Hover or tap a card for the year-by-year numbers. 2026 figures cover January through June (marked * on charts).
Every dollar figure in this report is one of two measurements: sales price and appraised value (replacement value). Sales price is an estimate of what a piece sold for, based on recorded sales matched by characteristics such as year, category, diamond origin, and watch brand. Appraised value is the insurance replacement value, which is how jewelry appraisals work. The appraiser sets the cost of replacing the piece at retail, and that figure is separate from the purchase price, resale value, or cash value.
Appraised value typically exceeds the sales price because it reflects the retail cost of replacing the item, not the amount originally paid. The two can differ by thousands of dollars, and every comparison depends on which measure a chart uses: replacement cost vs. sales price. Each chart states its measurement directly under its title.
Our estimate of what a piece actually sold for is grounded in thousands of real jewelry sales prices recorded alongside appraisals in the same year, jewelry category, and diamond origin (and brand, for watches). This is the number that reflects the typical jewelry purchase price, what people actually pay.
The appraised value (or the insurance replacement value) is the amount a professional appraiser or jeweler estimates it would cost to replace an item at retail value. The jewelry appraisal value is typically higher than the sales price to account for inflation, sales tax, or discounts provided at the time of sale.
The appraised value vs. purchase price gap shows how replacement cost and market price move differently. Lab-grown diamonds are the clearest example, where market prices fell far faster than replacement values.
In 2025, engagement rings had a median sales price of $6,939 and a median appraised value of $9,676, the headline numbers of BriteCo’s engagement ring market report. Natural diamond engagement rings had a median sales price of $12,961 in 2025, while lab-grown rings had a median sales price of $4,557.
Several changes moved together over these years: lab-grown engagement ring adoption kept climbing, lab-grown prices kept falling, center stones got larger, shapes and styles shifted, metal preferences moved, and proposals remained seasonal. The changes occurred alongside one another, and the market is changing in product mix as well as in overall price.
BriteCo data shows that from January through June 2026, lab-grown diamonds appeared in 51% of newly appraised engagement rings. The most popular stone shape for engagement rings in 2025 was the round cut, followed by the oval cut, and solitaires led the setting styles. Yellow gold remained the most common engagement ring metal at 37%, with white gold at 35%. The median engagement ring diamond size reached 2.0 carats in 2025, up from 1.01 carats in 2019.
Engagement ring seasonality is steady in the complete-year data. December is the peak month for new engagement rings, accounting for 10.4% of the year's rings, while February is the quietest, at 6.5%. The monthly pattern holds from year to year, tracked in the seasonality chart below.
The median engagement ring sales price was $6,939 in 2025. The median appraised value, the engagement ring replacement value used for insurance, was $9,676. Appraised values run higher than sales prices by design.
The median natural diamond ring cost $12,961 in 2025, while the median lab-grown diamond ring cost $4,557.
Lab-grown engagement ring popularity climbed from 6% of new rings in 2019 to 51% so far in 2026. The dotted line extends the current trend.
Natural diamond price per carat held near $8,428 in 2025. Lab-grown diamond price per carat fell to $2,057, 55% below its 2019 level.
Comparing stones of the same size removes the effect of growing stone sizes, giving the cleanest view of diamond cost by carat size for natural and lab-grown diamonds.
Engagement ring carat size keeps climbing. The median center stone grew from 1.01ct in 2019 to 2.0ct in 2025, and lab-grown prices fell over the same period.
Round remains the most popular engagement ring shape, with oval the clear runner-up among diamond shapes.
Diamond shape trends since 2019, where oval keeps gaining on round.
Engagement ring size trends by year: the share of rings at each diamond carat size band. Bigger stones keep taking a larger slice of the market.
The most popular engagement ring settings and styles, from solitaires to halos.
The share of each year's engagement rings appraised in each calendar month, 2019 to 2025. December is the peak of engagement season.
Engagement ring metal trends in one chart: white gold and yellow gold dominate the settings. Platinum grew from 14% of settings in 2019 to 21% in 2025.
Lab-grown color grades have moved upward over time. Buyers get higher color grades than in 2019.
How natural diamond color grades break down each year.
