Learn about the 4C's and about which of them really matter to the appearance of the stone.

CUT is the most important for sparkle and brilliance; look for ideal or very good cut grades that will maximize the light return from the diamond.

COLOR: Most people will choose a "near-colorless" Color grade of G-H; in the setting this will look just as bright white as a D-E-F colorless grades, for a significantly lower cost.

CLARITY: The most important thing here is for it to be "eye-clean". As long as you can't see the flaws with the naked eye, the stone will be great in an engagement ring. Don't overpay for IF clarity, SI or VS ratings tend to be just as beautiful without magnification.

CARATS: This is the one that has the most impact on the price of the diamond. After you've settled on your range of quality grading above, you can determine the appropriate size diamond for your budget.

Then, of course, you have to pick out a setting. Most girls like Platinum settings these days. You should look at her other jewelry to get a sense of whether she likes things fancy and frilly or clean and simple. Maybe ask a trusted friend. Good luck!

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There's a price bump at 1 carat, that starts to show up in stones over 0.9 carat, so if you're on a tight budget, shoot for 0.85. That said, she won't recognize bling value until you get over 1.1.
Color is more important than clarity when she's showing her girlfriends, so use H color as a minimum, and VS1 clarity as more of a target.
Cut shouldn't make the sale, but a VG cut or better will give you more sparkle for your carat.
If you have a stone with sentimental value somewhere in the family, that trumps the 4 C's: "My great grandfather mined this stone from a South African cave with his bare hands, just to give it to his wife on their 50th anniversary" and nobody will ever critique the inclusions.
Also, surprise counts, so steal a ring from her jewelry drawer while she's out, and get that sized.

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Two keys to success (at least they worked for me).

1) Go ring shopping with her - and look at the full spectrum from cheap to unattainable. You don't have to buy every ring she likes, but it will help you to get the style right. Better yet, look at loose diamonds and unmounted settings. That way, the final product is still a surprise. Sure, it's not as romantic as "popping" the question unexpectedly, but she's going to wear that thing forever (hopefully) and you want her to admire it 5-10-20 years down the road.

2) If you can, pay cash (i.e., save up). Getting engaged is in no way the end of your road to coughing up cash (invitations, the wedding, mutual residence & furnishing, etc.). The last thing you want is a big bill hanging over your head as you move towards combining your lives - you may begin to resent the cost of the ring and your future wife.

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Throw that whole "three month salary" thing out the window. You know your finances better than any antiquated rule does and if your girlfriend is worth anything at all she won't even ask how much the thing cost.

Next, just know your girl. If she's simple and elegant, buy a simple and elegant ring. If she's flashy and showy, buy something fitting for that.

If you're not sure what to get, ask one of her close friends or her sister to go with you and help make sure you don't pick something terrible.

Also I can't stress this enough: don't skimp. Go with a smaller carat diamond (or diamonds) that's of better quality than a larger one just because it's big.

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Throw that whole "three month salary" thing out the window. You know your finances better than any antiquated rule does and if your girlfriend is worth anything at all she won't even ask how much the thing cost.

Next, just know your girl. If she's simple and elegant, buy a simple and elegant ring. If she's flashy and showy, buy something fitting for that.

If you're not sure what to get, ask one of her close friends or her sister to go with you and help make sure you don't pick something terrible.

Also I can't stress this enough: don't skimp. Go with a smaller carat diamond (or diamonds) that's of better quality than a larger one just because it's big.

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Just take her to a jewlery store, find what makes her eyes light up, then buy that one.

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Whew. I feel relatively well-qualified to answer this as I bought one last week, and pretty much had to figure all this out for myself.

A. Figure out how much you can spend. As others said, forget about any rules you've heard.

B. Find yourself a good diamond broker. Avoid jewelry stores. Their diamonds will most likely be of a lesser quality than you'll find with a broker, and they will DEFINITELY be more expensive.

C. Before meeting with the diamond broker, familiarize yourself with the four C's. Maybe go look at rings when you're with your girl in the mall for something else to get a feel for the cut she likes and the style of the setting she likes.

D. Ideally meet with a diamond broker you trust (recommended by trusted friends) and have him show you diamonds of varying colors and clarities in the cut you want. This is infinitely more informative than reading descriptions of stones on the internet.

E. Insist on papers. GIA ones, specifically. I was told by several jewelers that GIA certified and inscribed diamonds are farrrr more reliable than any of the ratings by other institutions. You'll pay more for a GIA diamond... but you'll know exactly what you've got, and it'll have papers unique to it that match a laser inscription on the diamond (you'll have to magnify the diamond by at least 10x to see it though. I was able to read the inscription on mine under a 10x loupe. Pretty sweet.).

F. After seeing as much as you can, and learning as much as you can... balance what you see with your budget and your choices. For most people, that's probably around a G SI1-VS2 and the biggest size they can afford. My eyesight is unfortunately too good for my wallet, so I chose to sacrifice size to get a near-flawless diamond. I ended up with a smaller round, ideally cut, D colored VS1. But yeah... if your budget is like mine, .90 points is sortof a sweet-spot for size/price. They're considerably cheaper than 1 carat stones and the size difference is pretty negligible.

