WHAT IS THE BEST DIAMOND FOR YOUR ENGAGEMENT RING IN 2022?
As we approach the second half of 2022, proposals, engagements,
weddings and honeymoons are all very much back in play. As far as we can tell, there are no restrictions to cramp your style if you’re looking to get hitched in 2022 now. Except that you may have to wait a while to get the venue you are after, as many are booked out for months ahead now. That’s because people are making up for lost time! Thousands of couples indefinitely postponed their engagement parties and marriage celebrations, which were just not possible during 2020 and 2021. And 90% of honeymoons were out of the question, especially if you had it mind to hit somewhere exotic overseas, that was simply impossible. Many couples pretty much took a raincheck on the whole idea of becoming betrothed, to wait and see how things played out. We hope that the timing was not too much of a bump in the road for those people, and that it’s all systems go now. The upshot is, the wedding industry is back in business big time, honeymoons are back on, and there’s a fair bit of proposing going on. So, it may be smart to get on with it, if you’re up for question popping, in case your engagement and wedding plans are delayed by the current surge in demand for services! With that in mind, we’ve prepared an easy guide to help you understand better what might be the best diamond for your engagement ring in 2022.
WHAT STEPS SHOULD YOU TAKE WHEN CHOOSING A DIAMOND
SET YOUR BUDGET:
You may have heard the old adage that an engagement ring should cost you around two months’ salary. Sure, that’s possibly a good amount to spend for some people, but not for others. Some will want to spend more, some less; salaries vary enormously. There are other factors too. You and you
partner may not want a massive sparkling solitaire, but something understated,
which is more affordable. You may have inherited a ring, and wish to use the setting and you are looking to purchase a new diamond for it, which will obviously save you some money. The fact is that the two months rule of thumb was borne out of a marketing campaign in the 1940’s by the diamond company De Beers, which somehow stuck. Must have been some amazing ads! The point is, you shouldn’t feel compelled to spend exactly that amount. The amount you should spend is what you can afford and what will buy you and your partner the diamond engagement ring which makes you both happy, suits the wearer’s individuality and speaks to your personality as a couple. But do make sure you’ve got a fairly firm idea about how much you can spend, otherwise you might become very frustrated quickly. You should be comfortable with the budget that you set. Don’t forget, there are a number of ways to maximise your budget,
too. Speak to your jeweller about this. Some tips for getting the most bang for
- selecting gold instead of platinum for the setting – particularly white gold – which has a similar look and effect but costs less than platinum
- opting for accent stones around the setting (many options with this)
– meaning that you can run with a smaller centre stone; a bunch of smaller diamonds will often cost less than a huge solitaire, but bring the same level of bling
- get fancy; the shapes other than the traditional ‘round brilliant’ (such as cushion, emerald, marquise, pear, princess or oval shape) are usually more affordable
- slightly smaller is a significant saving; because once you hit one carat and more, the price increases exponentially, so a stone which is 0.9 ct will prove to be excellent value for money, and you won’t be able to tell the difference between it and a 1ct
- diamond engagement rings without a starring solitaire are often more affordable yet deal some definite dazzle, such as eternity bands and other bands with accent diamonds