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Exploring Alternatives within Your Budget: Can You Recommend Alternatives within a Specific Budget Range?

March 04, 2024

So you’re shopping for a diamond engagement ring, or you’ve fallen in love with a dazzling jewelry piece, but unfortunately, it’s stretching your budget a bit too far. Fear not! There are plenty of alternatives and strategies to consider that can help you achieve your desired look without breaking the bank. Here’s how:

  1. Adjusting Diamond Specifications:
  • Consider dropping down to our lowest color grade of G or H, which can significantly reduce the cost without compromising much on appearance.
  • Similarly, opt for diamonds with the lowest clarity Holloway sells that you’re comfortable with, such as SI2 or SI1, to achieve the best value for your budget.
  • Request a diamond with strong blue fluorescence, as these diamonds tend to appear whiter and can offer a budget-friendly alternative to non-fluorescent stones.
  1. Exploring a Wider Range of Options:
  • Expand your search to include diamonds with a broader range of color and clarity grades, allowing us to find a beautiful stone that fits within your budget constraints.
  • If dropping down to a smaller carat weight diamond, consider a setting that can accommodate a larger diamond in the future. This way, you can upgrade as your budget allows. Holloway Diamonds offer this unique service with very few T&C’s.
  1. Payment Plans and Financing Options:
  • Take advantage of payment plans Holloway Diamonds offers, allowing you to spread out the cost of your purchase over time without compromising on size or quality.
  1. Considering Different Gold Metal Options:
  • Opt for 9K white gold instead of 18K for a white ring, as it offers benefits like a whiter colour, better durability, and lighter weight, all at a more affordable price point.
  • Avoid 9K yellow gold, as its colour may not be as attractive compared to 18K gold.
  1. Exploring Different Diamond Shapes:
  • Instead of a traditional round diamond, consider alternative shapes like oval diamonds, especially if you’re aiming to achieve a specific magic carat weight like 1.00ct or 2.00ct.
  1. Cultural Considerations:
  • Be mindful of cultural expectations regarding diamond quality. While some cultures may prioritise D-E color and flawless or very high VVS clarity, it’s essential to recognise that alternatives can offer similar or even superior visual appeal at a lower cost.
  • In many Asian cultures, there’s a historical association with top-tier diamond quality. However, younger people’s modern preferences often lean towards diamonds in the F to G, VS2 and SI1 range, where the differences are virtually indistinguishable to the naked eye.

By exploring these alternatives and understanding your options, you can find the perfect jewellery piece that not only meets your aesthetic preferences but also aligns with your budgetary constraints. With a bit of creativity and flexibility, you can achieve a stunning look without compromising on quality or style.

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