In summation: stay away from jewelry stores, look at as many stones as you can in person, under magnification, and balance what you see with your budget. Insist on certification papers (Ideally from GIA). Check the inscription yourself so you know exactly what you're getting.

Best of luck!

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My wife and I love our $30 wedding rings.

And diamonds are oppression.

Find out what your intended likes, and tell the internet to get bent.

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An interesting thread going here.. I have a feeling I'll be in the same market come spring time or so.

Good luck to anyone who is purchasing now.. I have a feeling I'll need it when my number comes up.

I also second the notion of not borrowing any sort of money for this purchase if at all possible. It's going to be kind of stale to take a big hit up front, before even looking to spend more coin on a house, a wedding, a dog, etc.. but I think in the long run it will pay big dividends.

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Here is a link to a great company to "design your own engagement ring"

http://www.bluenile.com/engagement-rings?gclid=CNTNwujt3Z4CFQifnAodf34DLA&rf=pd

Ultimately, however you may want to talk to some guys who have been married for 15+ years and ask the basic question "Should I take the 2 month's salary that I should spend on an engagement ring, go to Cabo and have a great time (sans fiancee), call the wedding off and save myself a lifetime of frustration?" Only your buddies can tell you the answer to that one...

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I've been through hell and back with my (now) wife's engagement ring over the past year and a half and can certainly tell you some things to be aware of.

If you are on the east coast, going to New York's diamond district or Philadelphia's Jeweler's Row is a great place to get a deal on a stone. Store's in these areas import stones for other jewelry stores around the country. Do NOT however buy a band from one of these jewelers if it is far from your home. If you have any problems with it, you don't want to have to deal with shipping and insuring something of that value back and forth. If you forsee yourself moving around a lot, I would highly recommend buying a stone from a place mentioned above or from a broker and then buying a designer's band that is carried all over and will allow you to have it serviced in store's other than where you purchased it.

If you design a ring, which I did, make sure if you are having any small diamonds in the band (micro pave) that it is NOT hand made, but made by a computer. We had to send my wife's ring back 10-11 times in a one year period because the micro pave diamonds were falling out or even lost. The jeweler should replace things like that for no cost, but it wears on your wife-to-be and the emotional strain you go through as a result of that is not worth it. Make sure the ring you design is made from a computer model, there is less chance for human error and the ring will look more uniform overall.

Also, just go out and look at rings, and look at them closely, because she will, she'll be wearing it forever. People can say what they want about a girl showing it to her friends, but when your wife-to-be looks at it, you don't her thinking that there's something wrong with it.

Lastly, if your jeweler speaks of a warranty, for cleaning or repairs, get it in writing!

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Sorry, I know I am going to get heat for this, but buying a real diamond is a sucker's move.

If you're rolling in cash, great for you, but these days there are so many synthetic options that won't break the bank, and let's be honest, who gives a crap what the 4 Cs are? You planning to sell it? Is it an investment you'll cash in? So really, what's the point?

I know, some of you are stuck, but luckily, I have a girl who doesn't want a real stone for several reasons, it's bloody trade, it's artificially kept at an inflated price by DeBeers and in the end, who the hell is going to know?

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we literally saved thousands of dollars by buying the diamond from blue nile. we got everything else from a local jeweler and they put it all together for us. i found the blue nile guys to be very helpful & knowledgeable. i didn't feel the least bit embarrassed to ask them all of my stupid questions.

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Make damn sure the woman you give it to is the one you want to spend the rest of your life with.

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1. My fiance was one of the odd women out and wanted a sapphire instead of a diamond as the center stone. I totally was on board with that since I like the character of the stone more than a diamond and you can get a much bigger rock for a similarly priced diamond.

2. If you are in the market for a new ring, another good site I liked when I was in the market was:

http://www.brilliantearth.com/

3. In the end, we went to a antique store to purchase the ring, and I wholeheartedly recommend it. There are some gorgeous rings to be had there, especially ones that are very unique considering the cookie cutter jewelery store formats out there. Go there even if you want to buy new because it can give you some great ideas. And the prices will be cheaper than anything new you'd find for a similar design. I know some women can be very much against this thought, because they want their ring to be only theirs. If you can get away with it, though, you'll get more for your money. One way to warm her up to it is to take her there and just let the items do the talking to convince her.

4. I know a lot of people are commenting on diamonds, so I won't reiterate. But, make sure you consider what she wants in a band just as much as a stone. All the metals have different "care and feeding" instructions, plus the color of the band will be something that she deals with for the rest of her life, too. We both liked platinum best and opted for the cost. White gold can fake the look for a heck of a lot cheaper, but just know that you'll have to send it to the jeweler more for maintenance over the years.

