What do you think the average price on an e-ring is these days?

[innerkitten]

Just wondering.

 

[strmrdr]

3000-3500 gets thrown around here alot.
In my area the average is likely way closer to $1000
.23 to .33 are very much more common than anything bigger.

 

[Nicrez]

Posted this on What's a Good Price For a Ring Like This? post...

"Angela, absolutely agree with you on social circles. That's what finally determines your average. But as Chris said, the national average on diamonds IS .38 or .7 for e-rings. National New York average is 1.5.




Here a link to a bridal article on the average ring:


http://www.2theadvocate.com/weddings/stories/roundring.shtml




two relevant quotes:

[FONT=Arial,]"An average engagement ring might cost around $2,000 to $3,000, he said. A wedding band might cost $50 to $750 and higher..."[/FONT]

[FONT=Arial,][/FONT]

[FONT=Arial,]"...As far as the size of the diamond, “Most people try to get between half a carat and one carat,” said Elgin. “We sell a lot of 3/4 carat (diamonds).”[/FONT]

So one carat, although NICE, is NOT average. Most people spend 2-3K, and most people don't shop on PS for a good deal, so I am totally inclined to agree that citizen generall get .7ct e-rings, on the average.

By the way, lady at doctor's office came in with a 5 carat RB and 2ct rhomboidal sides. She was 110lb soaking wet and about 5' 1"...

 

[innerkitten]

Thanks for posting that article. It was actually less than I had expected.
I keep hearing about very large amounts of money being spent on rings these days so I thought maybe that was the norm.
-Kitten

 

[Nicrez]

Innerkitten, I was just commenting on that yesterday! I saw a woman at my jewelers with a 6ct radiant and 2.5 trilliant sides stones on each side of it! She was searching for a nice 4ct earring set...Hmmmm...




So many big rocks around me, but I live in NYC, so that's why. Plus it seems I work by the Diamond District and many of these huge rock wearers know how to shop for bigger and cheaper, or they have families in the biz...(lucky BAS%@^#%!!)




But you have to estimate that a long of central and midwestern states have smaller stones just because diamonds are such an accessory as they are here...People live more active and financially constrained lives that don't allow for big fat rings, when they have more kids and mouths to feed in general. I figure, if you have little to no kids, you have more professional jobs where you sit all day, and higher wages, you are bound to either WANT a bigger rock or be able to comfortably wear that bigger rock. You can't milk a cow with a 5ct on!!

POOR COW!

(totally kidding, please don't lynch me!)

 

[Patty]

Nic...that's Midwesternism! I ALWAYS milk my cow with my 5 carat on!

 

[Mara]

depends on the area, definitely. around here i would say around 7k if not slightly more.

 

[Jennifer5973]

Yes, definitely the geography is important. Here, in the NYC area, anything under one carat is considered "small."

 

[valeria101]

Two (declared) New York-ers on one little thread on big diamonds' geographic distribution in the US - this must say something

 

[Nicrez]

In NYC the only animals we tend to is the little lap pooch in the Louis Vuitton doggy bag, with his precious fur and diamond collar...and that can be done with the 5ct ON!

By the way, I retract my statement about milking the cow with the 5ct...that MAY be possible if there is a Simple Life Reunion and Paris decides to attend...

 

[elle_chris]

hi,
new poster here but I just wanted to ask.. when you say the nyc average is 1.5 do you mean manhattan?
because I have to say.. the outer boroughs is much smaller. In fact, it's rare that I see a ring over 1 carat.

elle

 

[fire&ice]

----------------
On 3/12/2004 1:12:49 PM Patty wrote:

Nic...that's Midwesternism! I ALWAYS milk my cow with my 5 carat on!----------------

This cracked me up Patty.

I'll add my 2cent from my geographic area. Engagement diamonds tend to be around 1c on average for young people. The older you are the bigger the diamond. Big diamonds, especially family stones are not uncommon. Many people do not wear them unless it's a special occassion. And, I mean BIG - like 10 carats big.

