Engagement Ring

How to Shop for an Engagement Ring in New York City

Engagement rings are synonymous with love, and many New Yorkers have searched far and wide to find the perfect ring that represents their love and commitment to each other. While you can easily find plenty of jewelry stores in NYC, the best place to shop for an engagement ring with Halloween charm in New York City is the world-famous Diamond District, located along West 47th Street between 5th and 6th Avenues. However, there are several excellent retailers also located in and around the area. Here’s how to find what you’re looking for.

What you need to know before you start shopping

Before you head out to browse for a ring, there are a few things you should know. There’s more than one Diamond District in NYC, but West 47th Street is by far your best bet if you want to buy from a reputable jeweler.

The reason? The diamond business is governed by strict laws of both supply and demand: A large percentage of diamonds come from just two mines, one of which sits conveniently next door to Africa’s biggest city—it’s hardly surprising that almost every diamond sold in America also passes through South Africa at some point.

And because diamonds are mined exclusively by large corporations and traded by monopolies under tight restrictions, these stones tend to sell at very set prices.

Where to find a great diamond

The Diamond District is not one place, but a series of small diamond shops along West 47th Street. You can walk down any block between 5th and 6th Avenue and see a variety of stores selling diamonds.

When you’re ready to buy, stop by any shop and ask them to show you what they have in stock. If you decide on a particular stone or setting, tell them you’ll be back later that day or make arrangements with them to see other diamonds at another time.

They’ll be glad for your business! Once you’ve seen several stores with something you like, go back and negotiate with your favorite retailer.

Where should you go to have your diamond set?

If you’re looking for a full-service jewelry store, look no further than Reeds. The store features a skilled staff of certified gemologists and diamond setters, as well as state-of-the-art equipment. Another great option is Anderman Jewelers; it features some of New York’s finest diamonds. Both companies are located in New York’s Diamond District.

What should you look out for?

Before you get down on one knee and ask her parents’ permission, it’s important that you do your research and know exactly what sort of ring you want to give your fiancee. When shopping around for engagement rings, here are a few things you should look out for:

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A high-quality stone; well-cut diamonds; a metal made from platinum or gold (these are more expensive than other metals, but last longer); and proper insuring.

A little insider knowledge…

A lot of online sources provide tips on where to buy a diamond, but few talk about what you should look for when buying a diamond. It’s important that you know exactly what your money is going towards and it might be helpful if you learned some insider knowledge.

For example, did you know that there are different grades of diamonds? The most popular version is known as standard, which simply means that it has no obvious imperfections. There are also other grades such as perfect, internally flawless, very good, and others.

Each grade is more expensive than the one below it and so on. So if budgeting is important, it’s worth taking into account that higher-grade diamonds cost significantly more than standard stones of similar size.