Knowing the type of stones and metal you want to work with is a huge step in the path to getting an engagement ring, but many of our clients come to us unsure of exactly what they want and what it should cost. The national average for an engagement ring is $6,351 but your budget should depend on your personal financial situation (and forget the “three months salary” rule which may be more or less than what you need for what you want.) When you work with us, we’ll guide you to the best materials for your unique lifestyle and aesthetic, and we won’t show you designs or materials that exceed your budget. That said, all custom engagement rings are made from scratch with high quality materials and start at $6,000. Please expect to find lower price points for rings created at high volume with similar sized stones of less quality. One note: you can find anything on the internet. Educate yourself and be diligent about asking questions. If a deal seems too good to be true, it probably is.
One of the top drivers of the cost of custom engagement rings is the rarity and size of the center stone. The average engagement ring has a 1.0 carat diamond and this is what most people envision when they think of an engagement ring. A one carat diamond ring typically falls between the $10,000 – $15,000 range, though the diamond’s cut, color, and clarity and exact carat weight will affect the price. We have designed rings in the $6,000 – $10,000 range that have a diamond center stone under 1.0 carat, or the center stone is the client’s heirloom stone that we have cleared for quality, durability, and design compatibility.
In general, gemstones are less expensive than diamonds, however some gemstones are much rarer than others and command a price tag to match. Generally, a 1.0 carat gemstone engagement ring will be between $6,000 – $10,000 with the price going up as carat size and/or design complexity and additional stones increase. A 5 carat gemstone may be possible at the $30,000 – $50,000 range. Compare all stones here.
If you want a ring that isn’t a one stone solitaire, you’ll have accent stones. The amount, size, and carat weight of accent stones varies based on your design, ranging from very small pave diamonds to three stone style rings that feature three stones of roughly the same size (and this would equate to a cost of having three center stones).
The type of metal and the amount of metal needed both affect cost. Generally, yellow gold, rose gold and white gold are less expensive than platinum or palladium, but if you’re design requires a lot of metal (like a thick band) or it’s a complex design, the price will go up accordingly. Because custom engagement rings are made only one time, the design is precisely engineered just for your ring and the metal case just once. Therefore, the cost of metal may be factored into the overall price in a bigger way than a mass-produced ring. Compare engagement ring metals here.
An engagement ring setting is the entire metal part of the ring that holds the all diamonds and gemstones in place. Settings can vary widely in terms of complexity and this affects price. For example, a simple, plain metal band will not cost as much as a band with intricate filigree cut outs or one with hand carved designs. Similarly, the more metal (gold, platinum, or palladium) used, the higher the price tag. At Abby Sparks Jewelry, all of our rings start at $6,000. Learn more about settings here.
Our one hour design meetings are $100. If you decide to move forward with creating a custom piece, the $100 will go toward your final price.
Because each piece we make is built from the ground up and is so unique, it is difficult to give an accurate quote without having a full design meeting. We encourage you to browse our engagement ring portfolio to see the range of projects we’ve made in the past.
Our Custom Engagement Rings typically start at $6,000. Many factors impact the price of custom jewelry such as gemstone preferences like type of stone, carat weight, cut and clarity. Additional price influences include metal type, overall dimensions of a piece, design complexity and detail, rarity of gemstones to be sourced, quantity of gemstones to be set, and more. To learn more about our pricing read our blog How Much is a Custom Ring or give us a call at 303-957-6502.
We typically have two approaches to designing. We can design around what the client loves or around a budget. If you have a particular budget above our base starting point for custom fine jewelry of $4,000 and custom engagement rings of $6,000, we pride ourselves on guiding people with designs and corresponding metals, gemstones & diamonds that best suite their financial needs but that still provide a great value, both visually and in quality. Designing around what you love means that there isn’t a fixed budget, but rather a determined budget range for the general look and materials. Either way, design parameters are part of a conversation that we have at the initial design consultation. Financing available.
Payments for custom jewelry are divided into three installments. First you pay a $500 design deposit to get the ball rolling. Then we require a fifty percent deposit for all custom pieces, to be paid before commissioned jewelry goes into production. You’ll pay the final 50% installment upon delivery.
We can work with you in-person at our studio or set up a video call to help you take the first step toward designing a ring. Design consultations are complementary and we will give you a quick call beforehand to make sure we can help you.