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Blogs in the spotlight
- How do I buy the perfect diamond ring?
- Choosing the perfect wedding ring
- Buying an engagement ring: expert tips & tricks
- Which earrings are the right ones for you?
- How to choose the perfect diamond bracelet?
- How to choose a necklace for ladies?
- Take your time in choosing your watch
- What's the right jewellery for each occasion?
- Why buy diamond jewellery online?
- A guide to building up your jewellery collection
- What types of precious metals are there?
- What types of precious metals are there?
- Jewellery trends and innovations in 2020
- What sorts of diamond setting are there?
- What influence does the material have on the price of the engagement ring?
- What makes an engagement ring expensive and influences the price the most?
- How expensive should an engagement ring be?
An engagement ring is a purchase for one of the most beautiful moments in a couple's life, but the price has to be right too. How expensive an engagement ring is depends on many factors. The range goes from a few hundred euros to six or even seven-figure sums. We explain how the price of an engagement ring is calculated.
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What influence does the material have on the price of the engagement ring?
The more precious and scarce the metal, and the more of this precious metal is used, the higher the price of the engagement ring. A wide platinum engagement ring costs more than a delicate engagement ring in gold, which in turn has a higher price than a silver ring.
You can save on the material, but at the expense of the resale value and often also the durability of the ring. An investment in a valuable precious metal pays off and ensures that you will enjoy your engagement ring for a lifetime. The price of thechosen precious metal usually only makes up a small part of the total price, because the main value in an engagement ring is determined according to the gemstone used.
What makes an engagement ring expensive and influences the price the most?
The price of a colourless diamond is defined by the 4C’s. The more carat, i.e. the larger the diamond, the whiter the colour, the higher the clarity and the better the cut and proportions, the more expensive the engagement ring in which this diamond is set.
The easiest way to answer the question "How much does an engagement ring cost?" is by looking at the price of the diamond(s). A solitaire engagement ring with a larger stone of particularly good quality will quickly become expensive. An alternative would be a trilogy engagement ring, for example. for the price of such ring is lower for the same carat weight, because e.g. the price for 3 smaller diamonds with a total weight of 1 carat is less than that of one single diamond of 3 carat.
It is also important where you buy the engagement ring. For world-famous brands with a large number of expensive shops in inner-city locations, the price is usually much higher than at a digital native company that focuses on E-commerce and buys the diamonds at the source.
How expensive should an engagement ring be?
In Europe, the average price for an engagement ring is around € 2.500. In Germany and Austria it’s slightly less, in Switzerland slightly more. This corresponds roughly to a 0,50 carat solitaire ring.
How much your engagement ring may cost is up to you to decide. You should neither go into debt nor be miserly with probably the most important ring that a woman will ever have put on her finger. In contrast to consumer goods, the investment in an engagement ring is always an investment of lasting value, and a beautiful one in particular.
What else would you like to know about our engagement rings?
- How many carats to choose for an engagement ring?
- An inexpensive high-quality engagement ring
- The perfect engagement ring
- How can I make the engagement ring look bigger?
- How to find a diamond ring at the best price?
Fabienne Rauw
- BAUNAT Antwerp
- My Linkedin profile - Contact me