What the average size of a diamond on an engagement ring is and how you can save money
Many of my readers write me messages and ask me what the average size of a diamond on an engagement ring is. My answer is always the same: it is not only the carat number that matters, but the overall idea of the ring. Let me explain to you what I mean by this and what tips you should follow.
What does carat mean and why is it important?
The four most important criteria when buying a diamond are known as 4 C’s and describe the color, cut, clarity and carat. Carat in turn describes the weight of the diamond, which is closely related to its size. 1.0 carat corresponds to 200 grams, accordingly, 0.5 carat is a diamond weighing 100 grams. The price of a diamond does not increase linearly with carat, but exponentially, since heavy diamonds are rare and very difficult to find. Therefore, it is important to know that with a little research and effort in finding the ring, you can save a lot of money. Follow my advice, read diamondatwork.com and you will save heaps of money.
Average Diamond Size in Europe
Before I elaborate further on why carat should not be the only criterion for your purchase, I would like to answer your question and tell you what the average diamond size of engagement rings in Europe is. Even though it varies from country to country, it is possible to calculate a total European average diamond size from 0.6 to 0.9. In the UK the average is slightly higher, as is the case in France. This can be explained on the one hand by the fact that there is a lot of emphasis on jewelry there and on the other hand by the fact that these countries are rich industrial nations where the purchasing power is strong enough and heavy diamonds are also bought. This effect is particularly strong in Greece, where the average diamond size for engagement rings has fallen from 0.7 to 0.4 since the Great Depression, putting Greece at the lower end of the European scale. Now that you have an overview of the average size of diamonds in Europe, let me explain what else matters in the selection process.