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0.2 carat heart shaped diamond ring Buying Guide

Learn how to save up to $240 with our comprehensive guide.
In this guide, we'll show you how to get the most out of your purchase of a 0.2 carat heart shaped diamond ring. We'll discuss when it's worth spending more and when you can cut costs, and provide you with information on where to find the perfect ring for you or even something even more remarkable.
Don't want to learn, just want to shop?
We have gathered the greatest deals on heart-shaped diamond rings that are 0.2 carats from high-quality online stores. Take a look at our chosen options by clicking on the links below.

Diamond Price Guide Overview
8 buying lessons - 5-10 min total read time

Get your hands on a top-tier 0.2 carat heart shaped diamond ring for the lowest price.

In our upcoming lessons, we will show you how to save money while still getting a bigger and more radiant heart-shaped diamond ring weighing 0.2 carats. We'll guide you on maximizing your budget and avoiding any scams from diamond companies.
Average Price
$415.33
Price Range
$270-$570
Our Max Savings
$240
Lessons 1-4  ∴  Save Money 
Lessons 4 & 5  ∶  Spend Money 
Lessons 6-8  ∴  Personalize & Decide 
⤫ 40% Cash Savings

Lesson 1

Buying Online

You can find better deals on diamond rings online. Retail stores can be up to 40% more expensive and have a much smaller variety to choose from.
$180 Cash Savings

Lesson 2

Clarity

You can save a lot of money on diamond rings by using our tips for improving clarity. We are here to show you how to save a significant amount.
$100 Cash Savings

Lesson 3

Color

Color is another important factor when it comes to determining the price of a diamond. We're here to help you understand when you can use this to save money.
⤫ 85% Cash Savings

Lesson 8

Lab Grown

By opting for lab-grown, you can potentially save a remarkable 85% on a 0.2 carat heart-shaped diamond ring. However, when it comes to reselling, it may pose some difficulties.
☺ Spend Money

Lesson 4

Carat Weight / Size

In general, women tend to prefer diamonds that look larger, so it's a good idea to allocate more of your budget towards that aspect. We can provide you with advice on how to make the diamond appear bigger without spending too much on other aspects.
☺ Spend Money

Lesson 5

Cut, Sparkle & Brilliance

The cut of a diamond plays a vital role in its overall appearance. It's crucial not to compromise on this aspect since it determines the diamond's brilliance and captivating charm.
≔ Personalize

Lesson 6

Shapes

Each shape of a diamond ring has its own distinct appearance and sparkle. We will demonstrate the one-of-a-kind look and how the light interacts with each shape.
≔ Personalize

Lesson 7

Setting / Band

Choosing a solitaire ring can be a cost-effective way to enhance the appearance of your diamond, but ultimately, it all comes down to your personal preference.

Lesson 1 - Buy Online
Up to 40% savings here

Instantly lower the price of your heart-shaped diamond ring by up to 40% when you purchase it online.

Have you ever considered purchasing your engagement ring or other jewelry online? Websites such as Blue Nile and James Allen offer this opportunity at prices that are up to 40% lower than those at traditional stores. Additionally, you'll have a wider range of options to choose from and more opportunities for customization. You can easily find exactly what you're looking for without breaking the bank.

Use the 'shop now' links below to begin designing a 0.2 carat heart-shaped diamond ring that is both cost-effective and of high value.

Are you ready to start shopping? Our links will take you directly to the most affordable and valuable diamonds from trustworthy online diamond sellers.

Our Money Saving Links

Watch us compare pricing with retail stores and our favorite online brands

Ease of Use
Pricing
Selection
Customer Service
Best overall experience, great selection, 24/7 customer support
Ease of Use
Pricing
Selection
Customer Service
Another excellent website for very well priced diamond rings.
Ease of Use
Pricing
Selection
Customer Service
They focus on ethically sourced diamonds. Best option for karma free rings
Ease of Use
Pricing
Selection
Customer Service
They focus on ethically sourced diamonds. Best option for karma free rings
Ease of Use
Pricing
Selection
Customer Service
Mostly here to show you how retail companies are not high quality. 

Lesson 2 - Clarity

When looking to purchase a 0.2 carat heart shaped diamond ring, keep in mind that the clarity of the diamond is the biggest influencer of its cost.

⊗ Up to $256 savings with these tips
Watch us save thousands of dollars by simply selecting the right clarity range.

What is Clarity?

