Buying an engagement ring is an exciting experience, and while the heart determines the design, the head should determine the budget. Engagement rings are expensive, and for good reason. The high quality materials, from diamond gemstones to gold bands, are meant to last a lifetime, so the expense is justified. That doesn’t mean everyone’s budget is the same, however. It helps to know that you can find a ring that satisfies all your years of dreaming and still comes in at an affordable price. Here are some of the most popular options within each common budget category to help you decide on a ring that’s thrilling but doesn’t leave you in the poor house.
Stunning at $5,000
Though a $5000 engagement ring sits at the lower end of what many people pay, it doesn’t require sacrificing an ounce of beauty. A great way to make the most of this budget is to purchase a ring with several smaller stones. Fortunately, vintage rings are wildly popular, and they often feature smaller stones with more ornate designs.
Brides-to-be that favor a colorful style will love engagement rings with fancy gemstones, which are often less expensive than diamonds. Choose from ruby, sapphire, emerald or more esoteric options like pearl, tanzanite or peridot. Unique, richly colored and impressive, staying on budget never looked so lovely.
Brilliant at $10,000
Double the size of your purse, and you have more purchasing power, certainly, but there’s also the option of selecting highly decorative bands. $10,000 engagement rings may feature larger stones, but they can also have distinctive hand-engraved bands that are both subtle and entrancing.
Engravings aren’t the only way to spruce up the band, which is often overlooked. An eye-catching cathedral setting embellished with Pave set diamonds add sparkle to any engagement ring design, giving it the appearance of a far pricier ring.
Enviable at $15,000
A sizable budget grants the buyer plenty of freedom to invest in large diamonds, decorative bands and a unique design. $15,000 engagement rings should have very high quality stones, with few imperfections and fantastic clarity. One option for members of this elite club is fancy colored diamonds. These rare stones are more expensive and more eye-catching. Canary yellow diamonds are especially beautiful, with their striking golden hue that’s very flattering.
Unforgettable at $20,000
While there are certainly more expensive rings, $20,000 engagement rings should boast the best of everything, from decorative bands and Pave halos to colorful fancy diamonds of the best quality. For this price, you may also consider a unique, custom-made ring that showcases your singular love.
Buying an engagement ring should only be enjoyable and wish fulfilling, never fraught with stress or impoverishing. Deciding in advance your appropriate budget is essential. You should never worry that you can’t afford the ring of your dreams. Ziva makes gorgeous designs at every price point, so come with us and discover your ideal engagement ring.