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Sunday, November 30, 2008

How Can I Find a Cheap a Low Cost Engagement Ring?

By Tom W. Mason

Many people find engagement ring shopping to be an extremely intimidating process. This is a big, meaningful purchase, after all. However, there are ways to save money and make the entire process a lot easier and less stressful, all at the same time!

Everyone wants the biggest diamond possible - bigger is considered better. This is one of the things that stresses us out so much. No one wants to pay a lot, but a bigger diamond is the goal.

Fortunately, there are ways to get a high quality, large diamond for a lot less than you might think. It's all about getting the most out of your money.

Here's an example to show you what we mean.

Diamonds are graded using four major characteristics - cut, carat, clarity and color. We'll check out color to see how you can get a larger diamond for less.

Color grading is done on a scale ranging from D to Z - D is the best of the grades and Z is the worst. Color grades for each diamond are performed by inspecting the diamond under high magnification on a white background in a lab.

However, while there may be a big difference between a D diamond and an H diamond to the microscope, there's not a big difference in those four grades as far as you're concerned.

Unless you look at the diamonds beside one another, on a white background, and under close magnification, you'll never notice the difference. The naked eye just can't see that level of detail. You might spot a difference between D and I if you know what you're doing, but even grades I and J are hard to see a difference in.

The point here is that no one should ever pay more for a higher grade diamond if they can't see the difference between it and one that's supposedly lower in quality. Leave the finest diamonds for the very rich - after all, the difference can only be seen with a microscope!

The price difference is a big one, too. It could be thousands of dollars. Of course, as can be expected, jewelry stores try to sell the highest graded diamonds for the most profit - you would, too. Unfortunately, most people don't take the time to educate themselves, and pay a lot more than they need to.

This is only one example of a way to save when you buy an engagement ring. Pick a diamond with a lower grade in color, and you'll be able to buy one that's a lot bigger for the same money.

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