When we talk about clarity in diamonds, we're basically talking about how visible the flaws are. But it's important to note that most flaws can only be seen with a 10x magnifying glass. Diamond clarity goes from 'flawless' to 'included'. In the middle, you'll find classifications like VS1, VS2, and SI1. These diamonds might have flaws that can only be seen under 10x magnification. To the naked eye, they look completely transparent, so nobody will notice any imperfections when they admire your ring!

Optimal Clarity Range for a 0.2 carat heart shaped diamond ring

Choosing a diamond in the VS2-SI1 clarity range for your 0.2 carat heart shaped diamond ring can yield significant savings, potentially reducing the total price by as much as $256. When it comes to striking a balance between price and clarity, we highly recommend opting for a VS2 diamond. However, it is important not to disregard SI1 diamonds. With just a few minutes spent sifting through available options, you can come across SI1 diamonds that have an appearance of being virtually flawless.

One more important tip! Always avoid "cloudy"

This one is simple. Always avoid cloudy diamonds found in the GIA certificate. This is the one flaw that really matters for brilliance. 
☆ These diamonds have identical carat, cut, & color 
Not Recommended
Go with this clarity
FL
IF
VVS1
VVS2
VS1
VS2
SI1
‹ drag left or right ›

FL - Flawless

Cost - $627 This diamond is flawless, but it feels like it's too much considering the price. Savings - You could save $236 - $275 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

IF - Internally Flawless

Cost - $570 This diamond is flawless on the inside, meaning it has no imperfections internally. However, it might have some flaws on the outside. This is also going a bit overboard. Savings - You could save $179 - $218 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VVS1

Cost - $542 This diamond is almost perfect, but when you take into account the cost, it's still excessively expensive. Savings - You could save $151 - $190 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VVS2

Cost - $515 These diamonds are really good, but we recommend choosing ones with slightly lower clarity since our eyes can't really tell the difference. Savings - You could save $124 - $163 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VS1 - Very Slightly Included

Cost - $412 If you are able to find a good deal within this specific range of clarity, that's great. However, the following clarity grades are the perfect match in terms of price and value. Savings - You could save $21 - $60 with a VS2, SI1, or SI2 diamond

‹ drag left or right ›

VS2 - Very Slightly Included

Cost: $391 Total Savings: $21 - $179 This diamond clarity provides the perfect balance of quality and cost-effectiveness. When it comes to these diamonds, you'll be hard-pressed to find any imperfections, making them appear flawless.
‹ drag left or right ›

SI1 - Slightly Included

Cost: $371 Total Savings: $41 - $199 This diamond clarity is the best offer available. Please remember that not all SI1 diamonds have the same appearance. Although some may not be the finest, many are incredibly breathtaking and could easily be confused with a VS2.

Lesson 3 - Color

The price of a 0.2 carat heart shaped diamond ring is greatly influenced by its color.

⊗ Up to $138 savings with these tips
Watch us save thousands by purchasing diamonds in the right range

What is Color?

Diamonds can come in different shades, ranging from slightly yellowish to completely clear. The Gemological Institute of America (GIA) rates diamonds on a scale from D (no color) to Z (yellow or brown). When it comes to jewelry, diamonds typically have a slight amount of color and fall within the G-H range. The faint hints of color in these diamonds can only be noticed when compared to higher grade diamonds like D, E, or F. While smaller diamonds may not show as much color, larger diamonds in the G-H range, such as a heart-shaped one, will still appear almost colorless. Additionally, they will be less expensive than a D-grade diamond, which is completely colorless.

Optimal Color Range For A 0.2 Carat Heart Shaped Diamond Ring

Selecting the appropriate color grade for a 0.2 carat heart shaped diamond ring can lead to significant cost reductions. Instead of incurring high expenses for diamonds graded D-F, consider opting for a diamond within the G-J range. This decision not only ensures a breathtaking piece but can also save you up to $138, along with any additional savings gained from shrewd choices regarding clarity. For more intricate designs such as a halo diamond ring, which encompasses numerous smaller diamonds encircling the main stone, it is advisable to choose a center diamond falling within the G-H color range. This approach mitigates any noticeable differences in color that may arise when comparing I-J graded diamonds to the smaller diamonds in the halo, typically being colorless or nearly colorless.
Clearest Color
Best Value
Sometimes Ok
D
E
F
G
H
I
J
< drag left or right >

