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Is $10,000 Too Much for an Engagement Ring?

Being engaged is one of the happiest and memorable occasions of a person’s life. That euphoric feeling is hard to replicate and is difficult to put a price on that is why many people go all out on spending on the preparation and on the engagement ring itself. If you were to ask, “Is $10,000 a lot for an engagement ring?”.

Cropped image of boyfriend proposing girlfriend - Shira Diamonds

There is no price when it comes to love and how you can show love to your significant other. When you want to impress your partner with the perfect engagement ring that you know she will love, the price is the last thing that you think about as you focus more on their reaction and the symbolism behind the gesture of presenting an engagement ring.

For a ring to be exactly $10,000 or under you have many options to choose from and in any setting you prefer, from the classic solitaire ring, ornate pave, and a show-stopping ring with glittering diamonds.

What Are Your Options for Engagement Rings Under $10,000?

For engagement rings, you can get quite far if your budget is $10,000 and there are many rings to choose from with that price range.

Averagely, $10,000 is actually high as a budget for those buying engagement rings. The normal range for people buying engagement rings is around the $3,000 price range so with $10,000 it is more than generous for most people.

If you have $10,000, your options are endless, you can have a perfect 1.7 carat brilliant round cut ring in an elegant setting, or a 1.55 princess cut engagement ring on a pave setting that is sure to make anyone’s jaws drop.

If you are more into the classics, a magnificent 2-carat diamond ring in 18k white gold is sure to make anyone say yes.

So, with $10,000 you can have no problems in choosing the perfect one to fit the tastes of your soon-to-be fiance but you need to be careful that you get the engagement ring that has all the qualities that fit its price so you get a great deal in the end.

Make sure you buy your ring with incredible and reputable jewelry and diamond ring stores as you can have the assurance that you get high-quality rings to admire and choose from. If you choose to go customization, ensure that the setting and the loose diamond you chose are fair for the price you will pay.

3 Tips in Choosing an Engagement Ring

  1. Choose GIA Certified Engagement Rings

    An engagement ring is not an easy purchase to make as it is used in one of the most important moments in your life, your engagement and so you need to know if the diamond in the engagement ring is GIA certified because you can be well assured that what you are getting is the right value for your money.

    Male jeweler and female client at store - Shira Diamonds

    The best thing about GIA certified engagement rings is that it has undergone many tests and unbiased checks to ensure that a report on the diamond is objective. The diamond on the ring will be meticulously tested on its 4C’s mainly, color, cut, clarity and carat weight by expert staff that is knowledgeable about diamonds.

    The GIA certification will prove that the diamond on the ring is real. Many clueless first time buyers can easily say one synthetic diamond and one natural diamond is identical so a GIA certification will ensure that the diamond they are dealing with is real and not a synthetic one that was created or manufactured in a lab.

    You will rest assured that the diamond engagement ring you present to your partner is real and is proven to be authentic by international standards.

    Related: How Much It Costs to Get a Diamond GIA Certified

  2. Buying Online is Your Best Best

    Man holding box with ring making propose to his girlfriend - Shira DiamondsIn this day and age, online shopping is all the rage, and for others, a part of their way of life. Many huge purchases can happen with online shopping, a new flat screen tv, a grand piano, a motorcycle and even engagement rings.

    Online shopping for your engagement ring can also be less stressful as you can scroll, search and choose all you want in the comforts of your own home.

    For many diamond sellers or jewelry stores that have gone online, it is less expensive to do operations online so you should not be surprised if you find good deals on many engagement rings online.

    If you are not still sure on what kind of engagement ring to get and have no idea in terms of diamond shape or cut or what price ranges are the rings available in, online shopping will be your friend as you can have an easier time in comparing and contrasting different engagement rings that you fancy from the same store or even rings from different online shops.

  3. Know your Engagement Ring Shopping Etiquette

    Couples who go engagement ring shopping together is a marvelous process done together with partner and should be treated as a joyous and exciting time where you are picking the one ring that will move you one step closer to your future as a married couple however, there is an etiquette when it comes to shopping together.

    • Buying the ring together – It is becoming increasingly popular for both men and women to go engagement ring shopping together. However, if one of you prefers to have the engagement ring to be a surprise then both of you should communicate on the desires of your heart to decide whether to go shopping together or have the ring as a surprise when your fiance proposes.
    • Know the budget – In the traditional way, the man usually buys the ring and surprises his fiance with the engagement ring that he picked out but in recent times, more and more couples are foregoing tradition and going ring shopping together and splitting costs.Prior communication is important as it can save you both embarrassment when you are arguing inside the jewelry store not knowing who will pay or how much is the budget.

What to Look for in a Diamond?

When looking for a diamond engagement ring, you should understand the 4C’s. The 4C’s of a diamond stands for carat weight, cut, clarity and color, and they are the globally standard features in assessing the quality of a diamond.Brilliant diamond - Shira Diamonds

  1. Cut
    The cut is very important to the diamond as it has a huge impact on how the diamond’s facets interact with light. It’s determined by symmetry, polish, and proportion. For a diamond to truly showcase its beauty, the cut plays a huge role.
  2. Clarity
    The clarity rating of your diamond is another important element to know about. A perfect flawless diamond has now inclusions or visible imperfections on its surfaces.
  3. Color
    Color is important as it affects how the diamond looks. Diamonds that have a low color grade can appear yellow rather than the desired colorless stone.
  4. Carat weight
    Diamonds with a higher carat weight are usually worth more than smaller diamonds and the carat weight assigned to them will determine the quality and value of the diamond. Learn more about the 4Cs of diamond here.

The more you know, the more satisfied you will be with your purchase.

If you need any help with choosing the right diamond, feel free to contact us at Shira Diamonds. We can answer your questions and guide you in choosing the best diamond for your budget and taste.


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