Engagement style rings
Engagement-style rings are the most difficult to suggest pricing for because there can be so much variation in design. Plus the cost of diamonds and gemstones can often differ by many hundreds or even thousands of dollars depending on the size, number and quality.
When we quote on an engagement ring, we take three things into account:
- Which precious metal you want (gold, platinum or palladium*) and how much is needed to make your ring;
- The cost of the diamonds and/or gemstones you want to go into your design; and
- How much labour will be required to make your ring.
To give you some kind of starting point, the engagement rings you see in this section typically cost somewhere between $2,500 and $7,000. But you could make any one of them cost a lot more by upgrading the quality of the diamonds and gemstones.
Likewise, on some of the rings you could bring the price down a lot by substituting lab-grown diamonds or gemstones, or by using a diamond alternative like moissanite.
How much will the metal and manufacturing cost?
Generally, a simple engagement ring or average size will take around 12 hours to make. And when you add on the cost of the precious metal/s, the approximate manufacturing and metal cost of a simple ring will be as follows:
For 9 carat gold, start at $1,800;
18 carat (white, rose or yellow) gold will start at $2,200; and
Platinum will start at $2,400.
For a more complicated design, add another $750 to $1,500 to allow for extra metal and more labour for things like setting more stones, saw-piercing, carving and engraving.
*A quick note about Palladium: Due to a big increase in demand from the automotive industry, the cost of palladium has surpassed platinum in the past 12 months or so (since 2018). As a result, palladium no longer offers a meaningful saving over platinum. And because platinum is a tougher metal better suited to securing valuable diamonds and gemstones and wears better day to day, we tend not to recommend palladium.
How much should you allow for diamonds and/or gemstones?
Scroll down to check out the budgeting guides for these items.
Examples of simple ring designs
Examples of more complex ring designs
Due to the volatility of the precious metal markets and international exchange rates, all prices are subject to change without notice
You can read more about engagement ring pricing in this blog post.
Wedding and commitment style rings
Simple half round or flat wedding or commitment bands are a lot easier to price, even with minor variations like adding a beaten finish, matte finish or wire-brush finish.
This table should give you a good guide if you know your size. (The size range J to O suits most women. The size range P to X suits most men.)
Plain Handmade Wedding Ring Price Guide
Simple wedding/commitment bands
Fitted wedding/commitment bands
Expect to pay $200 to $350 more than a plain ring for a fitted band. For engraving, fancy shapes and diamond setting please ask for a quote.
Complicated wedding/commitment bands
More elaborate wedding or commitment rings are difficult to price because there are so many variables when it comes to design and the cost of manufacturing and materials.
The rings you see below each cost several thousand dollars, yet could be made more expensive by using higher quality diamonds. Similarly they could be made less expensive by using diamond alternatives or lower cost coloured gemstones.
The best thing to do is ask us for a quote if you have something like one of these in mind.
Looking for more ideas? Check out our gallery to get some inspiration.
Engraving is often a fairly inexpensive way to add a completely unique dimension to your design.
We often suggest it to ‘bling up’ an otherwise fairly plain design and it can often totally transform a ring. Taking it from ordinary to outstanding.
Of course, we also often do simple things like include a personal message on the inside of the ring.
How much does engraving cost?
- Prices start at around $30 for adding the date to the inside of the ring;
- Engraving wedding rings just on the outside face starts from around $175 and varies a lot depending on the complexity of the design;
- To engrave three sides of a ring (outside face and edges), prices start at around $450; and
- Highly detailed and precise micro engraving (done under a microscope) is priced on application.
Within reason, the possibilities are endless …
- words on the inside
- full band engraving