Question: Where can I find the nicest diamond engagement ring for $10,000?

It is easy to assume that spending $10,000 would mean that you’re guaranteed to get the best. This is not necessarily so. If a shopper focuses only on size they could neglect other very important attributes which actually make the diamond look sparkly. For example here is a 2 carat diamond: https://www.jamesallen.com/diamonds/K-I1-Good-Cut-Round-Diamond-1493524.asp which is pretty good, fits the budget, and isn’t poorly cut. The only problem is that there is an unsightly inclusion right under the middle of the table. This is going to be quite noticeable Also this diamond’s color is K, so it’s getting a bit on the pale yellowish side. Any round brilliant diamond whose color is past J will be one that looks kind of pale yellow. It is possible to choose to get a yellow gold ring for a more yellowish diamond’s setting and the idea is that the optical illusion of the yellowish color of the gold doesn’t make the yellow of the diamond quite as noticeable. This has only limited results. A colorless diamond will still look beautiful in a yellow gold ring, so this shows you that the setting’s color only influences how the eye perceives the color by providing a contrast.

All that to say that this 2 carat diamond would not be my first choice. Therefore the first thing to determine when we want the nicest diamond on a $10k budget is what we mean by “nicest.” As you can already tell “nicest” will mean different things to different people. I am going to go through the steps to get what I consider to be the nicest round brilliant diamond with a ring for ten thousand dollars (US$10,000). I find that most diamond experts recommend similar options to the ones I will delineate below.

With a budget of $10,000 your options open up quite nicely. First of all, you’ll be guaranteed to find a diamond over one carat, and that $10,000 will be enough to cover a platinum ring with sidestones as well.

Here is a fine choice: https://www.jamesallen.com/engagement-rings/settings-with-sidestones/platinum-graduated-pave-swirl-engagement-ring-17871p.html

$10000 diamond engagement ring with sidestones
Setting by James Allen (with sidestones). $8500 center diamond + $1500 setting = $10,000 engagement ring.

Platinum is the king of metals when it comes to diamond rings. It is stronger than gold so there’s less chance of any stones falling out.

In regards to the size of the diamond, the advantages of getting a diamond over one carat is that the diamond certificate (grading report) is more detailed. The grading report which GIA issues will include a diagram detailing exactly where any inclusions are found in the diamond.

Ok, so here’s how to go about finding the best and most beautiful diamond with this budget of $10,000.

The ring setting which I have chosen for this example is priced today at $1,590*, leaving over $8000 for the diamond itself.

*Precious metals prices change frequently.

At James Allen select the advanced options in the Diamond Search box.

For this example we will choose Round. We do this because then we will be shown diamonds which have a cut grade mentioned on the grading report. This makes it possible to just select the Ideal cut option without having to worry about having to enter in the depth and table percentage values.

James Allen offer their own estimation of cut grade and categorise their fancy shapes such as Princess, Emerald, Square, Heart, Marquise, Pear, Oval, and Cushion according to what they deem to be Ideal, Very Good, and Good. GIA, the grading lab, does not offer this information for fancy cuts therefore cut grade won’t be mentioned on the GIA grading reports for fancy cut diamonds.

Either way I recommend getting a diamond with a grading report from GIA or AGS.

 

10000-budget-diamond-for-ring
This search, today, gives us 8 diamonds to choose from at James Allen. Two or three look to be very likely candidates.

I have selected this diamond (see image below) from the ones that come up as a result of the above search which I think looks the nicest. This H color, VS1 clarity diamond has Ideal proportions, a diamond grading report from AGS and a 30 Day inspection period.

www.jamesallen.com/loose-diamonds/round-cut/1.33-carat-h-color-vs1-clarity-ideal-cut-sku-2600733

Where to buy pink diamonds for less than USD15000

The specialists in colored diamonds featured on my list are among some of the best places to buy diamonds. Yes it is true that any jeweler worth his salt will be able to get you a colored stone, but there are several reasons I recommend this particular jeweler for all your fancy colors.

Note: Just to review a couple of terms. (Please skip on ahead if you already know about diamond terminology.) The word "fancy" when used in regard to diamond color means intensely or vividly colored. When used in regard to shape "fancy cut" means any shape other than the standard classic usually referred to as a round brilliant.

The diamond we have for you today actually falls in both categories:

Fancy color and fancy cut.

Pink diamonds are rare therefore they command a respectable price. But that’s not to say we can’t find you a beautiful one at a fair price.

pink-heart-diamond-leibishThis little beauty is a gorgeous fancy intense pink cut into a heart shape and not only does it have good symmetry, but good polish and has Argyle laser inscription and certification.

This one gets my “No Regrets” stamp of approval.No Regrets stamp of approval for this round diamond

Heart Brilliant

Measurements
3.54 x 3.58 x 2.17 mm
Carat Weight
0.16 carat
Clarity Grade
SI2

color

Origin
Natural
Grade
Fancy Intense Pink
Distribution
Even

proportions

Depth
60.6 %
Table
59 %
Girdle
Slightly Thick to Very Thick, Faceted
Culet
None

finish

Polish
Very Good
Symmetry
Very Good

Fluorescence

Fluorescence
Medium Blue

clarity characteristics

Clarity Characteristics
Feather, Needle, Pinpoint, Natural

The reasons I recommend Leibish for colored stones is because first of all this is their speciality. If you want good service and good quality go to the specialist. And like most of the jewelers on our list Liebish is a well established entity. Leibish and Co participates in the annual invitation only Argyle Pink Diamond Tender. Enough said.

Leibish is also a proponent of diamonds as investments so they are keen to give purchasers a chance to get in at a good price.

All in all Leibish are great to deal with and provide a wonderful service.

I asked them to send me a list of a few more pink diamonds under $15000 and they responded within the hour with the following list (which includes the stone reviewed above).

  1. www.leibish.com/pink-diamonds/fancy-intense-pink-heart-23805
  2. www.leibish.com/pink-diamonds/fancy-intense-pink-pear-23345
  3. www.leibish.com/pink-diamonds/fancy-intense-purplish-pink-emerald-26495
  4. www.leibish.com/pink-diamonds/fancy-vivid-purplish-pink-radiant-18858