Things You Need To Know About Upgrading Your Engagement Ring

Lab-Grown Diamonds
Lab-Grown Diamonds
Lab-Grown Diamonds
Lab-Grown Diamonds

It can be a good choice to upgrade your engagement ring to celebrate important milestones in your relationship. Most women prefer to have a larger diamond on their engagement ring and you can achieve that by upgrading your diamond ring. Additionally, it’s a method to celebrate a life achievement or simply fulfill a long-held desire. Read below to find out how you can upgrade your ring and to clear all your doubts regarding the cost and other details of this process.

Is It Possible To Upgrade Any Ring With A Larger Diamond?

The first question that might pop into your head may be “is this really possible?” Without a doubt, this is possible. However, how the upgrade is carried out totally depends on the style of your present engagement ring.

To upgrade a solitaire ring, there is no need to make much change in the ring as the only alteration required is the change of prongs. But if you want to upgrade a complex designed ring like a 3-stone ring with a diamond ring band, it is necessary to do a lot of work on the ring to accommodate the new bigger diamond. Some diamond rings are exclusively designed to house a diamond of a specific size. Such rings also need to be re-designed to accommodate a larger diamond.

Is Upgrading Your Engagement Ring An Expensive Process?

Engagement Ring
Engagement Ring

You are replacing your engagement ring with a new diamond that is bigger than your previous diamond. You have to bear the cost of the new diamond and the cost depends upon the size and quality grades of the diamond. Redesigning your ring is also not cheap as the cost ranges between 400 and 2000 USD.

You can also mention your budget to the jeweler and he could provide you with upgrading options that are well within your budget limit. You may also choose lab-grown diamonds to reduce the overall cost of upgrading. Lab-grown diamonds are about 30% cheaper than natural diamonds of the same quality grades.

Can You Sell Your Old Diamond To The Jeweler?

The jeweler will buy your old diamond, but the price you get will be nowhere near the retail price of your diamond. As there is very less demand for used diamonds, you will not get a good resale value on your diamond.

Leave a comment

Your email address will not be published.