Diamond Rings Singapore: Price and Value of Diamond Rings
Diamond Rings Singapore: Price and Value of Diamond Rings
Key Highlights:
- Diamond rings are popular in Singapore due to their beauty and value.
- Original diamond rings can be expensive, so it’s best to buy within your budget.
- The price of a real diamond ring can range from $1,000 to over $65,000 depending on several factors.
- There is no fixed price for a 1-carat diamond ring in Singapore. It can range from $2,500 to $16,000 depending on the “4Cs” (cut, clarity, color, carat) and the setting.
- A professional jeweler can appraise your diamond ring to determine its value.
Diamond rings are the order of the day since diamonds became everyone’s favorite gemstone due to their sparkle and value. They make lovely jewelry and are no longer one of those jewelry pieces people wear only on certain occasions like weddings or engagements.
Due to their value, people also wear these diamond rings to showcase their exquisite taste for luxury and flamboyant style and to complement their outfits. Although diamond rings in Singapore are one of everyone’s favorite jewelry for the day, it doesn’t make it cheap.
In contrast, original diamond jewelry is expensive. So, it’s best to buy it if you can afford it to avoid compromising so much that you end up with a low-quality ring. If you’d like to know how much you should spend on diamond rings in Singapore, how to assess their value, and details about selling them, stick around.
How Much Should a Real Diamond Ring Cost?
Real diamond rings for engagement or casual accessories cost around $1000 to $65000 or more. But it ultimately depends on how much you’re willing to spend.
Original diamonds are expensive, and regardless of the notions there are saying they’re affordable, it doesn’t mean they are cheap. Referring to these diamond rings as affordable means they come at a reasonable price where you can budget wisely to own one.
How expensive this jewelry becomes depends on your choice: custom-made diamond rings or already-made ones. The difference between both comes from the increased price of most intermediaries services and who you choose to make your jewelry.
The highest factors influencing the price of original diamond rings in Singapore are the diamond and metal used. But don’t forget that choosing smaller carats, eye-clean diamonds, and a different diamond shape or precious metal as a substitute for another doesn’t make your diamond ring fake.
What makes it fake is using artificial materials, like moissanite, instead of diamond or gold-plated metal, which isn’t as durable as the original. Aside from these factors, you’re welcome to choose diamond rings Singapore that align with your budget, provided you’re not buying fake jewelry.
How Do I Know How Much My Diamond Ring Is Worth?
A professional jewelry evaluation is essential to determine your diamond ring’s value and authenticity. In Singapore, many jewelers sell non-original rings, misleading buyers. An expert gemologist can easily assess whether your diamond is genuine, whether it’s a solitaire, 1-carat, or has eye-clean clarity. The jeweler will appraise both the diamond and the precious metal, giving you an accurate estimate of its worth. For a trusted evaluation, contact Dianoche.
What Is the Price of 1 Carat Diamond Ring?
There is no conclusive price for a 1-carat diamond ring because its characteristics influence its value, thus impacting its price. On average, a 1-carat diamond ring price in Singapore ranges from $2500 to $16000. And its four C’s and diamond setting also play a vital role in its price.
Color: Color depends on preference and budget, as colorless diamonds within D to K are acceptable while D to F gives the primary icy appearance. But light-colored ones with brown or yellow tints cost less than such ones. Hence, whatever color you choose can and will impact the 1-carat diamond ring’s cost.
Clarity: A diamond’s clarity refers to its visual appearance and the absence or presence of flaws or inclusions. Clarity grades range from FL (flawless) to I1 (Inclusions 1), and diamonds with little blemishes cost more than those with these imperfections.
Cut: A diamond’s cutting significantly affects its appearance and how brilliant it appears. Experts grade a diamond cut from excellent to poor, with a few others in between.
Undoubtedly, exceptional diamonds with the highest possible brilliance cost more, and it doesn’t matter the diamond’s carat. Excellently-cut diamonds don’t cost more because of their perfect appearance but because they give off the most brilliance and shine.
Also, popular diamond settings influence cost, primarily when attributed to famous jewelry brands. For example, the Tiffany diamond ring style may seem like the usual solitaire setting. Still, its unique name makes it different. Hence, the Tiffany diamond ring price in Singapore is relatively high, affecting the 1-carat diamond price in Singapore.
The best option for anyone wanting to sell their diamond ring in Singapore for the best price is to choose specialist buyers. The reason is that these jewelers buy only the best diamond jewelry from people, and since they know the value of original diamond rings, they’ll offer the best price.
It would be best to avoid jewelry stores and places that sell jewelry to others as they’ll want to buy low from you and add an extra price for profit.
However, before even selling diamond rings Singapore to these specialist buyers, they require you to have a high-quality ring that is still in good condition.
Where Can I Sell My Diamond Ring for the Best Price?
Therefore, prioritize high-quality jewelry if you know you’d like to buy diamond rings with the potential of reselling them to get the best price out of them later.
Hence, if you need to invest in high-quality diamond rings in Singapore, you should choose Dianoche. We’re a five-star rated marketplace that only sells high-quality, brilliant diamonds at the best prices, and they are all GIA certified, so you’re assured of their authenticity.
Want the best diamond ring? Get it evaluated now. Fill out this form to book an appointment with a gemologist.
Conclusion
Diamond rings are a significant investment. Understanding how much they cost, what factors influence their price, and how to get them valued is crucial before buying or selling one. This blog post highlights the key points to consider regarding diamond rings in Singapore. If you’re looking to buy or sell a diamond ring, the advice is to consult a reputable jeweler or specialist buyer to ensure you get a fair price and a genuine diamond.