The custom of giving a diamond engagement ring traditionally traces back to 1477 when Mary of Burgundy was given a diamond ring by the Archduke Maximilian of Austria the day before they wed. Previously diamonds were from India and the common man could not afford to buy diamonds for his sweetheart; only the rich could access such a precious gem.

But is it necessary for the woman to receive only a newly mined and cut diamond if diamonds are so indestructible? Of course not! In a pre-owned diamond, there is opportunity for a true bargain.

Wise deals are found by looking beyond the traditional jewelry store, as regular retail jewelry stores have a gargantuan markup in the price of their jewelry. It is possible to catch a deal at the most famous stores, but do you think your girlfriend has always dreamed that her ring would be ordinary and just like every other ring on every other woman? No. When you look at a diamond, think about the 4 C's: cut, color, clarity, and carat. Wherever you shop, don't let one of those 4 C's be short for cheap.

Examine the jewelry at pawnbrokers where you are likely to find a huge bargain. Pawnbrokers that are well recognized provide a valuable service to their community while working within the law. A person with bad credit who still needs a loan can find help at a pawnshop. Many times pawnbrokers provide money for jewelry that is useless to the person, like an old broach that is never worn, so that they may buy groceries that month. Then the broker gets to keep the jewelry.

Verify that the diamond is of good quality. Always ask for a certificate of authenticity and quality from Gemological Institute of America (GIA) or from International Gemological Institute (IGI). Both are excellent, reputable sources that can provide you with the information you are seeking. In fact GIA actually invented the 4 C's Grading System in which all jewelers rely. GIA has been contributing to the US for more than 75 years.

Gems and metal are separated when the person fails to pick their ring up for the price agreed upon. One ounce of gold is more than $1,000 and can be melted down from useless, out of date rings, broaches, and twisted necklaces. You can combine gold with a rejuvenated pre-owned diamond and instantly create a unique engagement ring that will provide your future wife with a lifelong representation of your love. Get more diamonds and more gold for less by shopping at a pawnbroker, and you will make her even happier.