Lab-grown clarity grades have moved upward over time. Buyers get higher clarity grades than in 2019.
How natural diamond clarity grades break down each year.
Lab-grown diamond adoption is expanding beyond engagement rings to earrings, wedding bands, necklaces, pendants, and other ring types. As lab diamond demand expands across all jewelry categories, prices have moved in the opposite direction. In 2025, the median natural diamond price per carat for engagement rings was $8,428, compared with $2,057 for lab-grown diamonds. The charts below track natural diamond market trends and lab-grown diamond price trends separately.
Lab-grown diamond demand has risen fastest in earrings, which went from 6% lab-grown in 2019 to 39% in 2025. This comparison goes by several names, including lab-created vs. mined diamonds, but every version shows the same two moves in the data: adoption up and prices down.
Lab-grown diamond market share across every diamond jewelry category reached 47% of new appraisals so far in 2026. The dotted line extends the current trend.
Engagement rings lead lab-grown adoption. The rest of the jewelry box follows the same lab-grown diamond jewelry trends a few years behind.
BriteCo data reports gemstone jewelry market and colored diamond market trends. Fancy colored diamonds and colored gemstones are two distinct product groups and not interchangeable. Fancy colored diamonds are natural-color diamonds, featuring colors like yellow, pink, blue, black, brown, and green. Yellow is our data’s leader in the fancy-colored diamond category, though the data can fluctuate year to year. Natural colored diamonds receive two additional grading parameters: naming the exact hue and grading the stone’s color intensity.
Colored gemstones cover the stones in the BriteCo data that are not diamonds, such as sapphire, emerald, ruby, and aquamarine. Moissanite is counted in this group too. It is a colorless diamond alternative rather than a colored stone, but it is not a diamond, so it appears here. In the gemstone jewelry market the BriteCo data covers, sapphire is the most common stone, and moissanite grew from 6% of the group in 2019 to 11% in 2025.
Colored diamond market share stays small and steady: fancy colored diamonds (most often yellow, black, and blue) hold a thin slice of diamond pieces.
Yellow leads the popular colored diamonds by a wide margin. All years combined, 2019 to June 2026.
Colored diamond trends, year over year, showing how the fancy color mix shifts.
Diamond color intensity is one of the fancy diamond color grades. It describes how strong the color is, from faint to vivid. All years combined, 2019 to June 2026.
The most popular gemstones among all the types of gemstones in colored gemstone jewelry, all years combined, 2019 to June 2026. Sapphire is the perennial favorite.
Gemstone trends, year over year: sapphire jewelry trends lead the mix, with moissanite and emerald behind.
This section compares fine jewelry market trends across the major categories outside the engagement ring market. It covers anniversary bands, bracelets, earrings, eternity bands, necklaces, other rings, pendants, and wedding bands. It tracks the same measurements for each category, from sales price and appraised value to lab-grown adoption, center-stone size, metal preference, and seasonality.
Each category holds very different products. Earrings range from hoops to diamond stud earrings, bracelets include tennis bracelets, and the rings outside the engagement category span diamond eternity bands, anniversary rings, and fashion rings. Necklaces run from plain chains to diamond necklaces, and pendants are their own category, led by diamond pendants. Because the products differ this much, a higher median reflects the pieces appraised in a category rather than a ranking of retail value.
Here are some of our data highlights. Wedding bands had the highest median sales price of these categories in 2025, at $7,252, while pendants ran $3,767. Wedding bands also posted the largest sales price increase of the group, with the median up from $4,297 in 2019. Lastly, our full-year data reveal seasonal insights, such as December being the strongest month for jewelry shopping and gift-giving.
Jewelry price trends by category: median fine jewelry prices by year for the biggest categories beyond the engagement ring. Wedding bands led at $7,252 in 2025.
Lab-grown diamond adoption by category: the share of each category's new diamond appraisals with a lab-grown center stone. Engagement rings adopted fastest, reaching 47% in 2025.
Gold vs. platinum jewelry by category in 2025, with all the types of jewelry metals between them.
The median center-stone size of diamond-set pieces in each category. Engagement rings top the list at 2.00 carats.
