Due to the current world financial crisis, the cost of jewelry components like gold, platinum, silver and gemstones, has swiftly risen. Hence, the cost of jewelry has also risen dramatically. What should the guy who wants to propose to his girlfriend do? Well, it shouldnt cause him to postpone proposing. There are ways to get around the high prices of engagement rings and to make your girlfriend a very happy fiancee.
Brand – A brand name diamond is always going to be much more expensive than an unbranded stone. In the same respect that branded clothing is more expensive than unbranded. If you are looking to save money on a ring then just go for a generic stone. Plus, just as clothing fashion comes in and out, so does jewelry fashion, so in a few years, spending a huge amount on a branded stone might not seem like such a sensible idea.
Negotiation – Just like lots of other items, theres no shame in dickering over the price of your chosen stone. Jewelers often mark up jewelry 200% or even more. This gives them plenty of wiggle room in the price of the ring or stone. Anyone buying an engagement ring is smart to spend a little time discussing the price with the salesman and seeing if they can get him or her to lower it a bit.
Shape – The shape of the stone makes a huge difference to the cost. To save money on purchasing an engagement ring, try to find a stone that has been cut to an oval or pear shape. The reason behind this being that these cuts make the diamond appear bigger than it actually is and brings the carat weight to the top. Also, diamonds cut this way are less popular and can be much easier on your wallet.
Band – The first thing that people will see when they look at the ring is not going to be the band. Peoples eyes immediately go to the rock in the centre. That being the case, if you want to save money then it is sensible not to buy a too extravagant band and therefore you will have more money to spend on a diamond.
Stone – A common mistake among purchasers of diamond rings is purchasing the stone from the same retailer that will set the stone. It saves big money if you purchase the stone from one retailer and have a second retailer set it into the band.
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