• From Us Prosperity

    Buying a Diamond is Dumb…Here’s Why

    It’s time to come clean. My engagement ring is not a pink diamond. It’s a moissanite stone. It’s been 3 years since I picked it out, and very few people have any idea it isn’t a diamond. But it’s time I get real about it, because it’s not. Also, I love it, and don’t want to keep it a secret anymore!

    Like many women in serious heterosexual relationships that maintain some traditional gender roles, I was very excited about the prospect of getting engaged. We’d talked about it from very early on in our relationship (because I knew he was “the one” early on). As we neared the one year mark, we started hypothetically talking about ring specifics: what size stone I would like, what shape, what type of ring inlay, etc. We even went trying them on once at a jewelry store in the mall. Exciting times, y’all.  We’d talked about the “rules” for a budget: 3 months salary. I knew he was saving up, and I could not wait for my big movie moment with lots of bling.

    One day, while Pinterest-ing (is that a verb? it should be…) my dream ring and subsequent wedding, I came across an article about the terrible investment value of a diamond. As an economist, I had to investigate further. Sure enough, a quick craigslist search turned up tons of engagement rings from engagements that no longer were…umm, engaged, at rock bottom prices. (See what I did there? Rock…)  I found out that diamonds are worse than cars. After you drive them off the lot (take them out of the store), the value plummets.

    Further research turned up lots of info about the violence that surrounds diamond mining, the myth of the conflict-free diamond, and the way diamond inventory is controlled to maintain the rare factor. I was pretty blown away, because this was a big part of something I had been looking forward to for so long.  I was instantly put off from diamonds; not because I wanted to resell my rock for profit, but because I’m not one to throw away money, and we were about to enter into a partnership.

    I went to my man, and we discussed all of the better things we could do with $8,000 (our decided/negotiated budget).  I told him that I wanted to invest in home ownership and that the money (or lack of debt) could go a long way toward that goal. We agreed. It didn’t make sense to throw that type of cash at a shiny rock. But I still wanted one.  Now, if you don’t know me personally: you should know that I am a very determined individual. I was going to find my shiny rock at a price that I liked, and it was going to last.

    So, off to the Google, I went. Pinterest had unveiled the option of rose gold and pink stones to me, and I was in love. I came across Morganite, and it was seriously love at first site. This is what morganite looks like:

    I knew that this color scheme against my warm skin tone would be to die for. I stayed up at night thinking about it. It was amazing. But further research (because I am who I am) revealed that morganite is a soft stone. Since I wanted to wear my bling on the daily, it needed to be able to stand this clumsy mama without losing its shine. Plus, it didn’t really bling the way I wanted it to. I felt I could do better, so I went back to the google.

    Y’all. This was a multi-week process. I am sharing hours upon hours of hard research with you. Because I care (and maybe ad revenue one day). Long story not so short, as I went down the rabbit hole, I discovered moissanite. Here’s some backstory from brilliantearth.com:

    Moissanite is a gemstone born from the stars. It was first discovered in 1893 by a French scientist named Henri Moissan, who later won the Nobel Prize in Chemistry. He discovered microscopic particles of the gem that would eventually bear his name in Arizona, in a crater created by a meteorite that fell to Earth.

    So, that’s dope. It was also described as the most “brilliant gemstone on earth” by http://www.moissanite.com. I was skeptical but excited, so I went over to youtube. There, I found a video of a woman shining her stone in the sunlight. It was amazing y’all. There were threads of folks talking about how their stone was just as shiny as a diamond (if not more). And moissanite is described as being second in hardness only to diamond, which means the only thing that can scratch moissanite is diamond.  It is also way more affordable than diamond, and is sustainably made in a lab, so folks aren’t regularly losing their lives mining it! Moissanite seemed like the perfect stone.

    I could not, however, get the look of morganite out of my head! I’d fallen in love with the subtle “peachy pink” color and had to find a way to have that be a part of my ring (my poor husband had to be tired of hearing about this obsession at this point). I started looking at colored moissanite. I wanted to make sure the color wouldn’t fade, and I just had to find the perfect colored stone.

    When I found it, I felt like I found peace. Look at this video. I knew it was the one. There was no doubt about it. I found a reputable online store, and had them set the “barely pink” stone for me custom. It was slightly terrifying, as my man shelled out a little over $1,000 sight completely unseen. A few weeks passed, he got down on one knee, opened the box, and it was absolute love at first sight. That peaceful love that leaves butterflies in your stomach in the best way. That “I don’t wanna search no more” kinda love. That 90s R&B love. I was not catfished.  OK, so pictures of my actual ring now so you know it’s real:

    This baby sparkles. Don’t let me come under some recessed lighting y’all. After 3 years of wearing my ring daily, it still sparkles after a load of dishes (because that’s the only way it gets clean). It has no scratches or noticeable wear, and I’ll never let my husband spend money on another diamond again. We spent the $7,000 we saved on our wedding and honeymoon (more on that later). And a couple years later, we’re also homeowners!  Moissanite comes in a variety of colors, shapes and sizes. It’s affordable (my personal favorite), durable, and stunning. I get compliments on my ring often, and most assume it’s a pink diamond. I let them. If you’re considering a diamond alternative for your engagement ring, I’d HIGHLY suggest a moissanite. Let me know if you have questions, or if you also have a non-diamond engagement ring in the comments!

     

    For Real,

    Desiree

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    Crystal Collier

    This is very true! I’ve heard this before, and I was actually just watching a video of someone who proposed and she was saying that she had her fiancee’s ring custom made and it was one solid diamond because it was more valuable than blah blah blah LOL. The whole time I’m thinking, yeah, they got you good.

    I saw a ring similar to yours on Etsy and I thought they were gorgeous and affordable. I’m all about spending money on things that matter, so I’d definitely rather spend money on an amazing honeymoon than to spend it on a ring.

    Leslie

    Gorgeous ring. I have been married for almost 19 yrs and wearing a diamond but this is a good idea for a 20th upgrade.

    Kristin

    THIS!!! I am so glad you wrote this! My boyfriend and I have been looking at rings. I’m honestly not a big jewelry person in general and simply want something nice and durable. Will definitely be looking this up!

    Kim

    It is a beautiful ring! I love the color too. I don’t have an engagement ring, I wasn’t really into it for the same reason, but I do have a wedding band.