Ask friends/family to refer you to a jeweler friend. Remember, quality over quantity.

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I did this about five months ago. First, I would ask your girlfriend what shape of center stone, and type of metal she would prefer, (gold, white gold, platinum, palladium) she likes. I assumed my now fiance would like a princess cut diamond, when she really liked a round cut diamond. Don't be afraid to ask your girlfriend what she likes,(if you're not keeping it a suprise from her) afterall she will be wearing the ring for the rest of her life!

Second, shop around at different jewelers in your area. Avoid chain store jewelers like Kay and Littman, or Jared, etc!!! Go to your local mom and pop jeweler. Don't pay any attention to the GIA of EGL standards of grading a diamond. Some say EGL grades thier diamonds higher than what they should be. The same grade EGL and GIA diamond may look the same to the naked eye, but when you look at those diamonds under a 10X power magnification, the GIA may have more inclusions then the EGL. That was the case in the center stone I purchased. The EGL diamond had fewer inclusions then the GIA, and was only $500 cheaper then the GIA!!! Quality over quantity!!!

Also, you have to purchase the center stone seperately. Don't buy the wedding band at the same time, you will have some time to save up for a nicer wedding band before your wedding. Good Luck!!!

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I did this almost a year ago. DON'T BUY ONLINE. Yes, go online to do your research first. Get an idea of a style before you go to a jeweler. Try to find out what your girl likes above all else, because HER taste is what matters most on this. Then be picky.

Let the jeweler know that you're doing research, and trying to save. Trust me, they appreciate it and will help you out more if you're up front about this. Shop around - I'd say to hit up 10 jewelers before buying, because there's always a better ring. Don't rush the purchase - spend months shopping (I looked for nearly 2 years while saving up the money - I know - that's way too long to shop).

Lastly, don't be afraid of small shops. Find someone you trust. I found a guy who gave me a great deal, because his philosophy is that if I get a good deal on this, he can get me for all future purchases (which will probably work well).

But do not buy online. Service after the fact is huge. Here's a list of things that have been done for free in the past 10 months -
- Replaced the setting (it had a rough edge that would snag on sweaters and such)
- 5 Cleanings
- Engraving
- Watch battery replacement (on my watch)
- Resizing of 2 rings (she lost some weight for the wedding)

Plus, as someone pointed out, a trade-in program:
The price I paid for the diamond towards another diamond.

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I highly recommend visiting www.pricescope.com. This forum will be invaluable in helping answer your questions, becoming an informed buyer, and also recommending highly reputable online sites. Several posters say "don't buy online," and I have to disagree. Retail jewelers will rip you off a lot more, and going with a certified online dealer will save you thousands. Check out the forum and good luck! Remember there is a science to diamonds and what they are worth, understanding this science is key to getting a good deal.

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I recommend Blue Nile which is one of the largest online retailers of fine jewelery in the country: http://www.bluenile.com. They designed their website so guys who know little about engagement/wedding rings can educate themselves so they can buy the right ring without a sales person yapping in your face. Education: http://www.bluenile.com/diamond-and-jewelry-education
Blue Nile's customer service is good and they help you also when you need to get something repaired. (They also work during holidays!)

The website is easy to navigate around and it shows picture and a load of information for any guy. Many people say "don't buy online" but I think if you go out of your way to do the appropriate research, you can make the right decision instead of a retailer selling you the most expensive ring when they only care about making sales!

If you do decide to hit up the jewelry store, check many places so you stay in control of what you want, and not the retailer.

Biggest thing to remember: DON'T settle for the first thing you see... go out and do research and have options!

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