D color

Cost - $445 This diamond is colorless, meaning it has no hints of yellow, you can find these at a good price, but it is not as common. Savings - You could save $75 - $98 with a G or H colored diamond
‹ drag left or right ›

E color

Cost - $418 An E color diamond is a rare, colorless gem of exceptional beauty and value. You can sometimes find them at a great price. Savings - You could save $49 - $71 with a G or H colored diamond
‹ drag left or right ›

F color

Cost - $393 These are near-colorless with only slight traces of color, making it an attractive choice. You'd really have to look closely to figure it out Savings - You could save $24 - $46 with a G or H colored diamond
‹ drag left or right ›

G color

Cost - $370 These are near-colorless with only slight traces of color, making it an attractive choice for it's quality and price. You'd really have to look closely to notice any color Savings - You could save $22 with an H colored diamond
‹ drag left or right ›

H color

Cost - $348 Total Savings: $22 - $98 These are near-colorless with only slightly more noticable hint of color, further making it an attractive choice for it's quality and price. You'd need to have a trained eye to see the color flaw in this one without having a colorless diamond next to it.
‹ drag left or right ›

I color

Cost - $327 Total Savings: $43 - $118 These begin to have a bit more noticable hint of color especially when next to colorless diamonds. These still have unnoticable color if placed on a solitaire ring, but we do not recommend these on a halo ring.
‹ drag left or right ›

J color

Cost - $307 Total Savings: $63 - $138 These also have a slightly more noticable hint of color especially when next to colorless diamonds. These still have unnoticable color if placed on a solitaire ring, but we do not recommend these on a halo ring.

Lab Grown Diamonds

Lab grown diamonds can often cut prices in half and no one will ever notice the difference. 

Lesson 4 - Lab Grown
Save up to 85% on your diamond ring.

Save up to $300 on your 0.2 carat heart shaped diamond ring by opting for a lab grown diamond.

Lab-grown diamonds are diamonds that are created in a laboratory setting. These diamonds possess identical visual characteristics to those found in nature but are manufactured in a manner that is more environmentally friendly and morally sound. Additionally, lab-grown diamonds are more budget-friendly because they are more readily accessible than natural diamonds. In fact, a lab-grown diamond can be up to 85% cheaper than a similar diamond found in nature.

Having a lab-grown diamond can minimize your financial loss when you need to sell your 0.2 carat heart shaped diamond ring.

Selecting the appropriate color grade for a 0.2 carat heart shaped diamond ring can lead to significant cost reductions. Instead of incurring high expenses for diamonds graded D-F, consider opting for a diamond within the G-J range. This decision not only ensures a breathtaking piece but can also save you up to $138, along with any additional savings gained from shrewd choices regarding clarity. For more intricate designs such as a halo diamond ring, which encompasses numerous smaller diamonds encircling the main stone, it is advisable to choose a center diamond falling within the G-H color range. This approach mitigates any noticeable differences in color that may arise when comparing I-J graded diamonds to the smaller diamonds in the halo, typically being colorless or nearly colorless.
Explore Lab Grown 

Lesson 5 - Carat / Size

If you're purchasing a diamond ring, it's wise to focus on the carat weight as a significant factor to consider for your investment.

Why is Carat Important?

Think about a diamond ring for a second. What's the first thing that comes to mind? Of course, it's the size of the main diamond. In surveys, women consistently prioritize the size of the diamond as their main concern. And since carat weight determines the size of the diamond, we suggest you allocate a majority of your budget towards that.
Watch us compare sizes and help you visualize what you want. 

This carat range is your top choice for a 0.2 carat heart-shaped diamond ring.

We recommend checking out diamonds that range from 0.18 to 0.22 carats. This will give you a variety of prices without a significant increase in size.
Hand Diamond

1 carat

Explore More Diamond Weights

Lesson 6 - Cut

The cut of a diamond is what gives it that beautiful sparkle. For your 0.2 carat heart shaped diamond ring, make sure to choose either an ideal or excellent cut.

Find out why cut makes diamonds sparkle and why you want ideal or excellent cut diamonds.

What is Cut?

When you're on the hunt for the most beautiful 0.2 carat heart shaped diamond ring, the cut of the diamond becomes super important. The precision and flawless quality of the diamond's angles are what truly impact its sparkle and brilliance.

