Moissanite Engagement Ring Sydney

We’ve come a long way in recent years in so many different ways when it comes to buying Diamonds and Engagement Rings. Young couples are profoundly more environmentally, socially and economically conscious than ever. With more of a concern over where Diamonds are mined and if they are sourced ethically or reducing the environmental impact of mining by choosing a lab created alternative we are seeing more an more of a down turn in genuine, naturally mined diamond sales.

Its no secret that major Diamond suppliers and retailers are feeling the shift. The decline in sales has been a long time coming and culminated finally with the advancement of the Lab created Diamond and the Moissanite. With major retailers more reluctant to stock or sell the alternatives they may be getting left behind in a market that is starting to struggle. The recent events of Covid19 only solidified the fact that buyers not only are looking for a more cost effective alternative but also an alternative that is more sustainable. A recent article in Forbes magazine by Tim Treadgold - https://www.forbes.com/sites/timtreadgold/2020/04/15/diamond-crash-just-dont-ask-how-bad-it-is/#610989cedd91

This trend has extended world wide too and even closer to home we are seeing Lab Created Diamond and Moissanite Engagement Rings in Sydney, Melbourne and Brisbane take a leap forward. Many young buyers from Australia have found themselves searching online and now in store as places like I Heart Moissanites become the first choice as opposed to buying over seas. With websites which allow you to build your own ring – www.iheartmoissanites.com.au and specialists that help you in custom designing your perfect ring the choice has become a simple one.

Moissanites have become a great option for buyers who have been effected economically but still want to purchase an Engagement Ring or Jewellery that looks and feels like a Diamond at a fraction of the price.

Moissanites can save you up to 90% in some cases and considering the massive fluctuation in the economy and the US / AUD dollar that can make a huge impact on budget. With Gold prices rising, choosing a Moissanite that is very close in comparison to mined Diamonds can save buyers thousands. Buyers can even enjoy a larger Moissanite or a better setting for less than what they would spend with a mined Diamond.

Besides the benefit of the price difference, Moissanites are a 9.5 on the Moh’s scale of hardness. This is close to the same position as natural Diamonds and due to fact that they are grown in a lab Moissanites can be produced in better colour and clarity that many natural diamonds are found in. This means when shopping for a Moissanite Engagement Ring and especially a Solitaire Moissanite Engagement Ring the brighter and clearer Moissanite wont cost the thousands you would expect to pay for a mined Diamond or even a Lab Grown Diamond.

With such a great alternative to mined Diamonds that are 100% ethically sourced and at a better price point there is no wonder buyers are gravitating to Moissanites.

Moissanite Engagement Ring

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.