Tip 1: Everything in a jewelry store is negotiable. Big or little purchases, depending on the size of the purchase, you could save between 15-50% just by negotiating. This applies to large chain stores and mom and pop locations. Tip 2: Always research and don't buy on the spot.

Local jewelry shops are more economical Local jewelry stores offer high-quality pieces which meet your budget - it's the best of both worlds! That's because big chains charge you a premium for their brand name, and not the fair cost of precious metals and gemstones combined with quality craftsmanship.

Independent jewelers respect your budget more than chain stores will. Because they are passionate about their skill and career, independent jewelers work with you to make a piece you feel confident buying and proud to give, while chains just try to upsell for commission.

Think of them as the “Walmart" of jewelry companies. They offer mass-produced jewelry that is quickly (and not skillfully) made. They have to make thousands of identical rings to supply all their stores. And to cut costs they manufacture in China and India.