Upgrading your Engagement Ring

Upgrade your ring

Maybe your style has changed and a trendy marquise stone is no longer your vibe, but a more classic cut is, or maybe you and your spouse have, let’s be frank, more dollar signs in the bank account than when you first wed. Whatever the reason you’re looking to upgrade your engagement ring, it’s can be a tricky area to navigate how do you decide what you want in your new ring? Or, if you’re keeping the old, how do you upgrade diamond in the engagement ring while maintaining its sentimental value? And just how do you convey your wishes to your partner? Don’t upgrade your engagement ring without some heavy research consider these things first. 

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With endless options, it can be difficult to choose just one style. If you’re updating your ring because there’s something about it that doesn’t suit your personality, then use that as your guide swap a solid band for a pavéd one if you’re a little more glamorous, or a round stone for an emerald cut if you’re a little more fashion-forward. If, however, you’re updating because you have a bigger budget, you may want to keep a similar style and just opt for a larger carat diamond.

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We recommend having your current ring appraised. Which will help you get the highest value to use toward your new ring. If you’re keeping parts of ring and getting rid of others, still get the components you won’t be using diamonds, side stones, band appraised selling them can go toward financing your new piece.

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How much money are you willing to spend. Evaluate your preferences on setting and stone so that budget can be broken down and best divided. A typical setting will range anywhere from $600 to $4,000 depending on the total carat weight of its diamonds, the metal used, etc., leaving the remainder for the star of the show, your center stone.

We recommend keeping the center stone and changing the setting. This can dramatically impact the look of the ring at only a fraction of the cost. By switching from a yellow gold solitaire band to a platinum split shank band, for example, your ring will look transformed.

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But what if you want to keep your current ring and only update your work? Consider upgrading the center stone. Why not trade in your existing diamond for a larger stone or different shaped stone? Round diamonds and princess cut diamonds are by far the most popular shapes, however oval and cushion cut diamonds are currently very fashionable and in high demand. Keeping the setting or side stones allows you to maintain sentimental pieces while having the ring you really want right now.

 

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