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Don't know how much to save for that special engagement ring you desire?
The purpose of this blog is to demonstrate the price of an engagement ring and to explain how to use this information to obtain reasonably priced engagement ring.
What is an engagement ring exactly?
It has been customary since ancient times to wear an engagement ring. It indicated that the bride had received the dowry at that point. It has since evolved into the romantic icon we now value.
The promise of marriage is represented by the engagement ring, which also represents loyalty and commitment to a valued spouse.
The ring's design itself gives away its meaning: it is round, without beginning or end, and as such, has come to represent perfection, infinity, and eternal love across the world.
In South Africa, the average cost of an engagement ring is between R30,000 and R40,000.
THE MOST POPULAR STYLE OF ENGAGEMENT RING IN 2022
Rings with oval-shaped gems seem feminine, refined, and fashionable. It makes sense why they would be among the top jewelry trends in 2022. The oval-shaped diamonds are the epitome of elegance and beauty. Whether in a solitaire or halo setting, their beautiful contours allow the stone to glitter even more brilliantly.
Oval solitaire engagement rings are very popular in 2022. Variations on the solitaire theme are very popular as well. The solitaire setting style emphasizes the true beauty and luster of oval cut diamonds to the fullest.
Want to know more about engagement rings?
LIST OF ENGAGEMENT RING STYLES
2. THREE-STONE STYLE
6. SHANK AND SPLIT-SHANK STYLE RING
7. DOUBLE DIAMOND STYLE
8. TENSION SETTING RING
12. SINGLE COLORED STONE
14. VINTAGE ART DECO STYLE
15. VINTAGE EDWARDIAN RING
16. ART NOUVEAU
17. MODERN CONTEMPORARY
WHAT GEMS ARE TYPICALLY USED?
A fancy color diamond is unquestionably the most dazzling and unusual stone to ever come from the earth, and it is even more uncommon than a colorless diamond.
Champagne, black, yellow, yellow, pink, blue, and green are some of the colors of diamonds. Pure white diamonds are classed as color "D" and command a premium price. As you move along the color scale the color grade gradually move to yellow tones and the prices go down for yellower stones. However when the color saturation reaches "fancy yellow" you see a dramatic rise in the cost of these rare, premium diamonds. With fancy colored diamonds color is a significant component that affects the value of the stone. Other important factors that affect the price of a diamond is clarity, cut and carat weight (also known as the four C's)
The rarest colors are red, pink, blue, grey and orange, followed by yellow and brown. The most often used colors are yellow and brown, making them also the most economical. In addition to the spectral hue, rarity is also influenced by the color's uniformity and saturation.
Because of their brilliant color and durability, sapphires are a favored gemstone for engagement rings. Sapphires are known to come in a wide range of hues, and some even have the ability to change color. The stone may seem blue in one light and grayish-green in another due to these natural light changes. However, heating the stones to improve their color is a typical process in the sapphire trade.
The corundum mineral family, which also includes both sapphires and rubies. Despite having the same crystal structure as sapphires, rubies are distinguished from them by their distinctive color beauty and extensive historical importance. The most popular ruby color is a deep red with a little pink undertone known as "Pigeon's Blood Red." Similar to sapphires, rubies are frequently heated to enhance their color and clarity.
Due to their rich, deep green colors, emerald is a rare gemstone that is highly prized. Emeralds, a type of the mineral species beryl, are infamous for having obvious faults. Finding a natural, flawless emerald is quite unusual. Because of this, emeralds with very few inclusions and faults and excellent hue are treasured finds. However, emeralds require more care while wearing and keeping them to ensure their long-term protection because of their inherent inclusions.
Another gemstone belonging to the Beryl family of gems. Aquamarine is normally light to medium blue in hue, occasionally even greenish-blue. Aquamarines are frequently seen in bigger sizes and many of them have good clarity. This stone has a lot of appeal because of its serene color and nearly perfect appearance.
