Tiffany & Co is one of the top sources for wedding bands and engagement rings. They are well known in the jewelry world, and anyone who has shopped for a ring has probably heard of them.
They have pretty expensive prices, so are their engagement rings worth the price?
Tiffany & Co’s name carries weight because they make high-quality rings that are worth the cost. Tiffany engagement rings differ in price based on their clarity and design. Their rings range in price from as low as $1500 to $10,000 and beyond. Their rings are handpicked and are well taken care of.
Tiffany & Co hires only the best people to work in their mines and to inspect their diamonds.
They are very conscious about the legacy they uphold and try to be worthy of it through the creation of masterful jewelry pieces.
Tiffany & Co is instantly recognized all across the globe and has many great perks if you buy their rings.
How Much Does a Tiffany Engagement Ring Cost?
The price of a TIffany engagement ring depends on the design you choose, the cut & clarity of the diamond, and the metal used in the band.
Each diamond comes with a different price tag, as does each metal band.
In this sense, there is no set price, but price estimates that may help you see what the kind of ring you want would cost.
As mentioned before, the store claimed that they have rings as low as $1,000 up to high-quality designer rings that are well into 6 figures and beyond.
|Diamond Carat||Price per Carat||Total Price|
|0.5 Carat||$1,100 to $7,700||Up to $3,800|
|1 Carat||$1,900 to $15,700||$1,900 to $15,700|
|3 Carat||$6,200 to $50,000||$18,500 to $150,000|
|5 Carat||$8,500 to $70,000||$42,200 to $351,500|
Because of the brand name and product quality, even basic one-carat diamond rings can cost anywhere from $9,500 to $35,000.
Some of their most basic rings will still be around $10,000, dollars while some of their well-known rings cost millions.
In 2019 they came out with the Tiffany Anniversary Diamond Ring, which was advertised as the most expensive ring in the world. It cost about 10 million dollars.
A few examples of the costs of these rings are listed below.
These are some of the most popular and least expensive rings:
- Soleste Pear Shape Yellow Diamond & Platinum Engagement Ring – $7,400
- Emerald-Cut Diamond Engagement Ring in Platinum – $10,000
- Novo Emerald Cut Engagement Ring with Pave-Set Diamond Band in Platinum – $11,500
- The Tiffany Setting Engagement Ring in 18k Rose Gold or 18k Yellow Gold – $12,400
- Harmony Round Brillant Engagement Ring in 18k Rose Gold – $12,400
Do Tiffany Engagement Rings Increase in Value?
Tiffany & Co have created rings out of some of the best material, and even their motto screams of their timeless pieces of jewelry.
While claiming to be timeless, what does that mean for the resale of their jewelry?
Over time, just like most jewelry, these rings will go down in value.
But Tiffany branded rings are still worth a lot of money even if they’re used.
While they are great rings made of phenomenal quality, over time they will not be worth the same as what you paid for them.
Although the price of their used rings is still pretty expensive, they will not reach or go beyond the original sale price.
What Is So Special about a Tiffany Engagement Ring?
Tiffany & Co. has been in existence since 1837. They sell luxury jewelry and pride themselves in their expert craftsmanship.
They mine their diamonds in Diavik Mine, which is located in Canada.
They are headquartered in New York City and have great luxury rings that come with a price.
Each of their rings comes in a pleasing blue box with the inscription Tiffany & Co.
The color has now become known as Tiffany Blue and was trademarked by the company in 1998. Since their beginning, they have had a great legacy.
There are quite a few special things about Tiffany engagement rings. They are well known for their craftsmanship, their gemstones, and their reputation.
As a matter of fact, most Tiffany engagement rings go through an entire year’s worth of work and inspection before they are even put on the market.
The company has very high criteria that all of its stones and rings must meet in order to be sold.
Their expert craftsmanship comes from over 1,500 expert diamond cutters that they employ.
Not only do they hire the best, but they require them to go through training and many levels of hierarchy before they are able to be of the most help.
The gemstones that come with Tiffany rings are also inspected to the very last detail.
Not only are they judged on the 4 Cs: Clarity, Cut, Color, and Carat weight, but they are also certified gemstones.
Each Tiffany stone has either a TIffany Diamond Certificate or a GIA (Gemological Institute of America) Certificate.
All of these are reasons that TIffany has become so special and is worth the cost.
Their reputation proceeds them. They have been well known for so many years and have kept up their quality to continue to gain respect.
When you buy a Tiffany & Co ring, you are not just buying the ring and the stone, but you are buying the TIffany name.
In conclusion, each Tiffany engagement ring is hand-crafted to be worth the high price tag, but that does not mean it is right for your situation.
Whether a Tiffany engagement ring is worth it to you is based on your ability to pay the amount without going broke or into debt.
While a ring is important and you want the best, you may not want it to throw you into poverty.
Knowing whether or not the ring is worth it is a personal decision that can be based on all the facts and statistics we have mentioned, as well as your personal situation and budget.
Their quality, their name, and their reputation are all factored into their individual value to you, but in the end, it is determined by you.
Tiffany will continue to make high-class luxurious rings that are timeless.