Thursday, December 11, 2008

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

By Tom W. Mason

Most of us find engagement ring shopping to be pretty intimidating, and it's no secret why. This is an expensive item that has a lot of personal meaning - we all want to get it right. However, there are ways to pay less, reduce your stress, and know you're getting a good deal.

First, here's something you probably already know: big diamonds are the most popular. This is one of the things that puts so much stress on ring shopping - we're afraid we'll have to spend more than we can afford. After all, larger diamonds come with a larger price tag.

There's good news too, though. There are a number of ways you can find larger diamonds for only a small fraction of what you initially thought you'd pay. It's all about getting the most out of your purchase.

Here's an example that'll tell you more.

There are four main characteristics used to grade diamonds. These are carat, cut, color and clarity. We'll take a look at color to see how to get the best deal.

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.

What's the catch? Diamonds that are D grade won't look differently from one that's four grades lower in quality - an H.

There's no difference at all between the two to the naked eye. Unless you look at both diamonds side by side on a white background, under magnification, you'll never see any difference at all. Even trained eyes can have a hard time telling the difference between I and D diamonds, though there's a little visible decrease in color quality if you know what to look for.

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.

That's just one example of ways to save money on an engagement ring. Picking a diamond that has a lower color grading but doesn't look different to the naked eye will allow you to buy a much bigger diamond for the same amount of money. Learn about diamonds and how to buy, and you'll get a good deal. - 15252

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