How much does a 3 carat engagement ring cost? This is a question with many answers, and here’s one. A James Allen shopper chose their Platinum Pave Setting with a 3.09 carat J SI2 Excellent cut round diamond for a total price of $28,470 and total carat size – including setting stones – of 3.41ct.
Gorgeous, right? And possibly a ringer for Jamie Lynn Spears’ popular engagement ring that set the internet on fire a few years ago. If this is the look you must have, let me show you how to shave down the price just a bit.
Let’s start with the setting. In platinum, as shown this setting will cost you $1100. Choose 14kt white gold (or even a more current 14kt rose gold look) and that setting price drops down to $830.
As for the diamond – the number one price saver when it comes to larger diamonds is to buy slightly below the carat size vs above it. Since many shoppers are looking for a 3 carat diamond, those who can deal with one that is 2.90 carats can usually find the better deal.
|2.90 CARAT J-SI2 EXCELLENT CUT ROUND DIAMOND $21,970|
Take a look at this 2.90 carat J, SI2 Excellent Cut round diamond currently in stock at James Allen. At just under 3 carats, you’ll save at least $1,000 over diamonds with a carat weight just above 3 ct.
By choosing the diamond above and a 14kt white gold setting instead of platinum, this ring comes in at $22,800 and still has over 3 carats of combined diamond weight when you include the diamond in the pave setting.
Want to save more? Pick a cushion cut diamond instead of the more in-demand round shape. See this 3.02 ct cushion cut diamond priced at $18,850 and your entire ring price will stay under $20,000.
Want one more hack? Pay via wire transfer and James Allen will take 1.5% off the total price.
Now are you ready to buy? Click here to browse the selection at James Allen and talk to one of their diamond consultants in real time.
More Ways to Save on an Engagement Ring:
- 3-Carat Engagement Rings Under $30K
- Buying a 3 Carat Ring Online? They Did!
- High-Quality Tiffany Replica Engagement Rings
- Lab Created Diamonds at James Allen