Most of the diamonds found today are somewhere between one and 3 billion years old. That’s right, these little wonders of nature have only increased in price lately, which makes it especially hard to get a proper engagement ring at anything close to a somewhat affordable price. A diamond engagement ring is known to be one of the more popular choices among couples, and it is considered to be one of the evergreens when it comes to purchasing engagement jewelry.
What’s with the price tag?
You might wonder what it is that makes diamond so expensive is. Aside from the fact that their numbers are finite and it took thousands of years to create one merely through nature’s processes, it is the fact that 80% of the diamonds anywhere in the world are actually not suitable put into jewelry. At least, not until they have been cut and processed in a way that would allow them to make a fine addition to a ring, necklace, bracelet or earrings. You might not believe it, and it’s pretty clear that words affordable and diamonds don’t quite tend to mix, you can find a diamond at quite a price out there.
Don’t get ripped off
The thing to worry about when going after affordable diamonds is the fact that not everything you shop for my 100% be a diamond. You have probably heard it by now, another similar crystal known as cubic zirconium, is often pawned off as a regular diamond, along with a high price tag, when in actuality you get a synthetically created diamond look-alike. This is something you definitely want to avoid, and although your fiancé is probably not counting on selling the ring at some point to earn revenue, it does feel pretty rotten to gift a fake diamond to the person you plan to spend the rest of your life with.
They have an impressive history behind them
Diamonds were actually not as valuable until the 1860s, when the first diamond mines began to open in Africa. This led to a ‘diamond rush’, and there have been many interesting events and tales to tell about diamonds throughout history. For example, the United States of America don’t produce any diamonds, but they actually by around 40% of the total amount of diamonds produced throughout the world, which makes them one of the largest diamond markets in the world. What really cuts into the price of the diamond is the fact that an experienced jeweler needs to refine it and cut it in a perfect way, that would make it presentable on jewelry.