A 5th C?????

Yep!!!! Some say Cost is the 5th C, as most people are most concerned with this aspect of an engagement ring. The 4 C's, as well as, the band ad the setting (will describe another time), determine the price of an engagement ring. The carat of the diamond is not a large price determinant. For example, a 1/2 carat diamond ranges in price from $399 to $5,054, while a 1 carat diamond can cost anywehre from $1,330 to $22,211. So, a 1/2 carat can be more expensive than 1 carat!! So, now the important question: How much should I spend? Well, bridal magazines and jewlery stores say guys should spend 2 month's salary on the ring; but they want you to spend more money. This means if your man makes $50,000, he should spend $8,300!! And if he makes $100,000 that translates into $16,600 for the ring!! Guys, don't worry!!! You can get an amazing ring for under $6,000. And the average amount spent on a ring is $3,165!! Tiffany's states they sell rings in the price range of $1,000 to $1 million---so you can pretty much find a price which complements the 4 C's you desire. As a reference, a one carat engagement ring from Tiffany's falls within the $8,800 to $34,200 range. (Remember you're paying for the Tiffany's name also!!!). In my personal opinion, I would say a ring priced anywhere from $3,000 to $7,000 would be a great purchase!! A recent article on about.com explains how to save money when purchasing an engagement ring. Check it out!!