Since moissanite is an uncommon mineral and no known gem quality deposits exist, All moissanite stones used in jewelry are artificially created. Moissanite was first introduced to the jewelry industry in 1998 by the company Charles & Colvard and has since become recognized as a very desirable diamond substitute. The intrinsic brightness of a diamond is rivaled by the gorgeous way that moissanite reflects light. Additionally, their strength and resilience make them ideal choices for jewelry that takes heavy wear such as rings.
Pink to peach beryls are known as Morganite. The pinkish hue can include orange undertones as well as salmon undertones. Morganite, a stone with a strong romantic aura, was given that name by renowned financier and gem collector J.P. Morgan. The Morganite stone is often bigger in size and highly transparent, much like aquamarines. It may also be heated to get rid of the yellowish undertones and make it seem more pink.
Spinel comes in a wide range of hues, but its deep red hue—which is most comparable to a ruby—is what makes it so famous. The Black Prince's Ruby, one of the most renowned rubies in history, which was displayed in the royal crown of England, was later found to be red spinel since these two gemstones are so frequently mistaken. This gem frequently displays fluorescence, and it is almost never treated.
WHAT ARE THE DIFFERENT MEDIUMS AVAILABLE?
From gold to palladium, platinum to titanium, tungsten to sterling silver, there's a metal for everyone—and their budget!
Note: Titanium, Tungsten and Cobalt are not considered as practical metals for engagement rings due to their hardness that makes it near impossible to set gems in these metals.
PROS AND CONS OF DIFFERENT TYPES OF METAL USED?
Wedding bands or engagement rings made of platinum are the height of elegance. This unusual metal is among the world's most durable precious metals and needs very little upkeep over the course of its lifetime. It's gloss and light silver grayish tone provide a premium look. Platinum is also hypo-allergenic. This means that you can not get an allergic reaction from wearing Platinum.
The classic metal of choice. Gold is available in a wide range of colors, from the traditional yellow gold to the chic white gold to the alluring rose gold. Every one stands to retain its worth and has their own benefits.
Pure gold is one of the softer metals. For this reason gold is mostly alloyed with other metals to enhance the surface hardness and wear resistance of the metal. Although 24k rings are made entirely of gold, they are prone to bending, denting and scratch easily. Due to their increased durability, gold alloys with a carat purity of 9ct, 14ct to 18ct are typically advised.
The purest gold ring consists of 24ct gold. To determine the purity percentage of a ring, the following equation is used:
For example, if a ring consists of 24ct gold:
24 divided by 24 =1 x 100 = 100% purity
For example if the ring consists of 9ct gold:
9 divided by 24 = 0.375 x 100 = 37.5% purity
The drawback of gold alloys is that they sometimes contain elements like nickel or copper that some people are allergic to. It is best to double-check what other metals are in the mixture to avoid allergic reactions. White gold, is often plated with another precious metal called Rhodium to enhance the white color. After wearing your ring for some time, you might need to clean it or
Palladium may be a better option for those who adore the beauty of platinum but want a metal lighter in weight. Most of the time, the eye can not tell it apart from platinum. But palladium is significantly lighter and slightly softer while also being less durable. It's a wonderful alternative to platinum since it won't tarnish. Do not mistake this metal for being any less opulent because palladium is frequently used as the alloying component to produce white gold.
You might be tempted to choose a silver (or sterling silver) ring if you're on a tight budget. For individuals who desire a costly look for less money, certain pieces can even mimic platinum. A silver wedding band would not be a terrible choice for rings made of premium metals. You should be aware that this option demands the most maintenance. Silver jewelry has a propensity to tarnish and scratch quickly if not maintained. Low-maintenance individuals should choose a more robust metal.
The best and most cost-aware way you can obtain a price on an engagement ring, considering all the specifics, of course, would be to call a few jewelry shops and/or manufacturers that would enable you to compare prices and ultimately choose the perfect ring!
If you are looking for an engagement ring or only just looking to find out more about it, please don't hesitate to give us a call. We would gladly assist you. Or Visit our online store to view our selection of quality engagement rings
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