 

[Nicrez]

----------------
On 3/12/2004 4:11:44 PM elle_chris wrote:





hi,
new poster here but I just wanted to ask.. when you say the nyc average is 1.5 do you mean manhattan?
because I have to say.. the outer boroughs is much smaller. In fact, it's rare that I see a ring over 1 carat.

elle

----------------

Depends on what borough...Westchester, North Shore of LI, the Suffolk county towns by the Hamptons, and parts or pockets of Nassau County definately all have higher than 1ct marks, but yes NYC would be 1.5. Again, this is the "average" of some smaller stones and some behemoths some rich ladies sport (like Ms. F&I

with her 10ct ladies!), so tha average may scue a bit with those larger rings in the mix...

 

[bling]

i have to agree with mara for the bay area..id say about 7K...average being about 1ct? maybe slightly smaller? i dont know..but when ive gone into the bridal stores to try on dresses, some of the ladies rings are fantastic and huge..but along with size..i always have to look and see if its *sparkly*..not just big. i also wonder where they may have gotten their rings..do any of you all out there wonder that about other peoples rings? do you think most get them from B&M stores? department stores? online? id like to hear your thoughts on this too! yeah! its friday!!!!

 

[hoorray]

My brother lives in The City (SF) and bought his engagement ring at the Gift/Jewelery Mart. He said all his buddies had gotten rings at the same place. I don't know what he spent, but would guess $7 - $10k for a 3 stone ring.

 

[phoenixgirl]

Of course, the true "average" is weighted heavily by rings like J. Lo's, but my guess would be that the median amount spent is somewhere in the mid $1000s.

You have to keep in mind that the average person on this forum is not the average American (or person of another nationality, for that matter).

I think what you all are throwing around is the average amount spent by the upper middle class.

 

[glitterata]

----------------
On 3/12/2004 4:37:17 PM Nicrez wrote:

----------------

On 3/12/2004 4:11:44 PM elle_chris wrote:





hi,

new poster here but I just wanted to ask.. when you say the nyc average is 1.5 do you mean manhattan?

because I have to say.. the outer boroughs is much smaller. In fact, it's rare that I see a ring over 1 carat.


elle


----------------

Depends on what borough...Westchester, North Shore of LI, the Suffolk county towns by the Hamptons, and parts or pockets of Nassau County definately all have higher than 1ct marks, but yes NYC would be 1.5. Again, this is the 'average' of some smaller stones and some behemoths some rich ladies sport (like Ms. F&I

with her 10ct ladies!), so tha average may scue a bit with those larger rings in the mix...

----------------

Nic, those aren't boroughs, they're suburbs. The five boroughs of New York City are Brooklyn, the Bronx, Queens, Staten Island, and Manhattan. And I agree with elle--in the non-Manhattan boroughs, diamonds are surely smaller on average?

It varies a lot from neighborhood to neighborhood in Manhattan, too. Diamonds on the Upper West Side are probably bigger than the ones on the Lower East Side.

 

[Mara]

people seem to be posting what they feel is appropriate for their area...hence in the BayArea I would estimate that the typical spent is around $7k....and that's not just 'upper middle class' but rather most of this entire area...i think tends to spend more and/or sport more.

 

[pauls girl]

According to a website I found, $2,200.00 is the national average for an e-ring.


Who knows how accurate that figure is, or how outdated.


-Summer

 

[bling]

yes...it varies greatly dending on where you live. bay area being a sorta inflated area..look at gas! maybe alot has to do with cost of living..isnt the cost of living pretty darn high for the bay area and the new york area? so maybe it has to due with that?..and i guess i am sorta biased since i live here..i dont get to see much what other areas of the country wear..but all are lovely and all are bling bling to me!!! love em all!!

 

[LadyJ]

Well here in good old So Cal the range is very broad. I see everything from huge rocks to itty bitty chips. It's pretty diverse. In my peer group I mostly see a lot of average stones and in the uppermiddle class .5-.1ct rings but I usually question the quality of the stones because it seems like your average person just goes to the mall and buys something without really knowing what it is they are getting. I live in a strange area. You have your uppermiddle class, then you have million dollar+ just miles from lower middle class homes and apartments. I hate all those terms BTW but for lack of better ones I will use them.


Actually I was slightly concerned about this because my ring is going to be considerably nicer than anyone in my fiances family and I am almost dreading them asking me to look at it because I know one of them will say something smart. They have not been very welcoming from day one and I know they will hate the fact that he bought me a nice ring. But hey, he could afford it and he wanted to get me something nice. It's not like it's that big only .74 but bigger than what they have got and they are always trying to keep up with one another. That is a whole other story.. lol But like I said in our circle of friends it won't be out of place.

