Pocket-friendly platinum – does it exist?
A ring is for life, not just for your wedding… so the last thing you want to do is skimp on quality. At the same time, soaring gold prices and the high cost of platinum means that a pocket-friendly option is a welcome alternative.
The new kid on the jeweller’s block
Meet palladium, the up-and-coming younger brother of platinum. They might herald from the same family of precious metals, but palladium costs significantly less. If you’re setting aside every spare penny for your dream wedding, this kind of saving can be a major plus. Discovered in the early 1800s, Palladium was named after a recently detected asteroid, which in term was named after Pallas – a figure from Greek mythology.
So what are the benefits of palladium?
Like platinum and gold, palladium is a strong, durable metal, in fact you wouldn’t be able to tell the difference with the naked eye. However, because it’s low density and weighs less, with a lower melting point, a palladium wedding or engagement ring does not require as much metal. This means it can work out less than half the price of a platinum ring.
To give you an example, a 7mm court in palladium (medium weight) would cost £795, while the same ring made from platinum would weigh in at £1,787. Ladies, just think of the shoes you could buy; gents, maybe that season ticket is not such a pipe dream. Or why not shift your honeymoon from Lanzarote to St Lucia?
Save on the cost of re-plating
A palladium ring is also easy to maintain. Like platinum, it has a naturally white patina, which cuts down on the cost of regular re-plating associated with white gold – which can leave an £80 hole in your bank account on each occasion if you visit a high street store (although at IHD we only charge £30 for this service). Because it has a beautiful pure lustre in its natural state, it doesn’t need to be mixed with nickel, which some people are allergic to.
A bespoke palladium ring design will look the part and stand the test of time – what more could you want from your wedding or engagement ring?
If you’d like to know more about palladium or any other ring metals, please don’t hesitate call or drop us an email with your enquiry. Our studio door is always open to visitors and we can design wedding and engagement rings to suit your price and budget.
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