Is it truly more expensive to have an engagement ring made to order than to buy one off the shelf?

The words “bespoke” and “custom crafted” might be a bit intimidating. There is a sense of anxiety that comes with having something produced particularly for you, whether it’s a custom suit or an original work of art.

For engagement rings, how about this: It’s hard to believe that bespoke engagement rings cost as much as they do. That’s a no-brainer, of course. Having a custom ring made is not only easier and less expensive than you expected, but you don’t even have to be a design whiz to build an excellent engagement ring.

Here are some reasons why custom-made engagement rings are less expensive than store-bought ones:

Choosing a jeweller with a transparent bespoke procedure and no hidden expenses or intermediaries to raise the pricing is vital because this is mostly dependent on where you get your engagement ring. There must be a good reason for the lower prices of custom engagement rings manufactured by smaller independent jewellers like Hearts of London. Essentially, since the whole process of creating an engagement ring is handled in-house by a team of gemologists, designers, and goldsmiths who have years of experience in the field.

So, how much should you spend on an engagement ring?

The world’s largest diamond dealers have pushed the idea that you should spend one, two, or even three months’ wages on your engagement ring as a marketing technique. In the end, you’ll have to pay for a wedding, so forget about these restrictions and think about how much you can afford.

Online reviews and comments from previous customers are important to keep in mind while shopping for a product or service. The quality of a jeweler’s service and their rings should be taken into account when deciding whether or not to pay extra for a ring. To guarantee that your ring is made to endure a lifetime, this price difference may be worth paying for in the long run.

And how much do custom-made engagement rings cost? Which diamond or gemstone you choose is directly related to how intricately designed your custom-made ring will be. If you compare like with like, you will find that a custom engagement ring costs no more or no less than an identical ready-made band with the same dimensions, design and quality.

For the greatest value, get your unique engagement ring manufactured from scratch:

Some ‘bespoke’ jewellers incorporate mass-produced components in their designs. Make sure that the jeweller you choose has a high degree of artisanal integrity, so that each aspect of the ring is made with your design in mind. It can be costly for jewellers to outsource their labour or ring parts, which is passed on to their customers. Ask for a tour of the jeweler’s workshop and learn all you can about how they make their wares! Due to our workshop’s proximity to our consultation rooms, visitors to Hearts of London will be able to watch our goldsmiths at work.

Custom engagement rings may be made to fit your financial needs:

Setting a budget and sticking to it is the best way to guarantee you don’t overspend on an engagement ring. When you design your own ring from scratch, you may choose every aspect of it, even the price. Gemmologists may help you locate the greatest possible diamond or gemstone for your engagement ring, rather than paying for an already-set diamond that hasn’t been examined by either you or a gemmologist. The grade of a diamond can be exaggerated by jewellers to inflate the price of a ready-made ring, but the only way to know for sure where your money is going is to inspect, compare, and learn about loose diamonds and their attributes. GIA certified diamonds are evaluated to the toughest standards in the world, which means you won’t spend too much for a diamond that doesn’t live up to its certification grades.

You may choose a design that appeals to you, and the gemmologist will use their extensive industry expertise to determine how much money you can spend on a diamond or gemstone to go along with it.

The price of a handmade engagement ring made by a local jeweller:

They don’t have to pay for expensive marketing campaigns or storefronts, which is a huge advantage for independent jewellers. Hatton Garden’s jewellery quarters, for example, have a modest quality that allows independent jewellers to keep their financial outlays low, resulting in a lower charge for customers. 

Having a custom-made engagement ring means so much more:

You’ll save money on a personalised ring constructed from scratch, but you’ll also be able to appreciate the level of craftsmanship and knowledge that went into it. A personalised engagement ring that is made just for you is the sweetest thing in the world, whether you’re planning a surprise proposal or creating it with your spouse. You will feel more connected to the piece of jewellery you will wear every day for the rest of your lives by working with a jeweller to design a one-of-a-kind engagement ring. I appreciate it since it’s meaningful and personal.

In addition, you may be surprised to learn that it’s lot less daunting and pricey than you had first imagined.