Are you looking for a beautiful engagement ring? We have studied the statistics for you and found 7 facts regarding engagement rings that might interest you:

How much does an engagement ring cost?

According to American studies, the average price for an engagement ring lies between € 2.000 and € 2.500. This figure takes into account both prices from jewellers with traditional shops and offers on the Internet.

How many future brides buy their engagement ring themselves?

Even though the proposal as well as buying the engagement ring is traditionally the men’s duty, no less than 20% of all women prefer not to rely on their future husband for their ring. They go shopping for the engagement ring themselves and pay for it.

How much do men spend approximately on an engagement ring?

Most men are big spenders in order to make the best impression when going down on their knee. Surprisingly, they spend € 5,500 on average, which is almost exactly the price of an engagement ring with a 1 carat diamond. Thus, if you earn a bit more than the average, you could consider digging deeper into your pockets.

How much does a luxurious diamond ring cost?

The definition of luxury is certainly subjective, but it usually refers to rings that are above the € 10.000 price mark. If you are willing to invest this amount into your relationship, you could, for example, buy a beautiful 2 carat diamond ring. The bride will surely be delighted.  

What was the price of the most expensive engagement ring ever?

Celebrities, starlets and the nobility are always willing to pay a little more. Not only for an unforgettable engagement party, but also for the engagement ring itself. The most expensive ring was probably the one with which Richard Burton proposed to Elizabeth Taylor: approximately 8.5 million euros. In comparison, the ring that Prince Charles gave to Lady Diana (approximately € 120.000), it appears quite modest. 

How many women prefer a diamond engagement ring? 

Diamonds are a girl's best friend; the lyrics are still valid today. 87% of all women say there is no alternative for a diamond ring. Consequently, only 13% would consider a different gemstone as adequate. In other words, with diamonds, you are most likely safe. 

What alloy is the most popular?

Until the 90s, yellow gold was the most popular choice for both wedding rings and engagement rings. Over the past few decades, this has changed. 75% of all the engagement rings sold are white gold. This trend is also noticeable with other types of jewellery: white gold is very popular.

Are you looking for an engagement ring and do you need advice? Contact us, we are looking forward to assist you in your choice.

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