Saving Money On Diamond Jewelry: 4 Tips From Professionals

When it comes to accessorizing an outfit, there’s nothing quite as popular and versatile for adding instant style as a nice piece of jewelry.

But, buying the perfect timeless pieces to dress up your outfit can be a challenge when you’re on a budget.

diamond earrings

Luckily, there are several ways you can save money when buying jewelry, particularly diamond pieces. So, the next time you’re looking to expand your jewelry collection, remember these 4 tips:

Consider Lab-Grown Diamonds

It’s already common knowledge that diamonds are one of the most sought-after stones in the world. What woman hasn’t dreamed about that perfect diamond engagement ring?

However, naturally mined diamonds are also one of the most expensive jewelry options in the world. And that’s where lab-grown diamonds come in!

Lab diamonds are created in a controlled environment that mimics the way diamonds are created over billions of years. These artificial diamonds can be grown in just a few weeks!

Because they’re created in a controlled environment, almost all lab-grown diamonds are high quality, with exceptional color and clarity.

And, given how easy it is to make them, they’re much more affordable than mined diamonds. They’re the perfect way to enjoy the look of real diamond jewelry at a fraction of the price.

Go Smaller

When it comes to diamonds, there’s a tendency to think that bigger is always better. After all, there’s nothing quite like the sparkle from a large diamond in a ring or necklace!

But if you’re trying to stick to a budget, start shopping for small and medium sized stones instead.

Remember that a smaller stone doesn’t have to mean missing out on the eye-catching piece you want. Jewelry that uses a cluster of smaller diamond chips can provide a similar dazzling look for much less than the price of one large stone.

Alternatively, consider shopping for pre-owned vintage engagement rings! It’s a great way to get a stunning piece of jewelry for a fraction of the cost of a new piece.

Choose Metal Carefully

While the diamond itself can be largely responsible for the cost of a piece of jewelry, the metal you choose can also play a big role in the price.

Gold is one of the most popular metal choices for jewelry, though it’s also one of the more expensive options; especially the ever-popular 14-karat gold.

So, to save money, consider diamonds that are set in sterling silver, 10-karat gold, or even a more unique metal like copper.

By simply choosing a more affordable metal for your diamond jewelry, you can potentially save hundreds of dollars on that new accessory.

Choose Diamonds With Some Color

Just as the size of a diamond affects its value, so does the color. The more clear the diamond, the more costly that diamond is.

Diamonds are judged and priced based on the 4 Cs: Carat, Cut, Clarity, and Color. The color of diamonds is determined using a scale that grades diamonds from D, exceptionally colorless, to Z, a pale yellow or brown color.

While a diamond that looks clear to the naked eye may be the most desirable jewelry choice, a diamond with a grade of G-J will look almost as good as the higher grades for a much lower price.

And, to save even more, choosing a faintly colored diamond with a color rating of K or lower may be worth considering as well.

diamond ring

When you’re on a budget, spending money on diamond jewelry may not be at the top of your priority list. But, there’s nothing wrong with saving up and treating yourself every once in a while!

So, if you’re shopping for diamond jewelry but still want to spend a reasonable amount, make sure to keep these tips in mind.

Making just a few compromises to what you want can help you choose amazing diamond jewelry that’s also affordable.

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