Published at Wednesday, 25 September 2019. Wedding Ring. By Paulette Royer.
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.
Another important statistic is that even in this economy the groom hasn’t downsized the ring. In fact, only 14 percent of grooms admitted that they purchased an inferior ring due to the negative economic climate – about one-quarter of grooms said they spent more than they originally budgeted for. It is true that white gold is still as popular as ever, but a significant number of couples are studying alternative metals. For instance, in 2011, more than one-quarter (27 percent) of grooms opted for tungsten and 16 percent decided to buy a titanium ring.
Due to the belief that a diamond engagement ring was a calming agent between man and wife, it was recommended as the stone to be set in wedding or engagement rings – not because of its beauty. It was described by Isidore of Seville as a small stone devoid of beauty. When you see a rough diamond, it could be easily mistaken for a piece of sea glass that has been roughened up by the waves on a beach for years.
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