Blogs in the spotlight
- How do I buy the perfect diamond ring?
- How do I choose the perfect wedding ring?
- How to buy an engagement ring?
- Which earrings are perfect for you?
- How to choose a diamond bracelet?
- Which ladies' necklace will make you sparkle?
- Take your time in choosing your watch
- What's the right jewellery for each occasion?
- Why buy diamond jewellery online?
- What types of precious metals are there?
- Whqt types of gemstones are there?
Do you know how much your future partner's engagement ring will cost?
That is a very difficult question for many men. You hardly have to buy an engagement ring every week, so where exactly should you start? What is a 'good price'? Is there a good price for every engagement ring? After all, rings are very personal.
The experts at BAUNAT will answer some frequently asked questions to help you on your way:
- What is the average engagement ring price?
- How long should you spend looking for an engagement ring?
- How do you find quality without paying over the odds?
Most viewed diamond jewels
0.90 carat solitaire diamond ring in platinum with six prongsFrom € 1.450 (excl. VAT)
1.20 carat diamond eternity ring in red goldFrom € 2.660 (excl. VAT)
2.00 carat diamond princess earrings in red goldFrom € 1.690 (excl. VAT)
1.00 carat solitaire diamond ring in white goldFrom € 2.000 (excl. VAT)
1.70 carat design medallion with small round diamonds in white goldFrom € 7.540 (excl. VAT)
Price categories for modern engagement rings | An overview
It is often not easy to picture exactly what type of engagement ring you can get at each price level. This short overview will summarise the information below about which amount corresponds with the specifications best.
|€2500 - €5.000||
|€5.000 - €10.000||
|€10.000 – €25.000||
|€25.000 - €50.000||
What are the traditions regarding engagement ring prices?
What is the average engagement ring price?
Engagement rings with a price below €2,500
Gold engagement ring with a diamond or coloured gemstone
Do you have a special design in mind? The 'Toi et Moi’ engagement ring is a nice example where the 2 equally sized diamonds symbolise the bond between the two partners.
Or what do you think about a trilogy ring with 3 equally sized diamonds to symbolise the past, present, and future. Rings with other precious stones like ruby, sapphire, and emerald are also within budget. Each precious stone also has its own symbolic story. Perfect for romantic souls!
Engagement rings with a price of €2,500 to €5,000
With many of the rings on our website you can choose between 'high quality' and 'premium quality' as you can see with this solitaire ring. The difference in colour and clarity (remember the 4Cs) is apparent in the details. The premium quality ring with a quality combination of G for colour and VS2 for clarity will sparkle even more thanks to the slight difference in colour and clarity.
You have a wide choice of engagement rings with or without side diamonds and can choose from several unique cuts like a pear cut or a princess cut.
Since platinum is a little more expensive than gold, it is better to limit yourself to white, yellow, or red gold with a budget below €2,500. Platinum is definitely possible with a higher budget.
Engagement rings with a price of €5,000 to €10,000
Several diamonds or coloured gemstones are also possible
From a budget of €4,000 excl. VAT a made-to-measure engagement ring is possible.
Engagement rings with a price of €10,000 to €25,000
Choose premium quality diamonds with colour G and clarity VS2
Engagement rings with a price of €25,000 to €50,000
Go for intensely coloured diamonds or a made-to-measure design
Engagement rings with a price above €50,000
Go for investment diamonds or exclusive coloured diamonds
How is the price of an engagement ring determined?
The 4Cs for diamonds
When an engagement ring has more than one diamond, the price of each stone is calculated and added separately.
The best standard for a platinum engagement ring is 95% silver platinum. Keep in mind that platinum is much rarer than other precious metals. This means that the price of a platinum engagement ring will be higher.
We are increasingly choosing eye-catching cuts like the square princess cut which has a lower price than the classic round brilliant cut. Antique cuts are also desirable, especially for those who love vintage engagement rings such as gold rings with a pear-shaped diamond. The price is considerably lower compared to a brilliant cut. But the solitaire brilliant remains a timeless choice.
Round brilliant and square princess cut diamonds sparkle the most and are therefore a bit more expensive. But the difference in price is also clear to see here too: the sparkle between the two is barely different, but the princess is often much more afforable than the brilliant cut.
Cuts like the heartshaped diamond require more effort during the polishing process. The extra degree of craftsmanship required is reflected in the price.
How do you choose quality for a good price?
Buy online: there are fewer overheads compared to traditional jewellers
Are you looking for an engagement ring for 2020? Then look online first. Smart! A high-quality engagement ring does not necessarily come at a high price. Although rarer diamonds naturally come with a higher price tag compared to more common ones, you can still make a smart choice by going for the best price to quality ratio.
For example, a diamond engagement ring will cost 30-50% less on average online compared to in a physical shop. This is because we do not have to pay overheads for shop maintenance and staff and we also do not need to keep an expensive jewellery stock. Instead your diamond jewellery is always made by hand to order. So there is absolutely no need to buy your engagement ring in an outlet.
Only at BAUNAT: direct from the source to your jewellery
BAUNAT buys diamonds directly from the source. Given that we do not have to rely on middlemen such as suppliers and other merchants, then we do not have to pay for them either. This lowers our costs and we pass the savings on to you. Your engagement ring will therefore have a much lower price in our online collection than it would in a traditional shop without compromising on quality.
Sleep easy: only ethical diamonds
Since people now take the time to research the perfect engagement ring, price is no longer at the top of their wish list. Nowadays factors such as ethical purchasing, durability and quality are prioritised. Most people would rather buy a higher quality ring with a smaller diamond than the other way around.
Today the diamond industry aims to use conflict-free diamonds via the Kimberley process, named after the first operational mines opened by De Beers in Kimberley, South Africa. The ethically run mine in the picture is also known as 'The Big Hole' and today it is not only an important economic factor for Kimberley in terms of diamond mining, but also attracts plenty of tourists.
Choose wisely: make your jewellery look larger
Now you know which factors determine the price of an engagement ring and what you can expect for your predetermined budget, we would like to provide a few savings tips too. In most of the examples mentioned in the article, the ring was set with one or more brilliant cut diamonds. A square princess cut diamond with the same carat weight looks larger although it is less expensive. A halo or entourage ring is also a good solution to make the center diamond or other precious stone look bigger. The way that the center stone is surrounded by smaller stones creates the illusion that they are all one large stone.