A hidden truth within the diamond industry

The idea that a diamond cut to perfection, designed to shine its brightest, would always be the most expensive option isn't always true. Sometimes, a diamond with a fair cut, but with the same carat, color, and clarity, can end up being pricier. This might sound strange, but it happens because diamonds that are poorly cut might seem bigger but lack that sparkle and brilliance. A diamond without sparkle is like a painting without any colors.

Here's a crucial tip: always opt for GIA Certified Excellent Cut Diamonds (also known as "Ideal" Cut).


Never Buy These
Definitely Buy These
Fair
Good
Very Good
Ideal
Excellent
‹ drag for sparkle ›

Fair Cut Diamond

Look at that dull sparkle... not much to write home about. Stay away from these.
‹ drag for sparkle ›

Good Cut

Still pretty bland in the sparkle area... stay away from these. 
‹ drag for sparkle ›

Very Good Cut

Getting better, but you don't save much money to  
‹ drag for sparkle ›

Ideal Cut

The is as low as you should go
‹ drag for sparkle ›

Excellent Cut

Blue Nile calls it Astor, James Allen calls it True Hearts, and Brilliant Earth calls it Truly Brilliant. 

Regardless, excellent cut diamonds have incredible sparkle.

Lesson 7 - Shape

When selecting diamonds, keep in mind that different shapes offer distinct levels of sparkle, and certain shapes can create the illusion of a pricier 0.2 carat heart shaped diamond ring.

What is Diamond Shape?

When we mention the diamond shape, we're referring to the diamond's style, like being round, oval, or heart-shaped. Some shapes can create the illusion of a larger diamond, while others provide more sparkle and an everlasting appeal. Check out the shape tool in this section to find a variety of 0.2 carat diamond rings with different shapes.

What shape to choose?

It's good to recognize that certain diamond shapes can make a stone appear bigger, and there are currently some trendy shapes available. However, the important thing is to concentrate on what personally speaks to you and brings you joy. If you need some direction, a brilliant cut diamond that includes Round, Marquise, Princess, Cushion, Oval, Pear, and Radiant shapes might be the perfect pick. Out of these choices, Round diamonds are the most popular, but Oval and Marquise shapes can give the diamond a bigger appearance with the same carat weight.
Watch us compare shapes so you can see exactly what style you prefer. 

Explore other diamond shapes

Try out different diamonds

Hand Diamond
Round
Marquise
Princess
Emerald
Cushion
Oval
Pear
Asscher
Radiant
Heart

Lesson 8 - Setting

The band has the ability to transform a 0.2 carat heart shaped diamond ring into something completely unique.

What is setting?

The part of the diamond ring that is referred to as the band is typically made of metal and is commonly known as the setting. It is usually crafted from gold and is available in white, yellow, or rose gold colors. Another option for the band is platinum. The setting of your 0.2 carat heart-shaped diamond ring plays a significant role in defining its overall appearance. It offers you a chance to showcase your personal style. We have listed the three most popular settings below. Regardless of your choice, we recommend sticking with 14k gold. Continue reading to find out why.
The setting or band is really important for making your diamond look bigger and better. 

Your band ought to be made of 14 karat gold.

Pay attention to this important rule. Avoid choosing 18k or 24k gold for your setting. Instead, rely on 14k gold. While 18k and 24k gold may be more pure, they are very soft and bendable. If your band, which secures your valuable diamond, easily bends, there is a greater chance of your diamond becoming loose and falling out. Many people have experienced this common issue.

Solitaire Ring - A Thin Band Makes Your Diamond Appear Bigger.

Based on survey results, a lot of women desire a big diamond. To make a 0.2 carat heart-shaped diamond ring look bigger, you can go for a Solitaire setting with a sleek and elegant band. The difference in size between the band and the diamond can create the illusion of a larger stone. To enhance this effect, search for settings that have tiny accent diamonds on the band. These will add a stylish decoration without distracting from the main diamond.

Halo: Use smaller diamonds to make your diamond look bigger.

If you want to make your 0.2 carat heart-shaped diamond ring appear bigger, a halo setting could be the ideal choice. With this arrangement, smaller diamonds encircle the central gem, enhancing its brilliance and making it seem larger. To enhance the effect even more, you can opt for a double halo setting. When paired with a slim band, this can create the illusion of a much larger diamond, giving off a sense of lavishness.

Make sure to focus on the main diamond.

Many women desire their diamond to have a stunning look. A band that is overly ornate or wide could draw attention away from the diamond, making it appear smaller. If your main concern is flaunting your 0.2 carat heart shaped diamond ring, it would be wise to choose a more straightforward band that doesn't overshadow the stone. However, if the overall design of the ring is more important to you, a intricate band might be the right choice, but keep in mind that it may lessen the diamond's standout quality.

