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1.5 carat oval diamond ring Buying Guide

Learn the steps to save up to $15,000 in our guide.
This carefully crafted guide will teach you the best ways to use your money when buying a 1.5 carat oval diamond ring. It gives advice on which aspects are worth splurging on and which ones can help you save money. It also tells you exactly where you can find the ring you desire or maybe even a better alternative.
Do you want to avoid learning and start purchasing right away?
We have put together a collection of the most affordable deals on 1.5 carat oval diamond rings from top online platforms. You can check out our carefully selected options in the linked section.

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

Snag the best price on a high-quality 1.5 carat oval diamond ring.

In our upcoming lessons, we will show you how to save money and obtain a bigger, more dazzling 1.5 carat oval diamond ring. We will guide you on maximizing your budget and avoiding diamond company scams.
Average Price
$6,033.34
Price Range
$2,130-$20,880
Our Max Savings
$15,000
Lessons 1-4  ∴  Save Money 
Lessons 4 & 5  ∶  Spend Money 
Lessons 6-8  ∴  Personalize & Decide 
⤫ 40% Cash Savings

Lesson 1

Buying Online

Diamond rings are much more affordable when bought online. Brick-and-mortar stores can be up to 40% more expensive and offer a limited range of options.
$13,060 Cash Savings

Lesson 2

Clarity

By following our clarity tips, you can potentially reduce the cost of diamond rings by 50%. We are here to help you save significantly.
$1,740 Cash Savings

Lesson 3

Color

One important thing that affects the price of a diamond is its color. We are here to assist you in recognizing the perfect opportunity to take advantage of this and save money.
⤫ 85% Cash Savings

Lesson 8

Lab Grown

You can save an amazing 85% on a 1.5 carat oval diamond ring by picking a lab-grown one, but keep in mind that selling it later might be difficult.
☺ Spend Money

Lesson 4

Carat Weight / Size

Women often prefer larger diamonds, making them a popular choice. Therefore, it is wise to invest in bigger-looking stones. We can provide guidance on how to maximize the size of your diamond while finding savings in other areas.
☺ Spend Money

Lesson 5

Cut, Sparkle & Brilliance

The way a diamond is cut plays a crucial role in its overall look. It's not advisable to skimp on this aspect since it determines the diamond's brilliance and unique appeal.
≔ Personalize

Lesson 6

Shapes

Each diamond ring shape has its own unique appearance and way of reflecting light. We will assist you in understanding the distinct characteristics and visual effects of each shape.
≔ Personalize

Lesson 7

Setting / Band

If you choose a plain band, it will help you save money and create the illusion of a larger diamond. However, it's crucial to consider your personal preference when making this decision.

Lesson 1 - Buy Online
Up to 40% savings here

Get your 1.5 carat oval diamond ring online and save up to 40% instantly.

Consider this: purchasing your engagement ring online. Websites such as Blue Nile and James Allen provide significant discounts, reducing prices by up to 40% compared to physical stores. Additionally, you'll have access to a wider range of options and customization features. This way, you can find the ideal ring that suits both your preferences and budget.

Click on the shop now links below to begin building the most affordable and valuable 1.5 carat oval diamond ring!

If you're in a rush and eager to begin shopping, our links will take you straight to the top deals on high-quality diamonds from the most trusted online diamond stores.

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

The pricing of a 1.5 carat oval diamond ring is primarily determined by the clarity of the diamond.

⊗ Up to $16,346 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 is divided into categories from 'flawless' to 'included'. In the middle, you'll find designations like VS1, VS2, and SI1. These diamonds may have flaws that can only be seen under 10x magnification. To the naked eye, they look completely clear, so nobody will notice any imperfections when they admire your ring!

