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Cost of an Engagement Ring
Below is an informational video about how the Gemological Institute of America grades diamonds and provides consumers with unbiased diamond grading reports. A GIA diamond grading report will make you sure of your diamond's value and your diamond's quality.
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In 2015, the current average cost of an engagement ring is between $4,770 - $5,580.
Round cut also known as brilliant cut is the most popular diamond shape. A round brilliant diamond has a total of 58 facets including 33 facets on the crown and 25 facets on the pavilion part.
The carat weight of a loose diamond refers to the weight of the stone when it is measured on a diamond scale. The unit of measurement is called “carat” as opposed to gram. A “carat” is equal to 200 milligrams or 0.2 grams and is divided into 100 points. For example, 1.50ct is equal to 1 carat and 50 points or 150 points.
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