 

[MichelleCarmen]

----------------
On 3/12/2004 6:32:32 PM LadyJ wrote:

Well here in good old So Cal the range is very broad. I see everything from huge rocks to itty bitty chips. It's pretty diverse. ----------------

Seattle area is also very broad spectrum. I think .5 is about average and in the suburbs, the majority wear around .25 or less.

I honestly can't imagine wearing what most do here (1.5 carats or whatever the PS average is) in a city park in my neck of the woods. We live in a nice area, don't get me wrong, but it's not nice enough to be sporting diamond rings worth more than my head to most common thugs! Too many creeps, IMO, to risk it.

Does anyone else feel this way too or am i just overly paranoid?

Michelle

 

[Mara]

Well I figure..my ring is insured so if someone accosted me for it, they can have it!! I can always get another one, my life is more important. But I wouldn't not wear something just because of the possibility of something happening. Life is very unpredictable, at least I will enjoy my jewels.

 

[MichelleCarmen]

----------------
On 3/14/2004 12:12:50 AM Mara wrote:

Well I figure..my ring is insured so if someone accosted me for it, they can have it!!

----------------

Ah, I thought you'd be aching to try out your kickboxing moves

lol!

Michelle

 

[Mara]

Good point!! I guess it would depend on my assailant and if they are armed! Since my new class started where we actually wear gloves & go nuts on the bag...I have developed alot more strength (I can move the bag halfway across the room in a few minutes!). Hopefully I never have to try out my skills..and hopefully especially not to save my beautiful jewels!!

 

[fire&ice]

I would venture a guess that Rolex's, gold jewelry & the like attract more attention than an e-ring. I don't know anyone who was robbed and forced to hand over their e-ring. It probably happends. It's just not as common as someone bopping you over the head/pushing you down & stealing your purse.

A friend who sports a 3 carat diamond & diamond e.r. was robbed at gunpoint. All they wanted was her purse. While scary as heck, it happened sooo quickly. The crook would have to have quite a bit of time to ask someone to remove their jewelry - which I would gladly do.

 

[hoorray]

I never worry about wearing my e-ring in day-to-day life. I live in a generally "safe" area, but if I find myself somewhere that I'm not comfortable, I spin it around so that the stone is inside and doesn't attract attention, put my hands in my pocket, or just take it off. I never think about people noticing my rolex either, but it is stainless -- not yellow gold, so I assume doesn't really stand out. Maybe I'm just oblivious.....

 

[MichelleCarmen]

----------------
On 3/14/2004 5:22:31 PM fire&ice wrote:

I would venture a guess that Rolex's, gold jewelry & the like attract more attention than an e-ring. I don't know anyone who was robbed and forced to hand over their e-ring. It probably happends. It's just not as common as someone bopping you over the head/pushing you down & stealing your purse.

----------------

Yeah, i guess you're right. I keep thinking of this story I heard where a man was visiting Egypt wearing a diamond pinky ring and a person ran up and chopped off the guy's entire finger to get the ring!

Who knows if this tale is true, but it's been forever imprinted on my mind and I keep thinking everyone is after diamond rings

lol

I guess I should be more concerned about all the loads of cash I tote around in my purse (hahaha - j/k. It would be hilarous if someone stole my purse as it's actually kind of a diaper bag in disguise packed with diapers, wipes, and twenty different shades of lipstick

michelle

 

[fire&ice]

----------------

I guess I should be more concerned about all the loads of cash I tote around in my purse (hahaha - j/k. It would be hilarous if someone stole my purse as it's actually kind of a diaper bag in disguise packed with diapers, wipes, and twenty different shades of lipstick

michelle----------------

Well, that's the booty my friends assailant got. Shameless, as it gave her nightmare's for about a year. Things are just that -things. It's the violation that gets most people.

 

[MichelleCarmen]

----------------


Shameless, as it gave her nightmare's for about a year. Things are just that -things. It's the violation that gets most people.
----------------

That's too bad. I hope your friend's okay now. Has she gotten help for post traumatic stress disorder?

Michelle