Is morganite the new “diamond”?

Last week I went over some 2015 engagement ring trends, but I purposely left a major one off the list: the morganite engagement ring.

As someone who spends a lot of time on etsy, pinterest and countless wedding blogs searching for new ideas and hot trends I see a lot of the same things over and over again. Most of the time I tire of things quickly, but there is one thing that keeps popping up that I just can’t get enough of: morganite.

Let’s start off with the basics here.

What is morganite?

Morganite is a rare semi-precious gemstone of the beryl family. Its soft colors range from peach, peachy-pink, pink, and violet pink, as well as a pretty salmon colour.

Is it durable?

On the Moh’s scale, which measures hardness, morganite rates a 7.5-8, which is similar to an emerald. While it is possible that morganite can scratch, unlike a diamond, the likelihood of it happening for most individuals is slim and it will likely stand up to daily wear. In the event it does scratch some minor buffing should restore the stone’s initial luster. If you are someone who does a lot of manual labour then perhaps you should think about getting one of these.

Caution: Make sure your jeweler knows that morganite can change color when subjected to high temperatures. In everyday use it won’t be a problem, but when repairing it a jewelers torch could easily damage your gemstone.

Is it affordable?

On average, a desirable coloured custom cut morganite gemstone, over one carat in size, will be priced around $300.00. In comparison a one carat diamond will be priced between $3,000 and $27,000 based on quality.
Also, the cost of morganite does not substantially increase with carat weight due to the fact that morganite is often found in large carat sizes.

Cut and colour are the two most important factors in determining the value of of a morganite stone, followed by clarity and lastly carat size. A pure medium pink colour is considered the post valuable. The pale pinks, which tend to look washed out, or dark pink, which tend to look too saturated, are the least valuable.

The bottom line is that if you want a large stoned quality morganite engagement ring, it is still going to cost you a lot of money ($800-$2000 depending on the stone and accent stones), but if you compare that with an equal sized diamond ring you’ll be saving about 90% of the total cost.

Conclusion

Morganite makes for a gorgeous engagement ring! Will it replace the diamond? Probably not. Is it a great option? Absolutely! Being a precious gemstone it is much less expensive than a diamond (and far more attractive than cubic zirconia). It’s durable enough unless you’re actively trying to scratch it. However, most of us wouldn’t treat a engagement ring carelessly anyway.

I want one!

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