Unlock the secrets of Hatton Garden and master the art of choosing the perfect diamond engagement ring in this ultimate guide to sparkling proposals.
What we’ll cover in this guide:
We love London. Who doesn’t? Vibrant, eclectic, colorful, luxurious…the city has everything to offer, even if you’re only passing through on the way to someplace further flung.
But there’s one spot in particular that we love more than any other: Hatton Garden. A small(ish) pocket within the larger borough (pronounced ‘buh-ruh’ in the UK) of Camden, Hatton Garden has represented London’s fine jewelry hub for hundreds of years.
So, if you’re in the city and in the market for a diamond? You’re also in for a treat. Hatton Garden is powered by masters at work, from second- and third-generation jewelers to diamond and gemstone experts.
You don’t just go to Hatton Garden to buy a pretty piece of jewelry. You go for the history, the vibe, the lifelong memories and the pleasure of being part of a long legacy of shoppers…
Hatton Garden became known as a diamond and fine jewelry hub back in the 19th century, although jewelry makers had been putting down roots in this particular part of the city as early as the medieval era. Back then, it was commonplace for similar businesses to group together, as it simplified trade and stopped the city from getting too overwhelmed by the growing list of industries.
Since that point, Hatton Garden has represented a busy, flourishing, dynamic part of London. It’s not as overrun by jewelry stores as the New York Diamond District, but you won’t run out of stores – there are more than 90 stores, some of which have long histories behind them.
In part, Hatton Garden’s legendary status stems from its background. The area is interwoven with most of London’s long and fabled history, and a lot of people go there just to soak up that feeling of being on a street that, despite changing appearances, has remained largely the same for hundreds of years.
But let’s not downplay the strength of Hatton Garden’s offering. It wouldn’t be one of the most popular jewelry destinations in the world if it didn’t have plenty of exquisite options, beautiful diamonds, and skilled jewelers. Hatton Garden has earned its stripes again and again.
Before you head anywhere – whether it’s Hatton Garden of LA’s diamond district – you’re going to want to make sure that you understand how to buy a beautiful – and cost-effective – diamond. There are plenty of diamonds out there that look great, but represent poor choices for your wallet; instead, you want to focus on getting as much as possible in terms of size and quality, for the most attractive price.
But how?
Knowing the Four Cs will take you a long way…
Carat weight is the unit of measurement used for diamonds and other gemstones. It equates to 0.2 grams, which should tell you a lot about how lightweight diamonds actually are! Even a literal rock of 10 carats still only weighs 2 grams…
You’ll want to understand carat weight before you head into any fast-paced diamond district – particularly how carat weight influences price.
Sparkle should be at the top of any shopper’s list since diamond’s signature fire and brilliance is one of the things that makes it the unrivalled choice for engagement rings. But sparkle doesn’t just…happen.
In order for a diamond to sparkle, it has to be cut to a very high standard, which means cut is not something to skimp on. Read our full guide here.
Most diamonds are colorless – in other words, they don’t feature a ‘fancy color’ like blue, red, pink, orange, green, etc – but that doesn’t mean they are perfectly colorless. It’s super common for diamonds to feature a very slight, subtle yellow tint – often too pale for non-experts to even notice – whereas totally, perfectly colorless diamonds are very rare.
Trust us – you don’t want a diamond with noticeable color, but that doesn’t mean you have to pay for the best of the best (or even second best). Here’s what you need to know about diamond color.
As with color, most natural diamonds are mined with at least some inclusions – minor flaws that are ‘locked’ within the crystalline, internal structure of the diamond. These flaws make a diamond unique, like the freckles on your face or the shape of your thumbprint, but, understandably, most of us don’t want to actually see them.
Again, you don’t have to pay top dollar (or, in the case of Hatton Garden, ‘pound’) to avoid a diamond with major inclusions. Click here for more.
Even if you go to the most reputable jewelry store in the most reputable diamond district in the world, there’s one thing you don’t want to sacrifice: proper diamond certification. Any jeweler who claims you don’t need a full report – or that one of the ‘lesser’ grading labs is the one to trust – isn’t worth your time, so don’t get hoodwinked.
We always recommend the GIA, as it’s the most reputable – and the most committed to ensuring transparency for shoppers. You can, however, read our full guide to diamond grading labs for a more comprehensive lesson in certification.
There are two sides to this coin. The first is value – what diamonds are really worth, and how you can gauge that. Our guide to diamond value clears up that fog and gives you the tools you need to figure out whether the diamond you’re looking at is fairly priced, or if it’s being marked up because of a specific brand name or shopping experience.
The other side of the coin? Those mark-ups. People who shop at luxury brands or historic stores are risking overspending on their diamond since some prices aren’t as reflective of diamond value as others. You’ll want to ask yourself whether you’re paying for the experience or the ring itself.
Always ask about additional fees for resizing, maintenance, and aftercare services. Some jewelers might offer a great price on a ring, but you’ll end up paying extra for these essential services. Also, consider the impact of VAT (Value Added Tax), which can significantly increase the final price.
Some of our tips for getting around Hatton Garden, seeing everything, and avoiding the impulse purchases…
While a lot of tourist traps are best visited when it’s quieter, Hatton Garden is best visited during peak times. For one thing, you get to experience the really dynamic, bustling vibe of the area that has defined it since the Medieval period. For another, you’re less likely to get accosted by skilled salespeople. There’s safety in numbers!
Here are a few things to say to any jeweler who’s looking to make an on-the-spot sale with you…
You’ll also want to figure out what level of protection you get from the seller. This is easily overlooked in the fast-paced environment of Hatton Garden, but it’s still super important. A good, long warranty if key, and it’s always nice if they can throw in a free ring resizing option.
Even if you don’t wind up buying your engagement ring in Hatton Garden and, instead, choose the convenience and savings of an online diamond store, that’s not to say you can’t embrace the historic, romantic vibe that this part of the city brings. Think of all the love stories that have been celebrated in these diamond stores. Why not be a part of that?
If you’re in Hatton Garden itself, then the most beautiful spots for a proposal include:
Hatton Garden is a great place to visit, and people who shop there are part of a long legacy of romantics. But, here’s the thing – it’s not the place to get the best deal, and it’s easy to rush yourself into a spur-of-the-moment decision that you’ll regret later.
We’d always recommend anyone with an interest in fine jewelry visit the area – or, if you’re in London, that you use it as an idea-gathering mission with a little history on the side – but, ultimately, we’re going to have to stick to our principles and say that Hatton Garden isn’t the ultimate spot for finding your dream engagement ring.
Tip 1. Understand the 4 Cs:
Tip 2. Certification is Crucial:
Tip 3. Beware of Lighting:
Tip 4. Consider the Setting:
Tip 5. Research the Seller:
Tip 6. Understand the Return Policy:
Tip 7. Budget Wisely: