Buying an Engagement Ring 101: Everything You Need to Know

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The engagement ring is, arguably, one of the most important things you’ll ever buy, so you want to make sure you get it right. Between the high costs, complicated traditions and many other considerations, the ring-shopping process can be extremely stressful for first-timers. Understandably, you’ve probably got a long list of questions. But, not to worry, because we’ve got answers! Read on to learn everything there is to know about buying an engagement ring with confidence.

How Much to Spend

First up: The question on all of our minds is “How much are you supposed to spend on an engagement ring?” There’s a ton of misconceptions floating around out there about this topic, and there’s only one right answer: Whatever you’re comfortable with. Contrary to popular belief, you do not have to shell out multiple months of pay on a ring. In fact, doing so might even be bad for your marriage. According to one study, couples who spend more on engagement rings actually have a higher rate of divorce. Just sayin’!

With that being said, if you do decide to go for an expensive ring, that’s perfectly fine. Just make sure you buy through a reputable dealer and have it insured right away. Also, remember that fine jewelry does have a tendency to depreciate drastically in value, so you probably won’t recoup your whole investment if you go to sell. On top of that, custom and one-of-a-kind designs often can’t be returned. The takeaway here is to make absolutely sure your partner will love the ring you choose before sinking thousands into its purchase.

Are Cheap Engagement Rings of Low Quality?

If you opt to go the sensible route and buy a reasonable engagement ring over a savings-draining one, does that mean it will be of low quality? Definitely not! Make sure to look for a few markers of high quality, though, because not all rings are created equal. To ensure that you get a high-quality yet well-priced piece of jewelry, buy something made with premium sterling silver with a rhodium plating. These materials last forever and — bonus points — they won’t turn your partner’s finger green.

Who Should Pick It Out?

Proposers ask us this question all the time and, since every couple is different, there’s no straight answer. But it’s crucial that your recipient likes the ring enough to wear it every day for the rest of their life, so it’s probably a good idea to go into ring shopping with a pretty solid idea of your partner’s tastes. Whether you get your intel from their Pinterest account, their close friends or directly from the source doesn’t matter, as long as it represents your recipient and your love for each other.

What About Sizing?

Sizing an engagement ring can be a bit tough since many people like to preserve some element of surprise for their partner. Luckily, there are some easy ways to secretly figure out the ring size of your future spouse, ranging from borrowing one of their rings and having it measured to asking a close friend or family member to do some digging. Your best bet, though, is to buy from a ring supplier that offers free, easy exchanges and sizing. 

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Buying Engagement Rings Online

Contrary to popular belief, you don’t have to step foot in a jewelry store to find an engagement ring worthy of your future proposal. In fact, there are plenty of reputable online engagement ring stores where you’ll find gorgeous, affordable options that meet your needs. Just make sure to look for one that has good reviews — ahem, Modern Gents — and is known for producing high-quality yet affordable engagement rings. Oh, and free, easy returns are a must!

Make It Easy with Modern Gents

The best route to take when buying an engagement ring is to find a ring supplier you trust. At Modern Gents, we’re proud to offer a huge selection of stunning rings your recipient will adore, all at a great price with free shipping, easy returns and a lifetime warranty. What could be better? Shop our entire selection of engagement rings to find a sparkler that speaks to you!