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The Best Time to Buy an Engagement Ring, According to Jewelry Experts

May 8, 2019
The Best Time to Buy an Engagement Ring, According to Jewelry Experts

The purchase of an engagement ring is an important event. You’ll want to start the process early to make sure that you get the perfect ring for the best possible price.

Keep reading for some tips to help you score The Ring at the best price possible!

Know What You Want Before You Shop

The best time to buy an engagement ring is after you know what you are looking for. If you do your research, you’ll be able to walk into the display room with confidence.

Start by reviewing ring designs that you like and determine how much you are willing to spend. Engagement rings come at a variety of different price points. Although you may be able to find something for cheap, plan to spend anywhere from $1,000 to $7,000 to get an engagement ring setting and diamond that you truly love.

You should also make a decision regarding the ring setting and the center stone. Solitaire rings are a popular design involving a simple band with a beautiful diamond at the center. Many jewelers allow you to personally select the diamond that will go on your ring.

If the bride doesn’t want a traditional diamond engagement ring, you may also consider investing in a custom jewelry design. Custom designs cost more and take longer to complete, but the result will be completely personal and in line with your tastes.

When Is the Best Time to Buy an Engagement Ring?

You should always start shopping for an engagement ring significantly before the proposal date. Every ring needs to be sized and customized for the wearer; this process can sometimes take as long as two months to complete.

If you are investing in a custom ring design, budget even more time for the design and creation process. Give your jeweler at least a season to make something absolutely perfect.

Proposal season is considered to be October through February. During this time, engagement rings are in high demand and are thus at their highest price point. If you buy before or after this season, you are more likely to get a better deal.

Wedding season is May through September. This is the slow season for many jewelers since most couples have already purchased their wedding rings and engagement bands. You’ll be able to get a better price during the summer months and may see your custom designs completed more quickly.

In the modern market, expensive diamonds don’t go on sale very often. Online retailers often sell at their lowest possible price. Jewelry showrooms have increased prices to cover overhead costs and are unlikely to run a large sale. As long as you don’t try to shop at the peak of proposal season, you are probably getting a good deal on your jewelry purchase.

One advantage to shopping early is that you can watch your favorite jeweler for sales. If you aren’t in a rush, you’ll be able to wait and make your purchase when the price is lowest.

Purchasing an engagement ring is an important and personal process. Although you might be able to land a great sale, you will have a better experience if you budget for a ring that you truly love.

Get in Touch with Premiere Jewelry Designs

At Premiere Jewelry Designs, we are happy to answer any questions you may have about purchasing an engagement ring. Get in touch with us early in your shopping process so that we can provide you with the help you need!