So
you’ve started looking for an Engagement Ring and you’re thinking about all the
different options. Well you’re not alone and never before has their been so
many options. Naturally mined Diamonds, Lab Grown Diamonds or Moissanites. A recent survey of young couples in 2019
showed that approx. 18% of couples chose to purchase a Diamond alternative.
This is a jump compared to the 13% the year before in 2018.
We
know Diamond alternatives are on the rise, we even have recent confirmations
from the Diamond powerhouse De Beers reporting a lull in sales in recent years.
They reported a 39% decrease in sales in 2019 compared with 2018.
So
why are young couples searching for a Diamond alternative and why are they
drawn to a Moissanite Engagement Ring?
There are quite a few reasons in fact and they all make sense when comparing
them side by side.
The
main reason and one of the most important ones is the price tag. Moissanites
are significantly less expensive than the same size, colour and clarity in a
natural Diamond. When buyers are adding up the cost for usually the third most
expensive purchase of their lives behind the house and car, it’s no wonder that
the price is a huge draw card.
To
lend to the price, the fact that they are very similar in both look and feel is
another benefit for buyers when considering these Diamond alternatives.
Moissanites are a 9.25 on the Moh’s scale of hardness, which is slightly below
a natural Diamonds 10. When considering a Ruby and Sapphire are 9 and an
Emerald is a 7.5 the Moissanite is great comparison.
If
the price and the fact that they are incredibly similar isn’t enough to
convince, the impact they have on the environment compared with naturally mined
Diamonds usually is. Moissanites aren’t mined and therefore are completely ethically
sourced and conflict free. This has such a huge appeal to young couples who are
both environmentally and socially conscious of the way natural Diamonds are
mined and produced.
With
these incredible alternatives on the rise, we are seeing an increase in
purchases all over the world. If you’re looking to buy Moissanites online
Sydney, London, New York or even Beijing you’ll find Moissanites have become a
popular and sought after choice.
Many
young couples who are considering Moissanites and Moissanite Engagement Rings
are also considering upgrading to either a Lab Grown or natural Diamond when
they are in a better position financially, which is a great option to secure
something perfect now and later. The best option here is to look for a Jeweller
who can offer either upgrade options or good advice regarding swapping later on
down the track. Remember replacing the same size and shape in a ring already
created is the easiest way to go if looking at these options.
It
is important to note that just like Diamonds, not all Moissanites are the same.
They are available in different grades in terms of colour and clarity so
choosing a Jeweller that specialises in Moissanite and Moissanite Jewellery is
essential.
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