Cheers,

- Lou

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the diamond company DeBeers wants you to spend about 3 months income - thats unrealistic in todays economy unless yer already fairly rich. watch out for clarity color and cut -- the 3 'c's there's also cost but we covered that. Ask around all your married friends one of them will 'know a guy' see what this guy has to offer - yer money stays in yer pocket til yer comfortable - don't want that route - there's hundreds of jewelers all over the place from the place near the food court at the mall to Tiffany's - i've been to Tiff's they have a fantastic product and you will pay for it. But yer girl gets to tell her friends that the stone came from Tiffany's - or go the know a guy route and yer girl can say we saved on the ctone so we had a fantastic wedding/honeymoon/housedownpayment whatever

It comes down to ego yours and hers - are you FLASHY?? do you need to say i bought at Tiffany's OR Would you like to say yes we enjoy our OWN HOME - its yer choice.

it looks like everyone before me has good stuff to say and added in websites

So whatever you do, good luck

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Do not spend all of your money! Remember, along with the ring comes the wedding and honeymoon and all of the associated costs.

Buy a big enough diamond to fit the size of her hand and you can always add on or replace it down the road.

Regardless, good luck!

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Hey man, I just went through this. First off, your better of going to a dealer that sells the diamonds to the jewelers. This way you get a much better price. Yes the 4 c's are a good starting point but the truth is. It doesnt matter if on paper it says that it has the best clarity, color, etc etc. Its just a piece of paper. It really just has to look great to your naked eye. What I would focus on is size, and how it sparkles. If you can see that diamond sparkle from across the room..you've made a great choice..

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Vintage rings (victorian, edwardian, georgian, art deco) have pretty universal appeal and you're more likely to get something that is truly unique - which I think is more important than the biggest, shiniest diamond you can afford. Vintage rings often use additional stones that you don't see much of anymore. The only potential downside to a vintage ring is that you may have to have the setting re-done since metal does wear over time.

Here is my wife's ring. I still think it's one of the coolest rings I've ever seen. We did have the setting re-done by an amazing local jeweler because it was very delicate. This picture is before the repair:

http://lh3.ggpht.com/_03tOCyT23es/SzJgv8WZwJI/AAAAAAAAB9k/88aD7NZg_98/ering_close.jpg

It's a 1936, platinum, old mine cut, .75 carat, flanked by onyx. That was almost 7 years ago, and my wife STILL spends time admiring it everyday. That's priceless.

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From what the commercials tell me go to Jared. But if she is worth marrying then I would suggest to buy something worth put on her finger a nice simple rock is classy without doing to much just dont go to Wal-Mart or K-Mart unless you have a woman that just aint worth that much.

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Here's the simplest way around it....DON'T DO IT!!
Vince Vaughn was NOT kidding in the movie OLD SCHOOL! If you don't remember it or haven't seen it, I suggest it before you take the plunge! Good luck!

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Don't do it man!

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DO NOT SPEND TOO MUCH MONEY on it!
DO NOT GO TO CHAIN JEWELRY STORE (like Jared or "the mall")

Don't be a sucker :-)

#1 - Try and make it sentimental more than expensive...maybe a local jewelry maker or something that means something to you as a couple, maybe an antique. I've seen some people create custom rings for that had way more meaning than a big rock and didn't break the bank totally. Most jewelry artisans can work with any budget.

Look. She is your lady and you don't want to do her wrong but this is the first step in a long line of MAJOR expenses for you. Make sure she loves you for you and don't go overboard on the engagement ring because she should be more excited about the proposal and you professing your undying love.

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Ill tell you what.. If you need a Wedding Band for yourself check out BlumLux, www.blumlux.com. I designed everything and its all kick ass. No more buying the traditional boring wedding bands! shoot me an email... nblum@blumlux.com

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Diamonds first:

Cut: Diamonds sparkle. If this one doesn't, move on.

Color: This is a place you can really get some wiggle room in, especially if it will be set in yellow or rose gold, you can dip down to H through J even and save some big bucks.

Clarity: Can you see any flaws with your naked eye after they've been revealed with a magnifier? If so, pass. If you do this right, a lot of people (including your fiancee to be) will be looking at this stone. Does the flaw affect the brilliance?

Caret: There's a serious price jump around 1 and another up at 2 (ha!). Anything from .75 to .9 is a nice size and won't break the bank. Look at a lot of stones in the stores to get an idea of what 1ct vs .75ct vs .5ct looks like, and then scope out engagement rings as you see them around town.

Look at a lot of diamonds, and go to a lot of jewelers/dealers. Find one you trust - this may take a long time - who quotes you a fair price.

The ring.

F. This part sucks. I knew a jeweler and got to peek "behind the scenes" at bulk/wholesale ring websites. These things sell for ~$100 wholesale. Yes, the one going for $900 in the store. That one. Super-mod designer rings can set you back $4k before you even add a diamond.

Again, go to a ton of different stores. Realize that most stores carry about 3 engagement ring styles, and 3 instances of each style. I eventually found a jeweler to custom make a ring to spec for me for a reasonable cost. This was an awesome process, is a great story, and won some big points.

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