When you’re thinking about getting engaged, you naturally want your significant other to have the best ring you can offer them. Harry Winston is a notable jeweler with dozens of gorgeous engagement ring choices. However, is the hefty price tag worth the dazzling diamond?
Harry Winston diamonds are quite famous, and most people who have the budget for them would say they are more than worth it. Each piece of jewelry is exquisite, unique, and high-quality. The only downer for most customers is the price, which can be as little as $1,500 or as much as $200,000.
Trying to decide if Harry Winston is your guy? Read on to learn some special features of the Harry Winston brands, as well as competitor ring prices and the pros and cons of owning a Harry Winston ring.
Harry Winston began his business back in 1920 and opened his own store in New York in 1932, though not before his father did the same thing a few years previously after emigrating from Ukraine. Winston gained his reputation by being a fantastic craftsman. His line of products is known now for its beautiful and unique stone cuts and ring and necklace designs. Harry Winston is possibly best known for his possession of the Hope Diamond, which he later donated to the Smithsonian.
How Much Does a Harry Winston Engagement Ring Cost?
As mentioned above, Harry Winston jewelry most definitely does not come cheap. There is no limit to the imagination of the designers at Harry Winston, and as such, they charge sky-high prices for their unique and valuable pieces. They offer round brilliant-cut, cushion-cut, square emerald-cut, pear-shaped, radiant-cut, oval-shaped, marquise, and heart-shaped diamonds. Each of these comes with a different price range and carat amount.
The least expensive rings you will find at HW range from $1,500 to $2,000. Rings have a fairly large price range that will be able to fit a few different budgets. The most expensive rings at HW can even be as expensive as $2,000,000 (one such ring was purchased for $2,600,000 in 1968). The average cost for a Harry Winston engagement ring is around $10,000 to $15,000.
So as we see, the good news about shopping at Harry Winston is you will have not only a variety of rings, but a great variety of prices as well.
Pros and Cons of Harry Winston Engagement Rings
There are plenty of benefits and drawbacks to shopping at Harry Winston, and luckily, the pros outweigh the cons (depending on your perspective). Here are a few you should know about:
Obviously, the gorgeous diamonds and stones are the biggest reason anybody would want to shop at Harry Winston’s. The designs are all custom and unique, and they spare no expense to make their rings beautiful. Each ring is crafted by an artisan, usually an exclusive, long-time employee. They combine exquisite hand design with high-tech manufacturing to ensure that every piece they create is elegant and gorgeous.
Another benefit is the price range. While this is most often viewed as a downside to shopping at HW, the fact of the matter is that there is a huge range of prices and types of rings that will accommodate many different tastes and budgets. It is a high-end jeweler to be sure, but Harry Winston has no limit when it comes to creativity.
Another perk is the service. Because of how high-quality the company is, they are good to their customers. Harry Winston offers many services and packages. For example, each ring is accompanied by its own gemological report from the Gemological Institute of America (GIA). Additionally, if you are willing to make an appointment ahead of time, staff members will make a selection of rings tailored to your preferences. This will greatly enhance your shopping experience and help you to get a good idea of what you need/want.
Really, one of the only cons to doing your shopping at Harry Winston’s is the price. Even though their cheapest rings can be as low as in the one thousand range, that is often far too expensive for some people. Truth be told, beauty is in the eye (and in this case the wallet) of the beholder. Whatever you buy is only worth whatever you are willing to pay for it. All Harry Winston rings are beautiful, but that is not to say that equally beautiful rings cannot be bought elsewhere.
Additionally, there are only 20 Harry Winston stores (or salons) in the world. If you do not live in a big city, chances are that you will have a bit of difficulty finding a store to do your shopping at. This adds to the exclusivity of the shop and may increase the difficulty of your ring search.
Is Harry Winston More Expensive than Tiffany/ Cartier?
As far as competitors are concerned, Tiffany and Cartier are probably two of Harry Winston’s largest. As far as price is concerned, Tiffany and Cartier are fairly similar to Harry Winston, though perhaps somewhat cheaper in certain areas (Harry Winston’s price premium is significantly higher than both Tiffany and Cartier).
Tiffany’s prices have a range from $1,100 to $45,000 as far as engagement rings are concerned. Cartier is fairly similar with prices ranging from $1,500 to $84,000 or more.
As far as which jewelry store is preferable, that is a matter of opinion. Harry Winston, Tiffany, and Cartier are all high-end stores with generally excellent customer service and a huge variety of products. Harry Winston could be considered a bit more exclusive than the other two.
While there are only 20 or so Harry Winston stores, there are somewhere around 326 Tiffany stores and over 200 Cartier stores. This being the case, Tiffany and Cartier are much easier to shop at because they are both quite a bit more accessible than Harry Winston.
At the end of the day, it is really up to you whether a Harry Winston engagement ring is worth it. If you have the budget for it, you might as well! Those rings are one-of-a-kind and beautiful, and if your goal is to turn heads, you can easily accomplish that with a Harry Winston ring. If you need something a tad cheaper, it’s okay to look elsewhere too!