Jewelry shopping seasonality by category, showing the share of each category's appraisals in each calendar month across complete years 2019 to 2025. Most gift categories peak in December.
The most popular jewelry types, year over year: each category's share of all jewelry appraisals.
This section tracks metals across all jewelry categories in the report, including the three gold colors, platinum, other metals (e.g., tungsten and silver), and stamped purity grades. In 2025, yellow gold made a comeback, representing 39% of jewelry pieces and narrowly exceeding white gold at 38%. Rose gold held 3.3% of settings. Platinum grew from 11% of settings in 2019 to 16% in 2025, the largest move this data shows in the platinum jewelry market.
The charts below track two separate measurements of jewelry metal popularity. Our report shows gold color trends by year, based on the overall popularity of yellow, white, and rose gold. The metal purity chart not only shows overall popularity but also breaks down each metal's purity. Metal purity refers to the chemical composition of an alloy; 24K gold is the purest but softest, so most jewelry uses gold alloys for strength, which lowers the purity. BriteCo data shows that the 14K vs. 18K gold split accounts for most of the graded fine jewelry, with 10K gold and platinum pieces following. The purity chart covers only pieces with a recorded grade, which is a smaller group than the other metal charts.
Gold jewelry trends lead the story. Yellow gold led all jewelry in 2025 at 39%, with white gold at 38%. Shares are of all jewelry pieces.
Gold purity, year by year. 14K led at 62% in 2025. Not every piece has a purity grade recorded, so shares on this chart are of graded pieces only, a smaller group than the metal charts. That's why platinum shows up slightly higher here than on the charts above: in 2025 it was 17% of graded pieces but 16% of all settings.
Gold color trends for white gold vs. yellow gold, with rose gold behind, as shares of all jewelry settings. The yellow gold comeback has been one of the steadier shifts in fine jewelry.
Platinum jewelry trends in one line: its share of all jewelry settings, from the metal chart above.
BriteCo data reveals consumer trends in collectible watch values, purchases, and luxury watch prices. The watch market report charts below cover brand distribution, brand-level prices, movement type, case material, and watch complications. The median watch sales price was $8,442 in 2025, against a median appraised value of $11,000. The gap between those two measurements depends heavily on the watch brand.
Across BriteCo data from 2019 through June 2026, Rolex watches had a median sales price of $10,081 and a median appraised value of $13,900. It's a pattern among collector watch brands such as Patek Philippe, Audemars Piguet, and Rolex — they sell well below their replacement value. However, mainstream brands such as Omega, Cartier, and TAG Heuer sell close to their replacement values. Rolex is the most appraised brand in this watch market report, though brand frequency reflects BriteCo data rather than worldwide luxury-watch industry trends or market share.
The median watch had a sales price of $8,442 in 2025. The dashed line is watch appraisal value, the watch replacement value used for insurance.
Rolex leads the luxury watch brands in appraisal volume by a wide margin. All years combined, 2019 to June 2026.
Luxury watch prices by brand: collector brands like Audemars Piguet and Patek Philippe sell well below their replacement value. Compare with the appraised values beside this chart. Medians cover all appraisals, 2019 to June 2026.
Watch valuation by brand, insurance style: the replacement value for the same brands, in the same order. Medians cover all appraisals, 2019 to June 2026.
Median sales price by year for the most collected brands, where Rolex price trends set the pace alongside Patek Philippe price trends.
Median sales price by year for the biggest mainstream brands, tracking Omega watch price trends and Cartier watch price trends side by side.
The most popular watch brands, year over year: how the appraisal mix shifts.
How appraised watches split by movement each year, across the automatic vs. quartz watch divide. Automatic and manual winds are both mechanical watch movement types.
The case materials appraised watches are made of. All years combined, 2019 to June 2026.
Watch material trends: how case choices shift year over year.
The complication features most often present on appraised watches. Date leads. All years combined, 2019 to June 2026.
The most popular watch features, year over year: how the complication mix shifts.
