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Q&A: Choosing a Cushion Cut Diamond for a Halo Setting With Up To $7,000 Budget

By Mike Fried,

Hello, Thanks for the offer to help people research diamonds. I am in the early stages of engagement ring shopping… The overall budget I would like to keep around $9k to $10k (estimating $3k for the ring/setting and $6k or $7k for the center stone). She wants a cushion cut with a single halo. I am only considering lab grown diamonds to steer clear of any possibility of blood diamonds, and to save a little cash. Suggestions? 

Honestly, I think lab created diamonds are a waste of money. Don’t get me wrong, I don’t think you should be investing in diamonds, nor will I try to rave about how amazing they are. The creator of this site (my partner) wrote a great article about this: http://www.huffingtonpost.com/ira-weissman/7-reasons-why-you-shouldn_b_1720870.html

The problem with lab created diamonds is they are way too expensive. Keep in mind that they don’t have legitimate certification (GIA/AGS). At best they have IGI certificates which inflate the color/clarity grades by one (average). So the prices are almost even with that of natural diamonds (I have never seen one that was more than 5% cheaper than a comparable natural diamond).

While we don’t think diamonds are a good investment, you shouldn’t ignore the value entirely. If a natural diamond loses 50% of the value when you buy it, a lab made diamond loses 90%. So it makes no sense to buy them given the fact they are the same price.

Have a look at this diamond:

www.jamesallen.com/loose-diamonds/cushion-cut/1.24-carat-h-color-vs1-clarity-sku-2116829?a_aid=dmnd1357

It’s very well cut, eye-clean and going to look colorless in a halo setting.

Let me know what you think. 

Thanks for the email. I’ve been shopping around all week… at local jewelers and online, and I sort of adjusted what I’m looking for. For the center stone I am looking at around $5000 price, cushion cut, eye-clean, with as much brilliance and fire as possible, that looks as large as possible (length x width dimensions). So far the one from Blue Nile below seems to be the best value. What do you think, I can see the clouding slightly on the magnified picture, but it should be eye clean unmagnified right? I am also looking at a few others. Please let me know your opinion on what you think would be best based on the specifics I mentioned earlier. Also, I read online that for cushion cut diamonds an “excellent” table and depth percentage would be between 61 and 67, and that a table percentage on the low end means more fire (while on the high end means more brilliance)… is that accurate? Thanks!

https://www.bluenile.com/diamond-details/LD11467969

The inclusions on the last one I sent you makes me skeptical about the stone…. what do you think about the one below? This stone from Blue Nile seems to be a really good deal.

https://www.bluenile.com/diamond-details/LD09337168

To be honest, I’m also slightly concerned about the inclusions on the 1.21 diamond and I wanted to send you the exact same diamond you sent afterwards as my suggestion.

This diamond is very well cut, eye-clean and it’s going to look colorless. I strongly recommend the 1.10 carat diamond over the other.

Let me know what you decide. 

Cool, I just ordered the 1.10 one last night with this same email address. 

As far as I know, they don’t offer any discounts on their diamonds.

Let me know how you like the stone once it arrives. 

James Allen James Allen is the leader in online diamond sales. Their imaging technology is the same as inspecting a diamond with a jeweler's loupe. They have the largest exclusive loose diamond inventory online and fantastic prices. They also have the nicest collection of lab-created diamonds online. They currently run a 10% discount on selected lab-grown diamonds!
What we love about them:
  • No questions asked returns within 30 days of shipment. James Allen will send you a paid shipping label to return the ring.
  • Lifetime Warranty
  • Free International Shipping
  • Free prong tightening, repolishing, rhodium plating and cleaning every 6 months
  • Provide insurance appraisals
  • One free resizing within 60 days of purchase
  • Free ring inscriptions
  • Best-in-class high quality imagery of all diamonds in stock
  • 24/7 Customer Service
  • Best-in-class packaging
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Blue Nile Blue Nile is the largest and most well-known internet jewelry seller. They have a very large exclusive online inventory. Their high-quality images are catching up to James Allens' and their prices are amazing. Right now, Blue Nile offers up to 50% savings on selected jewelry during a limited-time season sale.
What we love about them:
  • No questions asked returns within 30 days of shipment. Blue Nile will send you a paid shipping label to return the ring.
  • Lifetime Warranty
  • Free Shipping
  • Free prong tightening, repolishing, rhodium plating and cleaning every 6 months
  • Provide insurance appraisal
  • One free resizing within the first year of purchase
  • High quality images of about half of their diamonds
  • 24/7 Customer Service
  • 100% credit towards future upgrades (must be at least double in value)
  • Best in class fulfillment
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