How To Determine Her Engagement Ring Style:
At Grand Diamonds we don’t think of purchasing an engagement ring as a daunting decision, we think of it as an exciting one!
You get the opportunity to choose from a wide variety of beautiful rings and select one that will bring a smile to your partners face for a lifetime.
Buy with Confidence
All engagement rings purchased from Grand Diamonds feature GIA certified diamonds and are laser inscribed with a matching certification number.
Frequently Asked Questions
If you’re feeling lost when it comes to purchasing a ring, don’t worry, you’re not alone.
As men we are not typically accustomed to purchasing diamond rings and you may have many questions on your mind.
Here are answers to the most popular questions we receive…
1. How much should I spend on an engagement ring?
Back in the day De Beers came up with a marketing idea that men should spend one month’s salary on an engagement ring, later they increased this to 2 month’s salary.
The truth is it doesn’t matter what the price is, it matters what you can afford.
There’s no use adding financial pressure to your relationship at an early stage. If you can afford one month, great, two months, awesome.
Whatever you are comfortable with spending, is the correct answer.
2. Do diamonds appreciate in value?
The bottom line with diamonds like any commodity comes down to scarcity?
The value of diamonds will be affected by supply and demand. The overall quality grading, or the 4 C’s (cut, carat, colour and clarity) are also taken into consideration.
3. What style engagement ring should I buy?
The ring guide at the top of the page gives insight into the various styles matched to personality types.
This is important as you don’t want to give your traditional wife-to-be a ring that is too modern and make her feel out of place – or vice versa.
4. What’s the average carat size of an engagement ring?
The average carat size in South Africa is a little over 1 carat with the average price of a ring between R35,000 – R40,000.
5. How can I save money on my engagement ring?
Getting the best value for money is always at the top of the list when it comes to purchasing an engagement ring.
Whether your budget is R20K or R200K you want to get a great diamond set in the perfect style for your partner.
6. What band types do engagement rings come in?
The four most popular band types are
- White Gold
- Rose Gold
- Yellow Gold
Gold comes in 14K or 18K and Platinum – being the rarer metal – carries a higher cost than the gold varieties.
The upside however on a platinum ring is it keeps its brilliant colour better and is extremely durable as a metal.
7. When is the best time to buy an engagement ring?
Some people say the best time to buy an engagement ring is after Valentine’s day as the period leading up to it sees diamond dealers inflating their prices.
At Grand Diamonds we do not operate in this manner. We offer the best prices on engagement rings year-round, thanks to our intimate relationships and purchasing power with South Africa’s leading diamond cutters.
The History of Engagement Rings
The tradition of the engagement ring dates back to Rome, although references are made to ancient Greece and Egypt too.
The idea was made popular by a lawyer named Henry Swinburne, where the ring was part of the “bride pride” and represented purchase and ownership of the bride – good thing we have moved on from them.
The thought process behind placing the engagement ring on the ring finger of the left hand was, there is a vein running through this finger to the heart.
Romantic, don’t you think?
An interesting side-note is that two rings were initially given to the bride.
One was a golden ring meant to be worn in public, and the other an iron ring to be worn at home.
(so as to not get damaged during daily household chores.)
Enter the Diamond Ring
Diamond rings first appeared in Austria in 1477 when the higher social classes would give them to their loved ones.
When diamonds were first discovered in South Africa and production exceeded 1,000,000 carats per year, people of lesser means could also afford to give diamond engagement rings to their wives-to-be. (1872)
In 1938 the De Beers group created a marketing campaign suggesting one month’s salary should be spent on an engagement ring.
Later this was increased to two months, and this is where this popular benchmark comes from.
The legal ownership of an engagement ring is a trick discussion.
Originally it was implied that if a man calls of an engagement, the woman keeps the ring as she has endured public shame.
In today’s times if the ring was given as a gift it is the property of the woman, but this is often difficult to prove.
If the ring is given over Valentine’s Day or Christmas – traditional gift giving holidays – it is more clearly seen as a gift.
In South Africa if an engagement is called off before marriage, the general rule is the recipient must return the ring to the giver, unless otherwise agreed.
In the case of a divorce the recipient will typically get to keep the ring as it was seen as a gift before marriage and excluded from the joint estate.