A beautiful 6 prong comfort fit solitaire diamond ring.
So, you’ve finally decided to propose and you are shopping for the epic diamond engagement ring to make her say “Yes!”. But, buying a diamond ring can be a daunting experience especially when there are large amounts of cash involved.
Here at Beyond4cs.com, we have used a proven process to help thousands of people make rational decisions while shopping for their diamond rings based on tangible information.
Below is a short-hand checklist that will help you prepare for what lies ahead and steer you away from common pitfalls in the jewelry industry. I’ve also included additional tips, references and information in each of the steps below.
Set a budget on how much you are willing to spend on a diamond ring and stick to it. This will form the basic parameter to narrow things down when you are shopping. You should spend within your means and shouldn’t get into debt for a diamond ring purchase.
Also, I often see people get talked into making significantly larger purchases due to hard-sell tactics in local stores. Having a predetermined budget will also keep you rational and prevent you from overspending.
Although most engagement rings can be resized without any issues, getting the ring size right would reduce the hassle of having to send it back for a resizing job. It would also save you the embarrassment of proposing with a ring that doesn’t fit.
For most people, finding the correct ring finger size discreetly is probably the most challenging part of buying a diamond engagement ring. The easiest way to do this without her finding out is to “steal” and secretly measure a ring your partner wears.
I’ve written an article on this topic and you can use it as a reference to get more ideas on finding out her ring finger size.
Instead of blindly shopping around, find out what the recipient likes and what her styles are. Does she like a round, princess or cushion cut diamond? Would she look better with a solitaire, pave or halo setting? What kind of color/carat size is she expecting?
You could start by looking at her social media accounts to find out her preferences or ask her close friends for tips. You might also want to go through magazines, fliers or Pinterest boards to get inspiration.
When buying a diamond, it’s important to have a good understanding of the 4Cs (cut, carat, color and clarity) as these characteristics will affect the appearance and value of the diamond.
In my opinion, carat size and cut are the most important factors that you should place your priorities on. From a practical perspective, color and clarity are largely subjective factors as the casual viewer won’t be able to notice small differences in color or clarity ratings.
Jewelers like White Flash offer video and light performance data to help you make a better analysis.
Working with a reliable jeweler is key to shopping with a peace of mind and getting a high quality diamond ring. Good vendors often place the interest of the customers as a priority and this can usually be seen in their business practices.
Here are some of the things you should look out for when choosing a jeweler.
– Do they sell GIA or AGS certified diamonds?
– Do they stand behind their products with money back guarantees?
– Do they provide indepth details like videos/light performance images in their listings?
– Do they have a good reputation and reviews from customers?
– What are their sales and upgrade policies?
– What are the types of ring setting styles they offer?
I’ve curated a list of the best places to buy an engagement ring and these are businesses that I personally made purchases from.
So, weigh out your options before making any final buying decisions. You might also want to compare after-sales services or any other form of value added services that a particular vendor may provide.
I recently bought this fantastic looking engagement ring with a super ideal cut diamond.
Contrary to popular belief, it is best to do your own research when selecting a diamond instead of relying on a jeweler with a vested interest to do it for you. That’s because most jewelers have little knowledge about cut quality or light performance.
The best way to buy a diamond ring that is suited to your needs is to pick out a diamond yourself and complete it with a ring setting. Using this comprehensive guide I’ve written, you can easily buy a sparkly and eyeclean diamond regardless of the budget you have.
Should you swipe that card or not?
Paying in cash or via bank wire in full would get you a discount and that’s how I personally pay for purchases when I buy from reliable vendors. In any case, I don’t recommend financing or credit payment modes offered by jewelers.
Most of the time, these credit terms are excessively overpriced. i.e. the interest and other ‘charges’ are pretty high. If you had to finance a diamond ring purchase, it would be better to use your own credit card or make personal funding arrangements with your bank.
Before you commit to a purchase, you want to do a final check on the timeline you are on with the jeweler. Depending on the time of the year, the complexity of the ring design and the workload of the jeweler, it can take 1-4 weeks of waiting time for the ring to be made and delivered.
In general, I recommend you start shopping at least 8 weeks in advance to be safe. If you set aside a conservative 4 weeks to do your research and another 4 weeks for the jeweler to complete the ring, it would be just the right amount of time to get things done perfectly.
The last thing you want to do is to rush into an engagement ring purchase as it can cause you to make impulsive decisions or place undue stress on the jeweler to deliver on a tight deadline.
To recap, buying a beautiful looking diamond engagement ring isn’t that difficult as long as you follow a methodology that is based on tangible information instead of outlandish marketing claims.
The advantages of having a checklist are as follows:
With that, I hope you found this checklist useful. Happy shopping! Feel free to get in touch with me if you have any questions or require my help to pick out a diamond.