Engagement rings - Does the price matter?

on Jun 21, 2010 @ 11:12 am

My boyfriend brought me to a jewlery store the other day to look at engagement rings to see which style I like!! I'm getting soo excited, I have no idea when he's thinking of proposing, but obviously it's on his mind! :D

I know he wants to spend between $1000 and $1500, and I'm quite happy with that!

But I also know people (i.e. my parents) who only spent a couple hundred, which I'm not sure I'd be too happy with?

What is your opinion on how much should be spent on an engagement ring? Does it matter? And if so, what is your ideal price?


26 Replies

Agreed on Jun 21, 2010 @ 01:08 pm

I have to admit I'm with you on this one. I know exactly what I want my ring to look like and although people say the price doesn't matter (which in theory it doesn't) the ring I want costs around your price point. An engagement ring isn't something you want to cheap out on, us ladies will be wearing it everyday for the rest of our lives.


Agreed on Jun 21, 2010 @ 02:13 pm

I heard that Ugly Betty's America Ferrera just got engaged and is
sporting a ring with an estimate value of $70,000. So I think I'd
align myself with her standards. Ok just kidding!

It's completely about the thought - I think most of us can agree on that. BUT, complete_cutie said it right: it isn't something you should cheap out on either!

Of course that doesn't mean you should spend beyond your means....but if my future fiance were to propose to me wearing a $5,000 watch around his wrist and he only spend $500 on the ring, I'd take that as a sign for how he feels about me!

If you can truly only afford a couple hundred, then that's awesome! And if you can afford more, cool too!

Interesting Topic... on Jun 21, 2010 @ 03:32 pm

I have wondered the same thing actually, how much is the right amount to spend? My boyfriend jokes that he's only spending a few hundred but I don't think he would get me something that would be embarassing to show off to people. He knows what the general standard is and I think these days that's around your price point.

I think back in our parents day they only spent a few hundred but that's because it probably cost a lot less back then.

A funny story from a friend of mine: She always suspected that her hubby had cheaped out on her ring but one day, years after getting married she came across the actual receipt. It cost him less than 200 bucks and she was pissed. She ended up saving up her money and getting a better one. Not sure if I would go the same route in her situation but it did make for a good laugh to hear about over drinks.

I am interested to hear other opinions/experiences on this because I'm really not too sure where I stand myself....

Also CONGRATS meguinn, thats SO exciting!!!

price doesn't matter ...BUT on Jun 22, 2010 @ 08:27 am

What you ladies are saying is very true - engagement rings / wedding rings are something we'll be wearing for the rest of our lives, so this is the one thing guys should really not cheap out on.

Obviously if he can only afford a hundred or two but he has a lifetime of love, then it's all good :) But I totally agree with Cathy, if he's sporting a $5000 and gives me a $500 ring, that would really show me what I mean to him.

... on Jun 22, 2010 @ 01:57 pm

Complete_cutie: I completely agree! I mean, I'm going to be looking at it every single day, so I want to be proud! It's what symbolizes our love!

Yeah Cathy I agree as well, but at the same time, if I were the man, I would never spend a couple hundred.. I would save up as much as I could to get the perfect ring! But obviously there are exeptions :)

Thank you so much Sue! :) I'm soo excited! It was so unexpecting, we were just walking through the mall and he's like "Why don't we stop in here? I need to know what you like" !! I was so happy haha

Awe Becky, a lifetime of love! That's so cute and nice! Can't wait for that :D

More opinions! on Jun 22, 2010 @ 02:01 pm

Going along with what Sue said.. Feel free to give me more suggestions/opinions! This is always one of these tough topics.

It'd depend on Jun 23, 2010 @ 10:29 am

Having never been in this situation I don't know what I'd actually think if in this situation.

I'd want a nice ring provided the guy can afford it. If he's out of a job then I wouldn't expect anything crazy.

But then practically, spending something like $2000 on a ring is a lot of money. I could spend less than half of that on a ring and put the rest towards getting a house or on debt payment or something.

So I don't know.

Price shouldn't be the most important thing on Jun 23, 2010 @ 09:39 pm

My husband proposed without a ring so that we could pick one out together. That turned out to be a very good thing because the ring he had picked was not something I would ever wear. It was a very modern style and too flashy for me. (He agreed that it didn't suit me when I tried it on.)

To be honest, when we shopped, we did not look at price at all. It was more important for us to find a style of ring that I liked that he would be able to find a complementary wedding band for. Once we had the style narrowed down then we looked for a ring in our (his) price range. And I honestly don't remember how much my ring cost.

Because you're going to be wearing it every day, my opinion is that you should focus on the style. Think about what you do while wearing rings and whether or not you want to wear your ring while doing dishes, scrubbing the toilet etc. or whether you will take it off and put it in your pocket when doing chores. Decide what's important to you--the setting, the size of the diamond, the cut, being unique, etc., etc., etc. Then let your guy shop around and find the best ring for you.

Price is only one factor in the equation. I don't know where you live, but $1500 should buy a beautiful ring that you will treasure for many, many years. I've seen million dollar engagement rings that are hideous, and $200 rings that are gorgeous. Remember that the ring, like all other elements of the wedding, are the icing on the cake. It's the relationship underneath that's important.

Enjoy your browsing!

Typo! on Jun 23, 2010 @ 09:41 pm

Oops! When I said "Then let your guy shop around and find the best ring for you" what I meant was let him shop around and find the best ring that he can afford to buy for you.


Cowgirl on Jun 24, 2010 @ 10:53 am

I think you're completely right! The price seems to be one aspect that's quite overrated compaired to the other factors involved. I do agree that you can find a gorgeous one for $1500, but also ones for $200.

Haha and about taking it off doing chores, I will NEVER take it off! :D

Yeah, our plan is (I think) to look through some other stores to find the right style, cut, ect. and unless I fall in love with a specfic one, then he'll pick it for me, depending on what I decided upon.

Thanks for the advice :) It opened up my horizons a bit more!

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