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Q&A: Help Finding a Round Diamond For a White Gold Pave Setting With a $5,000 Total Budget

By Mike Fried,

Hi, thank you for the excellent website. I am looking to purchase an engagement ring from James Allen, with a budget around $5,000 including the setting, which will be a 14k white gold pave band, estimated cost around $600, which would leave me with about $4,400 for the diamond. I was thinking at least 1 carat, and based on your website would prioritize excellent cut over color and clarity.

Do you have any specific diamond recommendations currently in stock on James Allen? I have no experience assessing diamond quality and am hoping you could help me pick wisely. Thanks!

May I ask what diamond shape you’re after?

I am looking for a round diamond.

As far as a pave setting goes, I color would look fantastic in it. There is no rule for which clarity grade to go with, I always search in the SI-IF range and pick the best priced eye-clean diamonds I find. Sometimes I end up recommending an SI stone, sometimes a VS or VVS is a better option (when it’s either cheaper or has a better cut).

I found thes two options:
www.jamesallen.com/loose-diamonds/round-cut/0.94-carat-i-color-vs1-clarity-excellent-cut-sku-9264090?a_aid=dmnd1357
www.jamesallen.com/loose-diamonds/round-cut/1.01-carat-i-color-vvs2-clarity-excellent-cut-sku-7292905?a_aid=dmnd1357
They have a beautiful cut and either of them would make an amazing ring. As you can see, they are basically the same size (check out the real measurements).

I purchased the 0.94 carat one you recommended. Thanks so much for your help!

That’s wonderful news!

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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