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Gone are the days when engagement rings were a one-size-fits-all affair! Today's couples are increasingly seeking alternatives that reflect their values and personalities.
While diamonds have held a long-standing tradition, there's a growing desire for ethically sourced stones that still deliver that undeniable sparkle and romance.
With its stunning brilliance and affordability, it’s no wonder that more and more couples are opting for a moissanite engagement ring. This dazzling gemstone is becoming an increasingly popular choice, with a 2023 survey by The Knot revealing that 46% of engagement rings now feature lab-grown gemstones like moissanite.
This guide shares everything you need to know about moissanite engagement rings, helping you decide if this stone could be the perfect choice for you!
The history of Moissanite is a fascinating story. Discovered in 1893 by French chemist Henri Moissan in a meteorite crater, it was initially mistaken for a diamond. Later identified as a distinct mineral, silicon carbide, moissanite is now typically created in labs, as it is incredibly rare to find natural moissanite. Through a high-temperature, high-pressure process that mimics its natural formation, silicon carbide crystals are grown, resulting in a stunning gemstone.
Moissanite’s lab grown nature is one of the reasons moissanite is more affordable than mined diamonds, offering a sparkly alternative for those looking for a budget-friendly engagement ring.
While natural diamonds are cherished for their rarity, uniqueness, and the time it takes for them to form, moissanite provides an option for those who want a stone at a lower cost. Here are some of the reasons people may consider moissanite:
Moissanite's brilliance can often surpass diamonds due to its high refractive index. This means it throws off more light, creating a captivating display of rainbow "fire" that's sure to turn heads. Remarkably hard, moissanite ranks second only to diamonds on the Mohs scale.
Moissanite is lab-grown which reduces ethical concerns due to the ease of source tracking and can minimise some environmental impacts. Laboratories require considerable electricity to produce stones which does still impact the environment. Lab grown stones, such as moissanite are still a consideration for the eco-conscious couple.
Moissanite engagement rings tend to be significantly more affordable than their natural diamond counterparts. While lab-grown diamonds are an option, mimicking the extreme natural formation process usually makes them more expensive than lab-grown moissanite. This means you can secure a larger stone for a lesser price.
While moissanite and diamonds appear nearly identical to the untrained eye, there are a couple of subtle distinctions that many couples love:
Fire and Colour: Moissanite boasts a higher refractive index (2.65-2.69) compared to natural diamonds (2.42). This translates to more sparkle and fire - the flashes of rainbow colours you see in a gemstone. Some moissanite stones may have a slight yellow tint, though colourless options are available, usually at a higher price.
Comparison to Diamonds: For most people, the visual difference between moissanite and natural diamonds is indistinguishable. Rest assured, there are machines that can easily identify the difference between a natural diamond and lab grown diamonds, including moissanite.
Moissanite is a durable gemstone, second to diamonds on the Mohs scale of mineral hardness, but like any engagement ring it still requires care to keep it looking its best. Here are a few tips to maintain your moissanite engagement ring:
Clean it regularly and carefully with warm soapy water and a soft cloth to remove dirt and oils.
Avoid harsh chemicals that could damage the metal, setting or stone.
Store your ring carefully in a separate pouch or box to avoid scratching other pieces of jewellery.
Bring your engagement ring to your jeweller for annual checks to ensure any issues are resolved and repaired.
You may want to consider engagement ring insurance for those situations that can’t be fixed with care such as a lost stone or the entire ring has disappeared.
Whether you’re searching for an affordable moissanite engagement ring or something dazzling that will wow your partner, there are plenty of specialist jewellers that offer stunning moissanite engagement rings in Australia. Here are some answers to frequently asked questions and some tips on finding the a jeweller:
Choosing moissanite for engagement rings is usually a more budget-friendly option than natural diamond rings. This significant price difference means you can achieve that dazzling look without breaking the bank.
When buying any engagement ring, it’s important to choose a reputable jeweller that suits your style and budget expectations. If having a moissanite engagement ring is important to you, look for a jeweller that specialises in moissanite and can provide you with a comprehensive education about the stone.
Consider visiting established jewellers like Moissanite Gemstones International, Windfall Jewellery or Temple and Grace. You can always visit your trusted jeweller who can discuss gemstone options with you, whether lab grown or natural diamonds, to fit within your budget and style.
Many jewellers offer custom engagement ring designs, including moissanite stones. Discuss your vision with them, from the stone size and cut to the setting style. They can use your ideas or existing designs as inspiration to create a unique ring that reflects your love story perfectly
At Q Report, we believe an engagement ring should be a reflection of your unique relationship and the values you both hold.
Whether you choose moissanite, a natural diamond, or any other gemstone, covering your engagement ring with insurance may be a consideration. Rings can be lost, stolen, or damaged, and having insurance could give you the peace of mind that you are covered.
To ensure your moissanite engagement ring is covered, consider Q Report’s engagement ring insurance, which covers loss, theft, or damage. With moissanite's brilliance and Q Report insurance, your dream engagement ring becomes a reality, ready to be cherished for a lifetime. Get your free engagement ring insurance quote online today.
This article is advisory in nature and is offered as a resource to be used together with your professional insurance advice. It is an overview only and is not intended as a substitute for consultation with your insurance advisor or other professional advice.
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This has not taken cut, colour, clarity or carat, your financial situation or your partners taste into account. There are many factors that can reduce or increase the value of an engagement ring.
Speak with one of our Q Certified Jewellers to find out what you can afford, what your partner is looking for and what will financially work best for you.