This section maps two regional jewelry trends: engagement ring prices and lab-grown diamond adoption by state. Both maps cover January 2025 through June 2026 across all 50 states and Washington, DC. A state can run high on one map and low on the other. These results describe patterns within BriteCo appraisal records and do not explain why states differ or represent every jewelry transaction in each state. The first map shows the share of diamond jewelry appraised with a lab-grown center stone per state, while the second shows the median engagement ring sales price by state.
Lab-grown diamond adoption by state, measured as the share of diamond jewelry appraised with a lab-grown center stone from January 2025 to June 2026, across all 50 states and Washington, DC. The window is recent on purpose. Lab-grown adoption has climbed steeply since 2019, so a recent window shows where each state stands today rather than a multi-year average. Regional preferences for lab-grown diamonds run wide. Minnesota leads at 84.7%, and North Dakota follows at 66.9%, while Wyoming (27.5%), Mississippi (30.9%), and Florida (31.9%) sit at the other end of the range.
Engagement ring prices by state, January 2025 to June 2026, across all 50 states and Washington, DC. Regional engagement ring spending stretches from medians of $12,613 in New York, $9,801 in New Jersey, and $9,306 in Florida down to $3,856 in Vermont, $4,248 in Minnesota, and $4,251 in Iowa. This map and the adoption map measure different things. A state's diamond-origin mix does not, by itself, determine its median, since product mix, center-stone size, materials, and record composition also shape the number.
Trends should not be seen as predictions — years marked †are trend extensions rather than observed values. The charts below use actual BriteCo data to examine the current jewelry market outlook across four trends: natural and lab-grown diamond engagement ring sales price trends; the lab-grown share of new engagement rings; median center stone size by carat weight; and the price-per-carat gap between natural and lab-grown diamonds. The latest observed 2026 points cover January through June.
Engagement ring price trends, extended at their recent pace. The dotted lines extend the current pattern; they aren't a prediction.
Lab-grown already makes up 51% of new engagement rings so far in 2026. The dotted lines extend the recent pace of lab-grown diamond growth.
Diamond size trends, extended: the median center stone went from 1.01ct in 2019 to 2.0ct in 2025. The dotted line extends that pace.
Diamond price trends per carat: the gap between natural and lab-grown keeps widening on the current trend.
Based on BriteCo data, engagement rings had a median sales price of $6,939 in 2025. The median appraised value, or the insurance replacement value, was $9,676. These figures offer a useful benchmark for how much to spend on an engagement ring.
In 2025, BriteCo data shows that natural diamond engagement rings had a median sales price of $12,961, versus $4,557 for lab-grown rings. Both figures are sales prices, and the gap is one of the clearest distinctions when comparing natural vs. lab-grown diamonds in engagement rings.
So far in 2026, 51% of newly appraised engagement rings have a lab-grown center stone, up from 6% in 2019, according to BriteCo data. That increase reflects the broader shift in lab-grown vs. natural diamond engagement ring trends.
Appraised value is the insurance replacement value, meaning what it would cost to replace the piece at retail today. It's not what the buyer paid, and it typically runs above the purchase price. Sales price is what pieces actually sold for, based on thousands of real sales recorded alongside appraisals. A ring appraisal vs. purchase price comparison can show two different values for the same piece.
BriteCo data in 2025 revealed that, for engagement rings, the median lab diamond price per carat was $2,057, compared with $8,428 for natural diamonds. The diamond price per carat comparison provides a useful benchmark for consumers across lab-grown and natural stones.
The round-cut diamond engagement ring remains the most common shape choice. According to BriteCo data, 35% of engagement rings in 2025 were round-cut, with oval as the most popular alternative.
Yellow gold ranks first as the most popular engagement ring metal, at 37% of engagement rings in 2025, per BriteCo data.
Per BriteCo data, Rolex brand watches had a median sales price of $10,081 from 2019 to June 2026, meaning what buyers typically paid. The median Rolex appraisal value, the value used for insurance replacement, was $13,900. These figures add useful context to the question of how well Rolex watches hold their value over time.
Yes, BriteCo data shows that the median engagement ring center stone diamond size grew from 1.01 ct in 2019 to 2.0 ct in 2025, alongside a decline in lab-grown prices. This increase shows how the median carat size of an engagement ring has shifted over time.