Build a Custom 0.2 carat heart shaped diamond ring Starting with Our Curated Diamond Selections For The Best Deals

Creating a custom jewelry piece is a remarkable opportunity to craft a one-of-a-kind accessory that perfectly reflects your own style and individuality. Additionally, it's much more affordable compared to purchasing from a retail establishment. With top-tier companies in the industry like Brilliant Earth, James Allen, and Blue Nile at your fingertips, you have complete control over every aspect of your ring, including the diamond's shape and the band's aesthetics.
Start Building
Watch us take you through the entire building process on our favorite websites.

Protect your diamond ring by purchasing it online through one of our trusted partners. Each link will lead you to the best deal available.

We have rated each company and designed the Shop Now links to direct you to the lowest priced and highest quality diamonds. Our filters are applied to each website to help you find the best deals on your desired item. Take advantage of a wide selection, customized rings, and excellent customer support.

Our Money Saving Links

Watch us compare pricing with retail stores and our favorite online brands

Ease of Use
Pricing
Selection
Customer Service
Best overall experience, great selection, 24/7 customer support
Ease of Use
Pricing
Selection
Customer Service
Another excellent website for very well priced diamond rings.
Ease of Use
Pricing
Selection
Customer Service
They focus on ethically sourced diamonds. Best option for karma free rings
Ease of Use
Pricing
Selection
Customer Service
They focus on ethically sourced diamonds. Best option for karma free rings
Ease of Use
Pricing
Selection
Customer Service
Mostly here to show you how retail companies are not high quality. 

Virtual Appointment

Let us help you get help by the industry leaders. When you click the button below we will help you choose where to set up your appointment.
Book Appointment

Frequently Asked

Did you want to know even more? Wow you're a great student!

How much is a 0.2 carat heart shaped diamond ring worth?

A 0.2 carat heart shaped diamond ring is worth an average of $400, with a price range of $270 to $570.

How big is a 0.2 carat heart shaped diamond ring?

A 0.2 carat heart-shaped diamond ring typically has a size of approximately 3.7mm in diameter. This makes it slightly smaller than a 0.7 carat heart-shaped diamond ring, which has a diameter of around 5.6mm. On the other hand, it appears slightly larger than a 0.1 carat heart-shaped diamond ring, which has a diameter of about 3.1mm.

What does a 0.2 carat heart shaped diamond ring look like like on a hand?

A heart-shaped diamond ring weighing 0.2 carats appears delicate and petite on a hand. The diamond's shape adds a romantic touch, while its smaller size ensures a subtle and elegant look.

What is the price of a 0.2 carat heart shaped diamond ring?

The price of a 0.2 carat heart shaped diamond ring falls within the range of $270-$570.

Is a 0.2 carat heart shaped diamond ring good enough?

Yes, a 0.2 carat heart shaped diamond ring can be a good choice for those who prefer smaller and more delicate jewelry. The heart shape adds a romantic touch to the design, and the diamond's smaller size can still offer a beautiful sparkle. However, it's important to consider other factors such as the diamond's cut, clarity, and craftsmanship to ensure overall quality and beauty.

Is a 0.2 carat heart shaped diamond ring big?

No, a 0.2 carat heart shaped diamond ring is not considered big. The average carat weight for a diamond engagement ring is about 1.2 carats, so a 0.2 carat diamond is significantly smaller. While it may still be a beautiful and delicate piece, it is not considered large in terms of carat weight.

What does a 0.2 carat heart shaped diamond ring weigh?

A 0.2 carat heart shaped diamond ring weighs 0.04 grams.

Should I get a 0.2 carat heart shaped diamond ring?

A 0.2 carat heart shaped diamond ring may be a good choice if you prefer a smaller and more delicate design.

Is a 0.2 carat heart shaped diamond ring too big?

No, a 0.2 carat heart shaped diamond ring is not too big.

Is a 0.2 carat heart shaped diamond ring small?

Yes, a 0.2 carat heart shaped diamond ring is considered small. The carat weight of a diamond directly affects its size, and 0.2 carats is on the smaller end of the spectrum. However, the size of the diamond can also be influenced by its shape, and a heart shaped diamond may appear slightly larger than a round or princess cut diamond of the same carat weight.
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