Optimal Clarity Range for a 1.5 carat oval diamond ring

Choosing a diamond in the VS2-SI1 clarity range for your 1.5 carat oval diamond ring can result in significant savings, possibly reducing the total price by up to $16,346. We advise considering the VS2 clarity grade, as it offers a good balance between price and clarity. However, it is important not to disregard SI1 diamonds. By investing a few minutes in browsing through the available options, you can easily find SI1 diamonds that appear nearly 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 - $22,968 This diamond is in perfect condition, without any flaws, but when you look at the cost, it's just too expensive. Savings - You could save $15,148 - $17,555 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

IF - Internally Flawless

Cost - $20,880 This diamond is internally flawless, which means it is clear on the inside. However, it may have some imperfections on the outer surface. This is also excessive. Savings - You could save $13,060 - $15,467 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VVS1

Cost - $17,170 This diamond is almost flawless, but when you take into account the cost, it is still too extravagant. Savings - You could save $9,350 - $11,757 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VVS2

Cost - $20,880 These diamonds are really impressive and the prices are more reasonable, but we still recommend choosing a diamond with a lower clarity. Savings - You could save $13,060 - $15,467 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VS1 - Very Slightly Included

Cost - $8,308 If you find an amazing deal within this range of clarity, that's great! However, the next levels of clarity offer the best combination of affordability and quality. Savings - You could save $488 - $2,895 with a VS2, SI1, or SI2 diamond

‹ drag left or right ›

VS2 - Very Slightly Included

Cost: $7,820 Total Savings: $488 - $13,060 If you're searching for the ideal combination of quality and price, this diamond clarity is the ultimate option for you. These diamonds look absolutely flawless to the unaided eye, as any imperfections are impossible to detect.
‹ drag left or right ›

SI1 - Slightly Included

Cost: $6,622 Total Savings: $1,686 - $14,258 You won't find a better deal for diamond clarity than this. However, it's important to remember that not all SI1 diamonds are the same. Although some may not meet your expectations, many are truly stunning and can be compared to a VS2 diamond.

Lesson 3 - Color

The cost of a 1.5 carat oval diamond ring is greatly influenced by the chosen diamond's color.

⊗ Up to $2,464 savings with these tips
Watch us save thousands by purchasing diamonds in the right range

What is Color?

Diamonds can have a slight yellow tint or no color at all. The Gemological Institute of America (GIA) ranks diamonds on a scale from D (colorless) to Z (yellow or brown). The majority of diamonds used in jewelry fall within the G-H range, meaning they have a small amount of color. This color is only noticeable when compared to higher-grade diamonds like D, E, or F. While larger diamonds may show more color, an oval diamond in the G-H range will still appear nearly colorless and be less expensive than a D-grade diamond, which is completely colorless.

Optimal Color Range For A 1.5 Carat Oval Diamond Ring

Purchasing a 1.5 carat oval diamond ring in the appropriate color grade can lead to significant savings. Instead of spending excessive amounts on diamonds graded in the D-F range, consider opting for a diamond within the G-J range. This decision can still result in a breathtaking piece while potentially saving you up to $2,464, in addition to any savings made through smart choices regarding the clarity aspect.
Clearest Color
Best Value
Sometimes Ok
D
E
F
G
H
I
J
< drag left or right >

D color

Cost - $7,946 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 $1,346 - $1,742 with a G or H colored diamond
‹ drag left or right ›

E color

Cost - $7,470 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 $869 - $1,265 with a G or H colored diamond
‹ drag left or right ›

F color

Cost - $7,021 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 $421 - $817 with a G or H colored diamond
‹ drag left or right ›

G color

Cost - $6,600 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 $396 with an H colored diamond
‹ drag left or right ›

H color

Cost - $6,204 Total Savings: $396 - $1,742 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 - $5,832 Total Savings: $768 - $2,115 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 - $5,482 Total Savings: $1,118 - $2,464 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 $5,400 on your 1.5 carat oval diamond ring by selecting a lab grown diamond.

Lab-grown diamonds, which are created in a lab rather than mined from the earth, have the same visual qualities as diamonds found in nature. They are produced in a more environmentally friendly and ethical manner. Additionally, lab-grown diamonds are more readily available and therefore much more affordable. In fact, the cost of a lab-grown diamond can be up to 85% lower than that of a comparable natural diamond.

