platinum vs gold engagement ring price?
Q.Will a platinum setting increase the price of an engagement ring drastically(vs a gold setting), or is the diamond the main factor in the price, making the setting insignificant? Just wondering, my girlfriend doesn't wear gold, so I'm wondering if that's really gonna drive things up.
A.Well, I know that Platinum IS more valuable, but when my fiancee' picked out my ring, he asked about Platinum vs. White Gold. I don't wear any yellow gold. The jeweler told him that Platinum was more valuable, but would loose it's luster over time. Notice on some old platinum jewelry (grandma's or mom's old engagement rings) it's very dull. This, he told us, is inevitable. My fiancee decided on the white gold, since it would keep it's shine over time. I guess it all depends on what you want. Value, go with Platinum. Shine, white gold. I decided from the get-go that my engagement ring was going to be set in platinum. My ring only cost $200 more than what it would have in gold. 14K gold is only 58% pure while 18K is only 75% pure. Platinum is 90-95% pure. Platinum will NOT tarnish, wear down or lose it's luster. It is heavier and stronger than gold so your stone is more secure and protected. Platinum is also hypoallergenic. I just bought a ring, and am a bit compulsive, so I may have some answers for you. Whether or not platinum will dramatically increase the cost of the ring depends on what kind of diamond you're looking at. For a classic, simple setting, you can expect in urban areas to pay about $150 for a very good gold ring, and about $380-$500 for a platinum ring. So, if you're looking at a $10,000 diamond, the answer is no, but if you're looking at a $500 diamond, platinum will double your total price. For what it's worth, someone who responded to your message suggested that platinum will not lose its luster. I think perhaps that that's not right -- platinum dulls a bit over time. IMO, the biggest factor in deciding whether to buy platinum or gold (other than alergies, which seem to limit your options) is the color of the diamond. Generally speaking, diamonds increase in value depending on how close to colorless they are. A colorless diamond, however, will pick up the reflection from a gold band and appear slightly yellow in certain lights. Accordingly, it doesn't make much sense to pay a bunch of money for a colorless (D-F) diamond and not also splurge on the platinum ring.
Other Questions :
Make Your Own Engagement Ring?
I have been researching engagement rings for a year, and I have a question. What is the deal with a triangular shaped diamond?? First of all, there are 3 different names for that I have found: trillium, trillion, and trilliant. Also, on the...
engagement/wedding rings ?
Ok, for you engaged girls, married girls, or girls who just dream of the perfect ring...what kind of engagement ring do you have (dream of)? What kind of wedding band/ring? Do you have two, or just a band, or just one big ring? What kind o...
Emerald Diamond Necklace Robbins
I want to by diamond necklace. Any suggestions?I'm selling a variety of neckace, rings and earings: Rings: 1 - Gold and Silver plated swirl-banded ring with faux diamond in center. size 5. $10. 1 - diamond and emerald ring. 6 emerarlds surrou...
Radiant Cut Diamond Ring, Retail vs "Value Added"???
Just had to share an experience I had today with a customer... We do the work for a great number of retail stores and I have this customer who owns a three store chain who personally brings in the work, so we can go over it carefully and talk...
Designer Diamond Pendant .
I was just reading this article in an old Cosmo that talked about how accsessories can make an impression on a job interview. Can that be true? Silver VS Gold, big Vs small. DO people look at you that minutely? And if they do, what do cer...