So, you have reached that special moment that many have long for – the time to buy an engagement ring for that special someone. And you have a generous budget of $10,000 to purchase the ring of her dreams. But where do you start?
In this article, we will reveal useful shopping tips and insights for a budget of ten thousand dollars. We will also explore the unique possibilities of what a $10000 engagement ring design may look like.
Let’s dive in!
First of all, you need to understand that a diamond ring is made up of 2 components: the diamond and the ring setting. For people with a fixed budget, this would mean balancing the amount of budget for each individual component.
Personally, I would recommend allocating the bulk of your money towards the center stone before using the remainder towards the setting. Of course, this could go either way based on the preferences and expectations of the recipient.
Now, if this is your first time shopping for a diamond, a good understanding of the 4Cs will enable you to pick out the best possible stone for your stipulated budget.
Make sure you read the following sections before returning here:
1. The 4Cs of Diamonds That Buyers Should Know About
2. The Ultimate Step by Step Guide to Buying a Diamond Ring
3. Ideal Proportions and Guidelines for Round Diamonds
4. Why You Need to Avoid the Mistake of Buying Blind
5. A Beginner’s Guide to Understanding and Comparing Diamond Prices
6. The Best Places You Should Visit When Buying a Diamond
One of the biggest misconception that uneducated shoppers have is the belief that higher color and clarity ratings lead to a more beautiful diamond. When it comes to sparkle and beauty, CUT is KING. It is the most important attribute in the 4Cs that has the biggest impact on the diamond’s appearance.
When it comes to getting the biggest bang for your buck (literally), a minimalistic ring design would allow you to allocate more money towards the center stone. Variations of the traditional 4 or 6 prong ring settings offer different designs to choose from and provide the best value for money.
Let’s check out a couple of examples below. First, let’s start with this simple and elegant cathedral 4 prong setting from Ritani. At the time of writing, the setting costs $440 and with a budget of $10000, it leaves us with $9560 for the diamond.
I’ve handpicked a super ideal cut diamond with G color and VS1 clarity. In total, the completed ring costs slightly less than $10,000. Now, I strongly encourage you to click on the images and interact with the diamond listing and see full details of the settings.
If you are wondering how many carats you can realistically get for a ten thousand dollar diamond ring, this next example will offer some insights. By going lower in color and clarity (while maintaining eyecleanliness), you can maximize carat size for a fixed budget.
Compared to the previous example, you could get a significantly larger sized 1.4ct diamond by going down to J color and a VS2 clarity. Personal preferences on color/clarity/size will play an important role when selecting a diamond.
Again, I want to emphasize how easy it is to create your own ring and to come up with an amazing design. Let’s check out a couple of pave and halo rings that other people had bought at Blue Nile.
For full details, simply click on the images…
This elegant French pave ring showcases melee diamonds that accentuate the main diamond. Made in platinum, the total cost of the ring is roughly $10,000 and features a 1.30ct oval diamond.
Shaped like a beautiful flower, this scalloped floral halo engagement ring has a vintage touch of class and feminine glamour. With intricately made floral motifs, the price of this setting is only $1,490! For a $10,000 wedding ring budget, it leaves you more than enough for a high quality center stone.
This breathtaking pave ring with a halo center is an epitome of beauty. Besides providing multi-dimensional sparkle, the halo also creates an illusion of a single large looking diamond when seen from a distance.
This Verragio ring is one of the most budget-friendly designer setting in the market. Not only does it offer a distinct look, it is also intricately made with superb craftsmanship. With this design, you have a remaining budget of $8,550 for the center stone and we’ve chosen a 1.14ct G color diamond for a total cost of around $10,000.
One of my favorite jewelry designers is Danhov and the brand has won several high profile awards by JCK’s Jeweler’s Choice. Their trademark rings feature swirly features and utilize elegant design elements.
While designer rings can offer a special and unique look, they also tend to cost more. Obviously, this would eat into the remaining budget for the diamond and we’ve selected an ideal cut diamond that costs around six thousand dollars.
Now that you have had a chance to see beautiful options available for around $10,000, I hope this article has given you some ideas and insights to shopping for your perfect ring.
Which of these rings did you like best? Leave a comment and let us know!
As a reminder, the choice of center diamond is just as important as the setting and you should prioritize cut quality. Also, you should find out what your recipient prefers and her expectations of the ring.
Figuring out what she wants before you go shopping will save you time and ensures that you buy something she will enjoy wearing.
Lastly, if you have any questions or need help with a second opinion, feel free to drop a message below or email me directly.
Have fun shopping!