The most widespread of engagement traditions is the groom presenting his bride to be with a ring. Most frequently, the engagement ring is a diamond ring. Even though diamonds are the most desired by brides to be, diamonds are not the only precious stones used in engagement rings.
If your choice of engagement ring is a diamond ring, be prepared to spend. The diamond jewelry retail market is a $30 billion market. Over $5 billion is spent on engagement ring in the U.S. market.
To the untrained eye, most diamonds look very similar. Most people differentiate between diamonds based on size, shape, and price. A lower price usually means lower diamond quality, not necessarily a bargain.
Judging diamond quality requires skill and experience, and it involves grading a ring based on a combination of characteristics such as cut, clarity, color and carat weight. The above characteristics are called the “4 Cs”. A diamond’s weight is measured in carats, equivalent to one fifth of a gram. Usually diamonds range from 0.25 up to several carats. Weight is only one way of valuing a diamond, color is another. Colorless diamonds are the most rare and they are...