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How To Upgrade A Diamond Engagement Ring
from mollywhitee7's blog
If your taste or financial situation has changed since first purchasing (or receiving) your diamond engagement ring, you might be thinking that it’s time for an upgrade. This is a complicated and highly personal process that can be difficult to navigate, particularly if it’s something you have absolutely no experience with. Fortunately, we’re here to help.
1. Do Your Research
An upgrade can mean anything, from swapping out the centre stone to enhancing the ring’s existing setting. It is incredibly important that you do your research before deciding exactly what kind of upgrade you want. It’s also important that you find a good jeweller whom you trust, as they can walk you through the different options available.
2. Review Your Policy
You might be surprised to learn that many jewellers actually offer a trade-in program for couples whose budget has grown since first purchasing the ring. Some will adjust the price of a new diamond or gemstone based on the price of the original purchase. It’s important to note that conditions may apply, such as the new stone being twice the price of the original.
3. Don’t Impulse Buy
As there is so much emotional weight attached to the alteration of your Beautiful engagement ring, don’t act on impulse. It is important that you consider your emotional attachment to the original piece and whether what you choose now will be something that you still love 10 years down the track. This is not a decision that should be rushed.
4. Costs Can (And Will) Vary
Remember that redesigning a ring is not a cookie-cutter process. With different options come a slew of different price points. The simple remount of an existing diamond, for example, could fall anywhere from $1000 for something simple to $7500 for something more elaborate. Be sure to get quotes before making a decision.
5. Keep Unused Stones & Settings
When updating diamonds or mountings, make sure that the jeweller returns any unused pieces. They can be used to make other items of jewellery (from earrings and necklaces to a brand new ring) or they can be evaluated for purchase by a gold buyer. Many people like to keep stones to hand down to their children.
When it comes to upgrading your diamond engagement ring, we hope that the points outlined above have given you a lot to think about and have helped to ensure that you are completely satisfied with your final decision. Just remember that the process should be treated with care – you’ll be wearing the ring for potentially the rest of your life, so you should love it. < Previous Post Next Post >
1. Do Your Research
An upgrade can mean anything, from swapping out the centre stone to enhancing the ring’s existing setting. It is incredibly important that you do your research before deciding exactly what kind of upgrade you want. It’s also important that you find a good jeweller whom you trust, as they can walk you through the different options available.
2. Review Your Policy
You might be surprised to learn that many jewellers actually offer a trade-in program for couples whose budget has grown since first purchasing the ring. Some will adjust the price of a new diamond or gemstone based on the price of the original purchase. It’s important to note that conditions may apply, such as the new stone being twice the price of the original.
3. Don’t Impulse Buy
As there is so much emotional weight attached to the alteration of your Beautiful engagement ring, don’t act on impulse. It is important that you consider your emotional attachment to the original piece and whether what you choose now will be something that you still love 10 years down the track. This is not a decision that should be rushed.
4. Costs Can (And Will) Vary
Remember that redesigning a ring is not a cookie-cutter process. With different options come a slew of different price points. The simple remount of an existing diamond, for example, could fall anywhere from $1000 for something simple to $7500 for something more elaborate. Be sure to get quotes before making a decision.
5. Keep Unused Stones & Settings
When updating diamonds or mountings, make sure that the jeweller returns any unused pieces. They can be used to make other items of jewellery (from earrings and necklaces to a brand new ring) or they can be evaluated for purchase by a gold buyer. Many people like to keep stones to hand down to their children.
When it comes to upgrading your diamond engagement ring, we hope that the points outlined above have given you a lot to think about and have helped to ensure that you are completely satisfied with your final decision. Just remember that the process should be treated with care – you’ll be wearing the ring for potentially the rest of your life, so you should love it. < Previous Post Next Post >
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