7 Easy Hacks to Save Money on an Engagement Ring

7 Easy Hacks to Save Money on an Engagement Ring

 

How to actually save money on an engagement

The first thing to do is set a budget, that way you'll have a determining factor which is fixed. This can help narrow dow your search.

Here are some of the best ways to save

  1. Set a budget
  2. Shop with reputable brand
  3. Stick with certificated diamonds
  4. Consider similar carat*
  5. Focus on the quality
  6. Consider a Halo design
  7. Consider alternative precious stones

 

1.Set a budget

It's easy to visit a store and fall in love with an engagement so it's important to set your self a budget and stick to it. It sounds simple but we all know easy it is to pull out that credit or take out attractive finance options. By doing some research you can manage your expectations by know what you can roughly get.

2. Shop with a reputable brand

You've heard so many horror stories of buying from different stores online and offline. Although you can buy jewellery for similar prices, the final product quality can differ quite significantly.  Be sure to check for authentic reviews and how long they have been around.

3. Stick with certificated diamonds

A diamond certificate shows you the authenticity of the characteristics of a diamond. They are independent of the diamond manufacturer and will display the gradings of the cut, colour, carat qualities. The most popular labs are GIA, HRD, IGI and Forevermark. Click here for more information on certificates. 

How to Get a GIA Diamond Grading Report | GIA Diamond Grading & Reports |  4Cs of Diamond Quality by GIA

4. Consider a similar carat weight

By understanding the how diamonds are priced you can effectively purchase a larger looking diamond with less carat weight. For example, by bselecting a 0.96ct you can save upto £1000 whilst still achieve the look of a 1.00ct diamond. Check how diamonds are priced for more information.

5. Focus on quality

This doesn't actually mean purchase the highest clarity diamond, in fact choose a diamond which appears eye clean and sparkly, so one that you can't see inclusions or blemishes with the naked eye. In general VS2 clarity and above is not visible to the naked eye, and some SI1's if they are very small or a clean SI1. Also look at the overall cut quality, on a round brilliant diamond, an excellent cut will appear larger then one which is only a good or very good cut.

What is Diamond Clarity | The 4Cs of Diamond Quality by GIA

6. Consider a Halo Design

A halo design can help make a smaller carat diamond appear larger whilst still being sparkly if not more and having a unique beautiful design.

7. Consider alternative precious stones

If the person your gifting is not adamant they have to have a diamond, consider alternative precious stones. Although still can be costly will still be less then a diamond. Diamond alternatives such as lab diamonds or precious stones such as sapphire, ruby and emerald.

More than the Mohs Scale – Understanding Gem Durability

If you have more questions about selecting the best ring for your budget feel free to book a call with us.

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There are several factors to consider when buying a diamond ring, it's important to understand the fundamentals as it will help you factor in which are more important to you. Check out the fundamentals of diamonds and how diamonds are priced.

June 08, 2022 — PETER NGO
How are diamonds priced?

How are diamonds priced?

In order to understand a diamonds value and rarity it's important to have an understanding of the 4'Cs.

Once you have decided on the following factors, Colour, Clarity, Report origin, Measurements, Cut quality such as depth, table, girdle and fluorescence.

Diamond Anatomy, Explained

The next determining factor is carat weight.

Learn What Carat Means and What Diamond Carat Measures | 4Cs of Diamond  Quality by GIA

Here's some inside information on a diamond hack you can use to obtain a visually larger diamond without sacrificing quality and maximising your budget.

Diamond Pricing 

Diamonds are governed in accordance with a table known as a RAP or List price. These are updated weekly and are based on supply and demand from mines, manufacturers, dealers and retailers. (These are only available to diamond industry professionals.)

Its looks something like this.

Rapaport

Carat Weight

  • 0.30 - 0.39
  • 0.40 - 0.49
  • 0.50 - 0.69
  • 0.70 - 0.89
  • 0.90 - 0.99 
  • 1.00 - 1.49
  • 1.50 - 1.99
  • 2.00 - 2.99
  • 3.00 - 3.99
  • 4.00 - 4.99
  • 5.00 - 5.99
  • 10.00 - 10.99

So for example you could find a diamond which is 0.68ct which appears like a 0.75ct however is priced in a lower tier price bracket saving you £100's.

Same applies for buying a 0.98ct which appears like a 1.00ct but priced in a lower tier price bracket and again saving you over £1000 potentially.

 

 

Book an appointment and speak to one of our experts today!

How much is a diamond?

How much is a diamond?

No matter how big or small the diamond, it'll be one of the most valuable purchases a person will make. At Klarity we'll guide you on how to make the most of your budget a provides true value at a price which your are comfortable with. Diamond prices are reflected in their rarity, size and quality.
Why Engagement Rings are Important - KLARITY LONDON

Why Engagement Rings are Important

Although we’re not as hard-stuck to wedding traditions as we used to be, one of the most enduring elements is the engagement ring. Considering the bride is given a wedding ring on the big day, you might be wondering why engagement rings are important at all. So why are they important?

Engagement rings were important in a historical sense because they showed the bride-to-be to be “unavailable” to new potential partners. In a modern sense, however, they’ve come to symbolize a partner’s commitment to their relationship and coming marriage.


The importance of engagement rings


The use of engagement rings can be traced back to ancient Egypt, but the idea was popularised by the ancient Romans, and it was from there that the symbol of the engagement ring became associated with the Christian tradition of marriage.


Back in those days, the engagement ring primarily marked the woman as “off the market” to other suitors. Remember, this was back in the times when marriages in upper classes were more for financial gain and power, and so many men would try and marry the daughter of a rich and powerful man.


As with many other customs, much of our modern interpretation comes from the Victorian era. While women were wearing engagement rings before this time, this was when many of the popular styles were invented, driven mainly by the rise of the middle class. More people with money meant more variety in the goods they were buying.


