Published at Wednesday, 25 September 2019. Wedding Ring. By Orson Berthiaume.
What was the average engagement ring and wedding band cost two years ago? $5,200 for an engagement ring and $1,126 for wedding bands for brides – a wedding ring for the groom had an average price tag of just $491. The most popular forms of engagement rings were round (53 percent), princess (30 percent) and made of white gold (73 percent). Of course, it doesn’t take the average groom a couple of hours to find the perfect ring. Instead, it took roughly three months for the man to locate a ring that was just perfect for his bride-to-be.
The retail jewelry business is in a state of flux as the online retailers are making it very hard for the brick and mortar retailers to compete. When the many expenses such as rent, electricity, parking lot maintenance and print advertising as well as staff costs are considered, most of these business owners must be very concerned. The online retailer has the advantage of operating out of a warehouse, doesn’t need a fancy building or a huge parking area to make diamond ring sales. Once the website is set up it is ready to sell 24/7 his marketplace is open worldwide.
The Egyptians wore the wedding ring on the left hand because it was believed that a vein in the left hand went straight to the heart. This tradition is still commonly practiced today in most parts of the world largely for practical purposes (most people are right handed.) It is worn on the fourth finger of the left hand. But there are some countries and groups which do not follow this tradition. In the Jewish faith, the wedding ring is put on the index finger. Roman Catholics traditionally wore their wedding band on the right hand, and in many countries and regions in Europe some people still follow this tradition.
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