Imagine what it would be like to win a 10k diamond ring from James Allen. That's $10K as in the chance to win a diamond ring valued at ten thousand dollars! That would be pretty awesome, right?
You can buy a pretty amazing diamond engagement ring for $10K. Or you could apply the $10,000.00 credit towards something bigger! All you have to do is enter your email address and follow the clues for your chance to win!
And best of all, everybody is an instant winner! I received a discount coupon via email the moment I clicked submit! That's an awesome James Allen coupon! Note: this contest came to an end on September 16, 2019. However, you can still Save 25% off of Engagement Rings from James Allen by taking advantage of the current sale. See site for details.
So how would you go about building a diamond ring with a budget of ten thousand dollars? Do you start by selecting the diamond or the setting? Why my good Watson, that is an excellent question! The reality is that it probably is not going to make much of a difference.
But it's always nice to have an idea of how much the engagement ring is going to cost, so let's start there. This 14k white gold pave set diamond e-ring from James Allen costs $1,020.00. This contest ended 9/16/2019. However, you can still save 25% off your engagement ring by taking advantage of the current sale.
Now remember that you're going to receive a 15% discount coupon from James Allen for entering their contest! So using rough math we're going to take $1,020.00 and multiply that by 0.85 = $867.00 leaving us $9,133.00 to spend on the diamond. Now that's awesome, because we can do a lot with nine grand! Click on the button below and follow along as we go diamond shopping!
The “search James Allen for ideal cut diamonds” button above contains the presets that I use when searching for rounds. Click on that button and you’ll save yourself all the time it takes to set-up the search parameters.
The next thing we’re going to do is fine tune things for this particular 10k diamond ring project:
This provides me with 18 GIA Excellent and AGS Ideal-0 cut round diamonds to consider… Now you might have a different set of diamond characteristics in mind, but I want to maximize the carat weight of the center stone. I also want to ensure that the diamond is absolutely eye clean, which is why the minimum clarity grade is VS-2.
If you’re open to the possibility of seeing an inclusion or two when you scrutinize the diamond, then expand the clarity range. I happen to prefer diamonds in the D-color to I-color range because they face-up whiter, but if you’re open to warmer tones, then expand the color range.
So now you’ve got 18 diamonds to choose from, how do you pick the best one? I right click my mouse over the picture for each diamond, and then select the option to open the page in a new tab.
This will open up the diamond details page for each diamond in a new tab within your browser. Then you’re going to want to click on the icon for the GIA or AGS diamond grading report.
I’m going to automatically eliminate all the options which do not have a crown angle between 34.3 – 35.0 degrees. I’m also going to eliminate all the options which do not have a pavilion angle between 40.6 – 40.9 degrees.
In addition, I’m going to eliminate anything with a pavilion depth of 43.5% or deeper. This is because 43.5% happens to be the critical tipping point where light begins not to strike fully off the pavilion facets.
This might seem like a lot of work, but it actually took me less than 2 minutes from start to finish. At this point there are eight diamonds left in the race. The next step is to flip through the lab reports to evaluate the diamond clarity characteristics. I automatically reject diamonds that contain a cavity, etch channel or knots.
Thankfully the inclusions within the remaining eight diamonds met my selection criteria. So we have eight exceptional diamonds to choose from:
The 40.6 – 40.9 degree pavilion angle featured on all of these diamonds should exhibit a high volume of light return. The 34.3 – 35.0 degree crown angle measurements should produce a virtual balance of brilliance and dispersion. Personally, I’m more likely to select a James Allen True Hearts Diamond over the standard ideal options. This is because reflector scope images are provided, and thus I’m able to determine the degree of optical precision.
Now you might prefer diamonds of a different color or clarity grade. That’s no problem at all, just use what you’ve learned here today to find the best option. Feel free to run the options by me for further evaluation, but you can tell a lot about a diamond from the video and reflector scope images. Of course, you’re welcome to take advantage of my free Diamond Concierge Service if you would like me to conduct the search for you.
Todd Gray is a professional diamond buyer with 30+ years of trade experience. He loves to teach people how to buy diamonds that exhibit incredible light performance! In addition to writing for Nice Ice, Todd "ghost writes" blogs and educational content for other diamond sites. When Todd isn't chained to a desk, or consulting for the trade, he enjoys Freediving! (that's like scuba diving, but without air tanks)
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