How to choose a diamond for an engagement ring.
Choosing a diamond for your engagement ring can be an emotional experience so we suggest to approach it with a clear head. This is an extremely important factor before moving forward and deciding on your budget. You do not need to unnecessary sweat over the task and choosing and buying an engagement ring can become a fun process.
The first thing you need to do is to establish a budget. You may have heard that one needs to spend 2 to 3 months of salary on an engagement ring. This is totally incorrect and an absurd notion. Only you know your budget and how much you can afford. So you need to establish a budget that you are comfortable with. There are many nice diamonds and rings in any budget.
So now that we agreed that YOUR budget is the correct budget we can speak about what diamond to buy.
We have all heard about the 4Cs and if you browsed through our website and viewed education section you would have noticed that IFFL recommend 10Cs to evaluate diamonds rather than the traditional 4Cs.
In saying that, from all of the Cs we recommend the Cut being the most important C in the equation. Cut determines how beautiful a diamond looks, its fire and scintillating light play. Cut refers to proportions of diamond and we recommend you stick with excellent cut diamonds as per GIA (Gemological Institute of America) grade scale. By following this simple example you will be able to eliminate poor, inferior quality diamonds. If the cut of your diamond poor, it will simply look dull and not have the sparkle all diamonds should have.
Second C in importance is the Clarity. We do not recommend choosing Clarity below SI2. Anything worse than SI2 not only makes your diamond more vulnerable to issues from knocks and bumps and it may also affect the fire and play of light of the diamond even in an excellent Cut diamond. An engagement ring is always prone to knocks and bumps and some imperfections may affect the integrity of your diamond.
Third and fourth Cs, size/carat and colour come down to your budget and chosen diamond based on Cut and Clarity. If you are happy with colour H, I and J you may be able to go for a larger diamond compared to E, F or G colour.
As you saw above we covered already the 4 traditional Cs. Let’s go a bit further and look into some other factors that determine the price of a diamond and your decision. These factors are equally important.
The fifth C (we moved beyond the 4Cs here) is the shape of the diamond. Best option is to find out what shape your future life partner prefers. Otherwise here are a few tips. You can ask around and follow the trend but remember trends change every year. Other factors to consider: your likes, round diamonds cost slightly more than other shapes of diamonds, marquise shape diamonds usually look larger than other shaped diamonds.
Another equally important C is certification. You can read more certification here. IFFL always recommends GIA certification as the most popular and widespread form of certification. Why do you need certification? Simply to verify you are paying for the claimed Cs and also that the diamond is a genuinely natural and earth mined diamond rather than lab created diamond. Why? Because earth mined diamonds take more than 2 billion years to create, are older than dinosaurs have more romance than a 21st century lab created diamond.
The rest of the characteristics IFFL suggest become more prevalent as the price of a diamond goes up. They may not be as important for diamonds under 2 carats and may become more important as investment diamonds. And even then there is no set rules.
If you have questions or would like more information please contact us and we will help you.
TO SUMMARISE in order of importance:
- Decide your budget
- Stick to it
- Chose Shape and Cut of a diamond first
- Make sure Clarity is no more than SI2
- Choose colour and size of your diamond
- Ensure it is certified for your peace of mind
- Stick to your budget