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Diamond Engagement Rings - Should They Be Appraised And Insured? An engagement ring is usually a very large investment for most of us. Therefore, it is recommended that the ring be appraised and insured. Selling Your Diamond - How is the Best Way to Sell Your Old Diamond Ring? Before even contacting any potential sellers with regard to the diamond ring, it is important to know exactly how much your ring is worth. Old Mine Cut Diamonds - What Are They and How Did They Get Their Name? The culet on this type of stone is also unique compared to other gems as it is flattened on the bottom as opposed to being pointy in nature. Diamond Engagement Ring Size - What Is The Average Carat Weight of a Diamond Engagement Ring in 2008 The following will highlight some trends with regard to carat size and focus on what the average carat weight of a diamond engagement ring is in 2008.