Weekly Diamond Finds! $1,000 Engagement Ring Challenge

Welcome to The Ring Adviser's Weekly Diamond Finds. Twice a week we will simulate a popular engagement ring choice and go through the process of determining what the best diamond would be. If you would like to send us a suggestion for a future installment or would like our personal one-on-one help, Contact Us.

$1,000 Engagement Ring Challenge

Here's a concept we are going to roll out every few weeks to help those who may be a bit more cash-strapped than others. Simply put, we're going to try and get the best ring possible for under $1,000, or as close to that as possible. All-in. That includes the stone, mounting and any other expenses related to a purchase. This first installment will feature a diamond, but future entries will venture off into other precious stones so you can appreciate not only their beauty but their potential savings. When we visit James Allen there are several things we need to consider:

  • Regardless of the type of stone that you will be getting, the setting will have to be a solitaire to minimize cost. James Allen has two 14K White Gold settings which a very affordable and quite stunning for the price. At $240 a piece, you can choose either a 4-Prong Setting or a 6-Prong Setting
  • With the Setting chosen, we will look at the entire diamond inventory and sort by price.

With those settings in, we have our work cut out for us. There's only one diamond under $1,000. In order to whittle this down, we will filter our any diamond over $1,200. This could potentially push our total price close to $1,500, but... It's called a challenge for a reason.

It's incredible that diamonds even this affordable are as gorgeous as they are. Marketing ploy or not, diamonds are truly beautiful. But we have too many to choose from, so let's narrow it down. 

  • We'll start by only choosing Ideal Cuts. This immediately brings down our selection to the four diamonds shown above. You'll notice that there are no Round diamonds, as they always sell at a premium.
  • Looking at all four using the James Allen magnified view makes choosing the best one easy. You'll notice that while they all have inclusion levels of SI2-I1, Diamond-04 has its inclusions buried deep, thus minimizing their appearance across its table.
  • While we are sacrificing a tiny amount in regards to Color, as Diamond-04 is a K while the others are J, the added Clarity makes this an easy choice. 

So, did we find an Engagement ring for less than $1,000?

Engagement Ring with Diamond 4.jpg

No... But, for less than $1,500 you are getting a beautiful ring that would make any woman blush. Plus, while the stone does compromise across certain aspects, it does have an Ideal Cut and weigh in at .8 Carat. Would you like us to help you with your diamond ring search? Contact us and we will provide you with a one-on-one service that will get you the best diamond available!