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Top Tips for Getting the Best Value on Your Engagement Ring

October 20th, 2024

a woman’s hands and wrists adorned with chunky white sweater sleeves and white gold engagement ring

One’s engagement ring is a symbol of love and a lifetime of memories, and it is possible to find a stunning piece without overspending. We at Wilson & Son Jewelers understand that making thoughtful, informed choices can ensure such a purchase, and have crafted a list of tips to help our readers and clientele balance beauty and budget. By taking certain steps, one can maximize the ring’s brilliance without breaking the bank. Wilson & Son Jewelers is committed to ensuring that your ring remains a meaningful and dazzling representation of your love.

Opt for a Solitaire Setting

A solitaire setting offers a beautiful way to highlight a single stone without added embellishments, keeping the focus entirely on the center diamond or gemstone. This design eliminates the need for extra side stones or intricate metalwork, which can drive up the price. Its timeless simplicity also allows for a versatile, elegant style that will never go out of fashion. By choosing a solitaire, you ensure that your ring exudes sophistication while staying within budget.

a man’s hand holding a woman’s that is adorned with an oval cut halo set engagement ring

Choose Specific Diamond Shapes

Although a center stone diamond’s shape does have the most overall effect on an engagement ring’s aesthetic, it can also affect the total cost of the ring. Some diamond shapes are more expensive than others due to the skill required or diamond waste that may result from the cut. The round brilliant is generally considered the most expensive diamond shape whereas cushion and princess cut diamonds can sometimes be less expensive while still being gorgeous. 

Go For Slightly Lower Carat Weights

Carat weight plays a significant role in the price of a diamond, and choosing a stone just below common thresholds—like 0.9 carats instead of 1—can lead to major savings. The difference in size is often nearly imperceptible, but the cost can drop considerably. This small adjustment allows you to allocate more of your budget toward other important features like cut and clarity, ensuring a brilliant, eye-catching stone that doesn’t overshoot your budget.

a woman’s hand extended and adorned with a three stone engagement ring

Consider Alternative Gemstones

Choosing a non-diamond gemstone such as sapphire, emerald, or morganite adds a personal and unique touch to your ring. These gemstones not only offer vibrant colors that stand out, but they can also be far more affordable than diamonds. Many of these stones, like sapphires, are still highly durable, making them a practical yet distinctive option. An alternative gemstone allows you to create a custom and memorable design while keeping the price lower than a traditional diamond ring.

Opt for White Gold Over Platinum

Platinum is known for its durability and luxurious finish, but it can be significantly more expensive than white gold. White gold offers a very similar appearance, providing that same bright, silvery look at a fraction of the cost. While platinum requires less maintenance over time, white gold can be refinished to maintain its appearance, making it a smart alternative. Choosing white gold allows you to invest in a quality ring that retains a high-end look without the hefty price tag.

a woman’s hand holding a solitaire engagement ring and wearing a teal top

Discover Your Engagement Ring at Wilson & Son Jewelers

At Wilson & Son Jewelers in Scarsdale, helping you find or create the engagement ring of your dreams is our passion. With a stunning selection of designer rings and expert custom design services, the possibilities are endless. Our diamond education services ensure you feel confident in your choice, guiding you through every detail to make the best decision. Visit our Scarsdale jewelry store to explore our collection or collaborate on a custom design. Request an appointment today for a personalized consultation with one of our experienced team members. We’re here to make your vision a reality.