Are Custom Engagement Rings More Expensive? | Alexis Gallery — Alexis Gallery Custom Engagement Rings | Toronto (2024)

Are custom engagement rings more expensive than ready-made? This is a common question and your instinct may tell you that custom should cost more – but in reality, they often cost the same or less.

Let’s go over some key differences between our custom process and mass-produced engagement rings:

Are Custom Engagement Rings More Expensive? | Alexis Gallery — Alexis Gallery Custom Engagement Rings | Toronto (1)

Big Box: Manufacturing of ‘big box’ engagement rings is often done on mass. This process allows them to produce rings quickly by creating generic settings for standardized ring designs. While this can bring the price down, steps that ensure premium quality are often skipped.

Us: When creating each custom engagement ring, we only make one ring at a time, ensuring no detail is lost with reproduction. Each ring is given care and attention at every step of the fabrication process. For example, each ring is cast in many pieces so every crevice can be cleaned and polished. We hand-drill every diamond setting and handcraft each prong under a microscope.

Are Custom Engagement Rings More Expensive? | Alexis Gallery — Alexis Gallery Custom Engagement Rings | Toronto (2)

Big Box: If you’re purchasing an engagement ring at a store, the centre stone is often already set in the ring. This doesn’t give you the option to select your own stone. If you’re shopping online, often you’re trusting only a diamond certificate without seeing the stone in person. There is often an enormous difference from stone-to-stone; even between two diamonds with the same colour and clarity.

Us: We have a unique diamond curation process which we undergo for every client. Once we understand your vision, budget and preferences for shape, size, colour, clarity and cut, we examine about 50 diamonds/gemstones, selecting the top 2-3 for you to inspect in person or virtually through an in-depth diamond viewing. If your diamond viewing is virtual, we use HD video and on-hand scale videos to ensure you get to know your options intimately.

Are Custom Engagement Rings More Expensive? | Alexis Gallery — Alexis Gallery Custom Engagement Rings | Toronto (3)

Big Box: Walking into a jewelry store, you’re working with a sales associate who may have some base level knowledge about jewelry.

Us: Designing a custom engagement ring, you’re working with the lead designers/owners who have vast knowledge of gemology, design and hands-on experience with production.

All these factors may lead you to believe that custom engagement rings should be more expensive than ready-made – but in fact they are not.

Luxury retailers with large storefronts and staff have extensive overhead, which is reflected in the markups they put on their rings to in order to survive.

By choosing to keep our overhead low (our team is small and our relationships are strong), we can create a much higher quality engagement ring, which costs the same or less than the big box.

Browse our unique engagement ring portfolio for more inspiration of what custom really means.

Alexis Smith

Are Custom Engagement Rings More Expensive? | Alexis Gallery — Alexis Gallery Custom Engagement Rings | Toronto (2024)

FAQs

Is it more expensive to get a custom engagement ring? ›

Custom Engagement Ring Price Range

However, this rumor is far from the truth! Similar to other jewelry pieces, custom options are available in a wide range of price points, so just about any buyer can find room in their budget for a personalized piece.

How much are the Alexis Gallery rings? ›

Plain rings in gold range from ~$700-$1,800+hst. Diamond rings in gold range from ~$1,300-$2,500+hst. Fully custom rings (ie. creating a new design outside of our collection) start at $2,500+hst.

Is custom made jewelry more expensive? ›

There's no set price for a custom piece of jewelry. But it does not have to be significantly more expensive or affordable than a standard item. Custom jewelry can be ordered for as little as $500. But depending on your budget, you can select options that raise the final quote much higher.

Which ring is supposed to be more expensive? ›

In general, engagement rings are bigger and flashier than their wedding ring counterpart. They typically feature a larger center stone (often, a diamond), and are characterized, for many, by their bling factor. Thus, the engagement ring is generally the more expensive of the two rings.

Is $20000 a lot for an engagement ring? ›

The answer to whether $20,000 is a lot for an engagement ring depends on your personal financial situation, preferences, and what you believe the ring represents. It's a significant amount of money for many people, but it's essential to find a balance that aligns with your values and budget.

What is the golden rule for engagement ring prices? ›

According to this 'standard,' you should spend two months of your salary on your beloved partner's engagement ring. While it's not wrong to follow this rule, it's not required! The two-month rule isn't rooted in any cultural tradition. It started out as a marketing strategy by the diamond corporation De Beers.

How much was Kylie Jenner's engagement ring? ›

Jewelry-industry experts estimated that the diamonds in Kylie's ring weigh about 5 or 6 carats apiece and are valued at $325,000. Stormi's petite version is set with diamonds weighing approximately 1.5 carats each and carry a price tag of about $120,000.

How much is Kourtney Kardashian engagement ring? ›

The price of the Kourtney Kardashian engagement ring is $1 million because a 12-carat oval diamond has brilliant faceting and polishing styles. The diamond fluorescence of Kourtney's ring is none grade that proves the distinctive choice of other diamond shapes.

What is the most expensive Kardashian engagement ring? ›

Kanye West proposed to Kim Kardashian with a 15-carat, cushion-cut, D-flawless diamond designed by Lorraine Schwartz. D-Flawless and type 2A diamonds are said to be the purest and most valuable type in the world, and the ring is rumored to be worth AUD$9.9 million.

How many carats should be in an engagement ring? ›

The average engagement ring size varies across the globe. It constitutes 0.6 CT in the U.K., 0.9 CT in the USA, 0.5 CT in Europe. The most desired сarat size on a finger in Australia is 1.0. According to our survey, the most frequently bought carat sizes in 2021 are 1.25, 1.0, and 1.5.

How long does custom engagement ring take? ›

A custom ring typically takes longer to create than pre-made designs, as they involve a more personalized process. The custom engagement ring timeline might take anywhere from 2 to 4 weeks for the design process and an additional 2 to 4 weeks for production.

Are custom rings better? ›

Standard rings found in most U.S. jewelry stores are made overseas on assembly lines staffed by low-wage workers. The quality doesn't even come close to engagement rings custom made by skilled designers. With a custom ring, you get a truly beautiful, valuable heirloom quality piece that is made with care and attention.

How expensive should an engagement ring be? ›

While engagement rings are a pricy investment, the usual cost tends to be below $10,000, with a national average of $6,000, according to The Knot's 2022 Jewelry and Engagement Study.

Which ring shape is the most expensive? ›

The most expensive diamond shape is by far, the round brilliant cut diamond. This cut has 58 facets to reflect the maximum amount of light, making it the most sparkly and brilliant of all the diamond cuts. The round cut diamond requires a lot of skill and precision to cut correctly, which adds to its high cost.

What rings hold their value? ›

Art deco style rings and old mine cut or old European cut stones are stand-outs and you really can only find them in antique rings. You'll also get more value for your money. A previously-owned engagement ring will cost you less money up-front and will keep its value even after years of use.

Top Articles
Latest Posts
Article information

Author: Dr. Pierre Goyette

Last Updated:

Views: 6119

Rating: 5 / 5 (70 voted)

Reviews: 93% of readers found this page helpful

Author information

Name: Dr. Pierre Goyette

Birthday: 1998-01-29

Address: Apt. 611 3357 Yong Plain, West Audra, IL 70053

Phone: +5819954278378

Job: Construction Director

Hobby: Embroidery, Creative writing, Shopping, Driving, Stand-up comedy, Coffee roasting, Scrapbooking

Introduction: My name is Dr. Pierre Goyette, I am a enchanting, powerful, jolly, rich, graceful, colorful, zany person who loves writing and wants to share my knowledge and understanding with you.