Wondering if moissanite is worth buying? You’re not alone. This modern gemstone is impressively durable, made for everyday, and at an accessible price point. This combination makes it a compelling alternative to the traditional diamond engagement ring. When expertly cut, moissanite delivers dazzling fire and brilliance. While it shares similarity with a diamond as a white gemstone,, they aren’t identical: moissanite has its own character with a subtly different sparkle, shine, and depth that keen eyes can spot on close inspection. Many people love moissanite for exactly this reason and it’s a beautiful choice on its own merits, not a one-to-one replacement for a diamond. Read on to discover whether moissanite’s durability, look, and value make it the right centre stone for your dream ring.
Exceptional Brilliance and Value
When diving into the world of moissanite, it can be a little daunting to know just what it is you’re purchasing. Although moissanite is extremely popular in the United States, Canada and throughout Europe, it has only very recently begun to gain popularity in Australia. With moissanite suppliers in Australia few and far between, this precious stone is quite the hidden gem! As one of Australia’s only high-quality moissanite suppliers, we have noticed the increasing demand for moissanite within the past two years and are extremely excited for this beautiful gemstone to receive the recognition and love it deserves.
One of the biggest drawcards for this stunning gemstone is the attractive price tag. Moissanite is significantly less expensive than diamonds and other popular gemstones. As a lab created stone, moissanite does not require the physical labour and mining to be acquired, making the production process far less expensive (and much more ethical and environmentally-friendly while we’re at it!).
Unbound by Old Conventions
Unlike mined diamonds, moissanite is able to be produced and freely distributed without interference from the jewellery industry or artificial price raising. Since diamonds are a symbol of status in our society, the diamond industry can set their pricing to whatever they desire. The more expensive diamonds are, the fewer people have them and the more desirable they become. Since moissanite is still a relatively uncommon choice amongst the general public, it does not have the cultural connotations attached to it and thus can be priced fairly. Luckily for moissanite lovers, this fair pricing is exceptionally affordable and can allow couples to opt for a much larger stone than they ever imagined they could have. In recent years, it has become clear that more and more people are not buying into the diamond industry’s extremely inflated prices and are drawn to moissanite for its similar look, brighter sparkle and much more affordable pricing.
Lasting Value, Enduring Sparkle
As we already know, the initial cost of buying a moissanite engagement ring is significantly lower than a diamond engagement ring. While the common angle that many people consider a mined diamond purchase to be an investment, the statistics show that this is not actually true. The typical mined diamonds found in your engagement ring do not appreciate in value and you will usually resell at a loss, even if you keep your ring for many years. Unfortunately, it is often only rare and uniquely coloured diamonds that resell at a profit and, unless you have millions of dollars to invest in one of these rare diamonds, the average couple will not be in the market for one of these rarities. When you purchase a mined diamond, you are not only paying for the market value but also the retail store’s markup. Even if you were to return your ring and receive 100% of the market value, you would still be selling at a significant loss due to this markup. In the best-case scenario, you would receive 20-60% of the original cost, depending on where it was mined, the diamond’s quality and to whom you’re selling it. So although moissanite will not appreciate in value, neither will diamonds, meaning the choice should come down to what is symbolic of your love story, not what is part of your investment portfolio.
Diamonds Are Classic, but Not the Only Choice
For nearly a century, diamonds have been the traditional symbol of engagement, featured in films, fashion, and celebrity proposals. They’re timeless for a reason. But they aren’t the only beautiful option. Moissanite offers a modern alternative that’s still suited to everyday wear. As a lab grown gemstone with a Mohs hardness of 9.25–9.5, it’s highly durable and retains its brilliant sparkle over time. Because moissanite is grown in a lab, it avoids mining and comes at a more accessible price point, often allowing you to choose a larger centre stone or more intricate design within the same budget.
Different stones have different personalities: moissanite’s lively fire and brightness are its own signature, not a substitute. If you love its look, you can wear it with confidence and know it’s a perfectly appropriate and lasting choice for an engagement ring.
Although it can be daunting to go against the flow of the diamond ring culture, the cost-effectiveness, lasting quality and extra sparkle of a moissanite engagement ring is hard to pass up! If you could have the ring of your dreams for a fraction of the price without sacrificing quality or style, why wouldn’t you? If you have any questions about moissanite and how it compares to diamond, feel free to contact us here or read our recent article on the differences between moissanite and diamonds.