So, I lost my engagement ring… 😳
Yup, no joke — my engagement ring is gone. Now my ring finger only sports my silver wedding band, and I have been frantically searching for its diamond-studded partner. But before I get too far into this, let me back up to tell you how this whole situation came about.
Well, prior to packing up the old house, I noticed that the diamond in my engagement ring was coming loose. In order to prevent it from fully slipping out of the prongs, I decided to take off the ring and store it until I had time to get the prongs tightened at the local jewelry shop. Oh, and by “storing it” I mean I put it in a Ziploc bag and tossed it in my purse. Not the most secure or smart method, I know. 🙄 I honestly have no clue what I was thinking, like no clue at all.
After we started settling into the new house, the ring popped into my head one night (you know, those wonderful thoughts at 2am when you’re desperately trying to fall asleep but the long to-do lists and those “what if” scenarios pop in your head!). After worrying about the ring for an hour, I got out of bed and sure enough, as I started to rifle through my purse searching for it, it dawned on me that I could have thrown out my ring! 😫 Since the move was so chaotic, I might have confused the Ziploc bag for trash and tossed it away when cleaning out my purse.
I KNOW — my beautiful ring may be in the garbage somewhere!
Now, I’m not fully certain if this is exactly what happened, but all I know is that I’ve looked everywhere and I can’t find it.😢
My hubby surprised me with how understanding he was about my brain apparently not working properly when I decided to put a diamond ring in a Ziploc bag in MY PURSE. 😮 He’s really pushed me to begin the process of looking for a new ring, though I’m really trying to not go overboard with the cost.
Here are some of the ways I’m taking a budget-friendly approach as I go on the search for my new engagement ring:
Browse Etsy for one-of-a-kind designs.
Beautiful, stunning, and one-of-a-kind ring options await on the handcrafted marketplace Etsy! I love knowing that my ring will come from an artisan rather than a major retailer. I think it makes the ring that much more sentimental. But more importantly, I can find ones well within my budget since the ring comes straight from the source, rather than following the traditional route of the supplier to manufacturer to the jewelry store to the buyer.
Check out pawn shops for steep discounts.
Searching through a selection of pre-owned rings not only means a less expensive price tag, but I may also come across some antique finds, making my engagement ring a statement piece of jewelry. Every ring that is pawned OR sold to the pawn shop has to be tested to make sure they are made with real gold and real diamonds so they use a diamond tester and acid to ensure authenticity!
Purchase a non-traditional stone for a unique touch.
Who says my engagement ring has to have a diamond? There are some gorgeous stone options that are just as beautiful and cost way less, like moissanite or sapphire. Plus, it’ll be a unique style that better represents the relationship between my fun-loving hubby and me!
If you really don’t mind what the stone is made of, go with cubic zirconia. These “stones” appear in many sizing and display rings and often shine brighter than diamonds!
Stop at the jewelry counter at Wholesale Clubs.
Guys, I’m serious! Next time I’m in Costco or Sam’s Club, you can bet I’m stopping by the jewelry counter. I’ve heard their selection is just as impressive as the prices. Plus, I’ll be able to stock up on all my keto favorites in the meantime!
Get practical with ring materials for versatility.
Silicone rings are not only super budget-friendly, but they’re also crazy durable. I won’t have to worry about ever having to take it off before I sleep, clean, or workout — I can keep it on forever. But should I ever lose it, it’s an easy, wallet-friendly replacement that I won’t lose sleep over.
If you lead an active lifestyle and/or do manual labor work such as – construction, military duties, renovation, painting and more, I’ve heard that these silicone wedding bands are awesome in replacing your formal wedding band to keep it safe from being scratched or damaged. In addition, these silicone bands help to protect finger injuries that can happen with traditional rings.
They even make wooden rings, too! I think that would make for a cool statement piece of jewelry —plus it’s eco-friendly!
Look at outlet stores for savings on popular styles.
I’m lucky to have a jewelry outlet store nearby, so I plan on popping in to see what they have in store. I won’t have the unique assortment to choose from as I would with the other retailers, but I’m not above purchasing an overstocked ring if the price is right!
Attend estate auctions for rare and vintage rings.
Similar to pawn shops, these are second-hand rings, though there’s a good chance the design and style could be rare or no longer produced. Since they’re sold at auction, I could potentially get a ring for an insanely low steal as well. Who knows what other rare assets I could find myself bidding on!
Travel out-of-state if you pay sales tax where you live.
Americans on average spend $6,531 on an engagement ring — quite the sticker shock! 😱 So based off of that price, there’s potential to save hundreds by traveling out of state to another area that doesn’t charge sales tax. This is something to consider since Nevada (where I live now), unfortunately, has a sales tax rate of 6.85%… BUT Oregon (which is close by) has NO sales tax!
Be sure to get your ring insured!
Better safe than sorry, right? While I did have a warranty on my ring, loss, theft, and damage outside of normal wear and tear aren’t covered. This helpful post by The Knot outlines all the basics of purchasing insurance for engagement and wedding rings.
Do you have any tips for me? Have you purchased a lower cost ring? 💍
Let me know in the comments! I’ll also keep you all posted on my search for my old and my new engagement ring…