700 to $1000 for a slightly larger stone

$1000 to $2,000 for diamonds between .3 and .5 carats, some with a platinum or 18 carat gold

$2,000 to $3,500 for high quality diamonds between .30 and .57 carats or mid to high quality diamonds up to .75 carats

$3,500 to $5,500 for diamonds from .4 to 1 carat in 14 or 18 carat gold

$5,500 to $9,000 for quality 1 carat stones in 18 carat or platinum settings

$9,000 to $18,000 for quality 2 carat stones in 18 carat or 24 carat settings

On the other hand, for a simulated diamond, the price difference between a  1/4 carat & 2 carats will be less than $700.



By buying an diamond alternative, man-made diamonds you can get a truly amazing ring, with a phenomenal setting. If you want to make this a starter ring (like a starter house), you can easily upgrade later with a mined diamond. The settings we have are just as good as 90% of the other jewelers nationwide. They are made from the finest metals and with the best manufacturing methods which will ensure that it endures as long or longer than your relationship.

Best wishes in your shopping experience!