Buy several smaller diamonds in lieu of one larger diamond. The collective price of the smaller diamonds of the same quality can be less expensive. Of course, you have to control the number of smaller diamonds you purchase.
Instead of a diamond, select a precious gemstone, such as a sapphire or nice quality birthstone. The stone does not have to be large since it can be enhanced by a halo of smaller surrounding diamonds that will be less expensive and give the gem stone more dramatic impact. In your own realistic way, you can emulate Kate Middleton’s engagement to Prince William.
Instead of a platinum setting, consider palladium. Palladium is a member of the platinum group of metals and has many of the similar qualities of platinum. If you would like more information on palladium, go to bidiamonds.com’s blog article entitled “Have You Considered Palladium for Your Engagement Ring?”
If palladium or a lower grade of gold is still too expensive, it’s time to think about alternative metals such as tungsten or ceramics. These selections are certainly not for the traditionalists, but they are very inexpensive compared to the precious metals. Men seemed to be more inclined to alternative metals than women, but it’s a great way to save money.
I don’t want too sound self serving, but you can save a lot of money buying on the Internet. And, you can get the same or better quality diamonds and settings than a traditional store. If you do so, make certain the site you are viewing offers full disclosure on all aspects of the diamonds and setting you are considering. Also, do your homework so you can understand the issues being disclosed. To help you with your education, bidiamonds.com has many informative articles on diamonds and metals on its blog that you can easily access.
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