Styles such as cluster engagement rings were popular during this time, as were halo engagement rings with oval stones. During the 20th century, however, designers branched out into even more styles, with the art deco movement having a surprising impact on engagement ring style.


Although platinum took off as a popular metal for engagement rings in the 1920s, WW2 forced many jewellers to return to gold as their metal of choice. However, this changed again the 1950s and the latter half of the 20th century saw a drop in halo engagement rings in the UK, with designers again favouring square-cut stones.


What do engagement rings mean?


In the 21st century, the main purpose of engagement rings isn’t dissimilar from their historical meaning, although there’s definitely less of a sense of ownership attached. They now symbolize the commitment of both parties to the relationship: to the giver they show their desire to confirm the relationship, and to the wearer the ring symbolizes their agreement.


Effectively, engagement rings act as something of a contract between the two parties to someday (presumably in the not too distant future) to make the next step in their relationship: marriage.

Engagement rings can also be seen as a symbol of pride for both parties, particularly if the buyer does a good job in choosing the right ring. They of course also symbolize the love shared between both parties, and can act as a reminder of what they share, particularly if any difficulties arise in the relationship.


Conclusion


Engagement rings have always been a symbol of commitment between the two parties involved in a relationship, and act as confirmation for them taking the next steps. While some of their meaning might have changed in modern times, engagement rings will always act as a symbol of love and pride for both the buyer and the wearer.

How to wear wedding and engagement rings - KLARITY LONDON

How to wear wedding and engagement rings

How to wear your engagement ring or wedding band

During a wedding, there are plenty of diverse rings that will help you mark the exceptional moment. Wearing a ring is pretty simple, don’t fear if you get confused about how to wear them. The fourth finger on your right hand is for the engagement ring. Move your engagement ring to your left hand, on the fourth finger when married. However, the wedding ring should be kept closer to the heart so it goes first and then comes the engagement ring.  Wearing the eternity ring depends on you. You can wear it on top of your wedding and engagement ring otherwise wear it on the opposite hand.

To stay away from any slip-up when you get confused by the options, you must know what each ring represents. Here’s a rundown of the principle of each one and where to put them on:

  1. Engagement Rings

Anthropologists believe that engagement rings originated from a Roman tradition where women used to wear rings connected to tiny keys to represent their engagement. This shows that engagement rings  have been popular for centuries. The engagement rings that were extremely in fashion throughout the 15th and the 17th centuries in England and France, were the Gimmal rings and Posie rings. The Gimmal ring that features two to three links that fit as one to form a ring. The Posie ring is a metal band that features a small message on their shell. Archduke Maximillian of Austria presented the first-ever diamond engagement rings to his fiancé, Mary of Burgundy, back in 1477, which became a trend in the European aristocracy that is now a tradition till this date.

Engagement rings  are usually worn by a woman that is given to her by her partner who has proposed marriage to her. She wears it to signify that she is engaged to be married. At the time of the marriage, the bride-to-be removes her Engagement ring and puts it back on later.

 

The fourth finger of your right hand is usually for the Engagement ring. The Engagement ring should be shifted to the opposite hand (same finger) after getting married and position it on top of your wedding ring

 

  1. WEDDING RINGS

A promise of a future together is symbolised by the

wedding ring . and a love that is complete and everlasting is represented by its round shape.

wedding ring is as old as the Engagement ring, being in style amongst the primeval Greeks and Romans. At the present time, both spouses wear them but earlier it was only the wives who were supposed to wear them. Some had two different wedding rings, one for wearing inside and the other in public. Wearing of wedding rings wasn’t traditional for both spouses until the 20th century In the United States. Platinum and gold are the most popular materials for wedding ring however, it comes in a diversity of designs and materials.

The fourth finger on your left hand is usually for the wedding ring. It was assumed by the Ancient cultures that this finger had a vein that leads straight to the heart. Currently, the tradition is still followed but it has been confirmed that this vein doesn’t exist. We stock 3 beautiful mens ring collections. Classic bands, luxury bleu royale collection and the out of this world Carlex collection.

 

  1. Eternity rings

 This ring isn't one you would get together with your engagement band or wedding band but on significant marriage landmarks such as to celebrate a wedding anniversary, the birth of a couple first newborn and other well-known and significant events of their marriage life.

 

These eternity rings or otherwise called infinity rings are an image of everlasting affection and as well as of extravagance. These eminent rings include indistinguishable cut diamonds encrusted all around the metal band and have an outstanding glow that sparkles around the band, regardless of which point you are taking a gander at it from. For the individuals who have a liking for colours shall utilise gemstones like sapphires or rubies concurrently with diamonds

 Half eternity rings are as magnificent and extravagant as eternity rings yet the base constitutes pure metal. 

The eternity rings can be worn either over your wedding and engagement rings or in the middle. A better option for those with a bigger engagement ring is to wear it on the right hand.

Eternity bands and wedding ring ideas Noam Carver collection

 

What is the right order for wearing engagement, wedding and eternity rings?

According to customs, after your marriage, a wedding ring should be worn first followed by the engagement ring since it is closer to your heart than the engagement ring. They are both worn on the third finger of your left hand, However, few also choose to wear them on separate hands especially if they have shorter fingers since wearing two rings on the same finger can make it appear smaller. Additionally, it can be uncomfortable for few individuals to wear all these rings on the left hand as per customs especially if they have a very active lifestyle, so a better option would be to wear engagement and wedding rings on the left hand and the eternity rings on the right hand.

how to wear an engagement ring or wedding band

In the end, the decision comes all down to you. And you can either follow the customs and wear accordingly or be your own stylist and trendsetter and wear it as per your taste and liking.