What Does the Average Moissanite Engagement Ring Cost: A Budget-Friendly Sparkle

When it comes to engagement rings, diamonds have long been considered the most popular gemstone choice. However, in recent years, an alternative gemstone has been making waves in the jewelry industry: Moissanite.

Known for its remarkable similarity to diamonds, Moissanite is an affordable option for those seeking a dazzling and budget-friendly engagement ring. Here’s everything you need to know about the average cost of Moissanite engagement rings and why they’ve become popular.

What is Moissanite?

Before delving into the world of Moissanite, let’s first take a quick look at what diamonds are, to accurately compare the two.

Diamonds are precious gemstones formed deep within the Earth’s mantle under intense heat and pressure. They’re composed of carbon atoms, giving them their exceptional hardness and brilliance. We know them for their rarity, durability, and beauty.

For years, wearers have preferred diamonds for jewelry, especially engagement rings and wedding sets. However, historically, they also held great value as talismans, renowned for their protective properties during battles and supposed ability to ward off evil.

So what is Moissanite, and how does it differ?

Moissanite closely resembles diamonds in appearance and ranks at 9.5 on the Mohs hardness scale. It’s formed from a mineral known as silicon carbide. Moissanite is not as naturally abundant as diamonds.

Henri Moissan discovered Moissanite in 1893 in a meteorite crater. However, such discoveries are increasingly rare, leading laboratories to create the majority of Moissanite that you’ll find today.

What is the Average Moissanite Engagement Ring Cost?

Beyond the differences mentioned above, price is often the most noticeable difference between Moissanite and diamonds. When comparing a natural diamond and a Moissanite diamond with similar characteristics in terms of quality and carat weight, the price difference is evident.

The average cost of a Moissanite engagement ring will vary depending on several factors, including the ring’s size, quality, and design. A Moissanite engagement ring’s cost can range from $500 to $3,000-plus. Rings with smaller Moissanite stones or simpler designs tend to be on the lower end of the price range, while those with larger stones or intricate settings will cost more.

Regardless of size, Moissanites are consistently more affordable than their diamond counterparts. This affordability makes Moissanite an excellent alternative to diamonds. An average two-carat diamond that’s colorless can cost over $20,000. Meanwhile, while Moissanite cost increases with stone size (similar to diamond prices), a two-carat Moissanite costs approximately $2,500.

Beyond the affordability, though, choosing a moissanite engagement ring is ethical. Diamonds, despite their natural beauty, are often associated with human rights concerns. Moissanite, on the other hand, is usually lab-created, reducing environmental impact and ensuring a conflict-free choice.

Factors That Influence Moissanite Cost

When assessing the value of a stone, whether it’s a diamond or a natural Moissanite, a few characteristics play a significant role. Moissanite, just like natural diamonds, is graded based on the 4 C’s: color, cut, carat weight, and clarity. Each factor influences a stone’s price.

• Color: The preferred color for Moissanite, similar to diamonds, is clear. Stones with minimal color are highly valued, while those with hints of yellow gold or green are considered less desirable. Similar to diamond jewelry, Moissanite receives a grade on a color scale.
• Cut: The cut and symmetry of a Moissanite varies, similar to fancy diamonds and other gems. The cut determines the placement and shaping of the stone’s facets.
• Carat Weight: Carat weight refers to the weight of the Moissanite stone and not its size in millimeters. The shape and cut of the stone can significantly impact its perceived size and appearance. Generally, a higher carat weight corresponds to a higher price tag.
• Clarity: Man-made, classic Moissanite boasts excellent clarity. While inclusions may be present, they’re usually not visible to the naked eye.

What are the Different Types of Moissanite?

When browsing Moissanite, you’ll come across various sub-types, each with individual pricing considerations.

Sub-types of moissanite stones include:

• Forever Classic

Forever Classic Moissanites are usually the most affordable Moissanite option. These stones are not entirely colorless, but the right setting can minimize any noticeable color. The Forever Classic moissanite stone designation encompasses various stone sizes, cuts, and shapes.

• Forever Brilliant                                         

Forever Brilliant Moissanites offer a white, yet natural, appearance. If you’re interested in Moissanite engagement rings, Forever Brilliant Moissanite is your best alternative to a classic diamond ring.

• Forever One

The most expensive option, Forever One Moissanites are highly coveted. Colorless, a Forever One Moissanite will boast a strikingly white appearance. These Moissanite stones are often available in limited-carat weights and shapes, but if you’re seeking larger stones, you can find loose stones available.

Protect Your Investment

The average cost of a moissanite engagement ring makes it an appealing option for couples seeking a budget-friendly sparkle. With a remarkable resemblance to diamonds, affordability, and ethical advantages, moissanite stones have gained popularity as a captivating diamond alternative.

Whether you’re looking for a classic solitaire or a more intricate design, moissanite rings are available in various options to suit your style and budget. So, why not embrace the brilliance of moissanite and embark on your journey of love with a stunning and affordable engagement ring?

Once you’re ready to shop for a moissanite ring, it’s important to consider purchasing jewelry insurance to make sure your valuables are covered. At BriteCo, we provide comprehensive and affordable jewelry insurance. Our policies include protection against loss, theft, and damage, anywhere in the world, so you can rest assured that your natural moissanite engagement ring is protected and in good hands.

For more information, get in touch or use our online tool to get a quote.

Suggested Read: Lab Grown vs Natural Diamond Engagement Ring Options

FAQs

Are lab created diamonds and Moissanite the same thing?

No, lab-created diamonds and Moissanite are not the same thing. Lab-created diamonds are grown in a laboratory and have the same chemical composition and physical properties as natural diamonds. Moissanite, on the other hand, is a different gemstone made of silicon carbide with different chemical and physical properties.

What influences the price of a diamond ring?

A diamond’s price varies based on factors such as carat weight, color grade, clarity grade, cut quality, and overall rarity.

Does moissanite lose value over time?

In general, moissanite rings retain their value well and don’t significantly depreciate over time. However, it’s important to note that the resale value of any gemstone may be lower than its original purchase price due to market factors and individual buyer preferences.

Can Moissanite be GIA certified?

Unlike a GIA certified round diamond, Moissanite cannot be directly graded using the diamond color chart. Natural Moissanite is often considered comparable to a GIA-certified K-color diamond in terms of color.

Also Check:

The Ultimate Engagement Ring Buying Guide
How Much Is Engagement Ring Insurance?

Buying Guide:

The Secret to Diamond Buying: Natural vs Lab Grown

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