Traditionally buying an engagement ring was supposed to cost two months wages. This was a standard set by De Beers in the early part of the 1900's as diamond consumption was bottoming out and demand for alternative engagement rings was on the rise.
Now a days, couples are pooling their funds and even shopping together to buy their engagement ring, but as most couples are starting to find out the price of engagement rings can vary from shop to shop, with explanations of the four c's, colour, cut, clarity and carat .
One thing is clear is that we are paying to much for engagement rings and that through the wonders of the Interweb and budget airlines we have discovered that buying rings can be cheaper when we look further a field.
Buying an engagement ring in Dublin
is now becoming more affordable thanks to Diamond Brokers, traditional retail shops have big overheads, such as staff retail space and high business rates, whereas Diamond brokers who sell engagement rings source their diamonds from International sources and sell direct to the public without the costly overheads associated with retail space
Buying from a diamond broker is an inexpensive way of buying an engagement ring as some couples spend time money flying to Antwerp and patrolling the diamond shops whereas a diamond broker will bring the diamond engagement rings here and sell them at the same price, whats more they will guarantee each engagement ring is sold with an Independent valuation separate from their shop ensuring their validity
Customer to diamond Brokers regularly shop up at their offices with just a picture of the ring they want and the broker will source it for them at up to 40% below Irish High Street Prices.
Some brokers have seen such a big uptake in demand for engagement rings that they have launched special ranges for the budget conscious online where four thousand euro rings change hands for less than €2,000.