If you ever decide to sell your 1.5 carat oval diamond ring, choosing a lab-grown diamond can reduce your financial loss.

Purchasing a 1.5 carat oval diamond ring in the appropriate color grade can lead to significant savings. Instead of spending excessive amounts on diamonds graded in the D-F range, consider opting for a diamond within the G-J range. This decision can still result in a breathtaking piece while potentially saving you up to $2,464, in addition to any savings made through smart choices regarding the clarity aspect.
Explore Lab Grown 

Lesson 5 - Carat / Size

Focus on the carat weight as your primary consideration when shopping for a diamond ring.

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. 

When you're looking to buy a 1.5-carat oval diamond ring, aim for this carat range.

You should check out diamonds that range from 1.35 to 1.65 carats. This will give you a good sense of the price differences without a significant variation in size.
Hand Diamond

1 carat

Explore More Diamond Weights

Lesson 6 - Cut

Always consider the cut of the diamond as it determines its sparkle. When buying your 1.5 carat oval diamond ring, go for an ideal or excellent cut.

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

What is Cut?

The secret to a stunning oval diamond ring weighing 1.5 carats lies in the diamond's cut. It all comes down to the flawless shaping of the diamond's facets, which directly impacts its overall sparkle and brilliance.

The undisclosed secret of diamond companies

Sometimes, people think that the fanciest cut diamond, perfectly proportioned to shine the brightest, would cost the most money. But that's not always true. Believe it or not, there are times when a diamond with an average cut, but with the same weight, color, and clarity, can be sold for a higher price. It may sound strange, but poorly cut diamonds can actually look bigger, yet they lack that special sparkle and brilliance. And let's face it, a diamond without sparkle is like having a computer without a screen.

One last thing to keep in mind: go 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

Consider a diamond's shape since it can impact the sparkle of a 1.5 carat oval diamond ring, making it seem more expensive.

What is Diamond Shape?

The shape of a diamond determines its style, like round, oval, and many more. Different shapes can make a diamond appear bigger, while others highlight its sparkle and timeless beauty. Check out our shape tool in this section to discover a range of 1.5 carat diamond rings featuring various shapes.

What shape to choose?

It's a fact that certain diamond shapes can create the illusion of a larger stone, and currently, some shapes are seen as more fashionable. But when you're deciding, keep in mind that what really counts is what catches your eye and brings you the most joy. If you're unsure and don't have a specific preference, you might want to think about a brilliant cut diamond. This includes shapes like Round, Marquise, Princess, Cushion, Oval, Pear, and Radiant. While Round is the most popular choice, 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 can transform a 1.5 carat oval diamond ring into a completely unique piece.

What is setting?

The metal part of the diamond ring, commonly known as the band, is called the setting. These are usually made of gold and come in white, yellow, or rose gold colors. Another option for the band is platinum. The setting is essential in determining the overall look of your 1.5 carat oval diamond ring. It's a place where you can show your personal style. We have listed the three most popular settings below. Regardless of your preference, it is recommended to choose 14k gold. Keep reading to learn why.
The setting or band is really important for making your diamond look bigger and better. 

Ensure that your band is made of 14K gold.

Here's a crucial rule to follow. Avoid choosing 18k or 24k gold for your setting. It's better to opt for 14k gold. Despite 18k and 24k gold being more pure, they are considerably softer and prone to bending. If the setting that secures your valuable diamond bends excessively, the chance of the diamond becoming loose and falling out rises significantly. Numerous individuals have faced this issue.

Solitaire Choice - A Delicate Band Makes the Diamond Stand Out

According to polling, a sizeable diamond is on most women's wish list. Enhance the visual impact of a 1.5 carat oval diamond ring with a Solitaire setting that features a slender, delicate band. The contrast between the smaller band and the grand diamond can simulate the appearance of a larger stone. For an additional effect, opt for settings that use tiny accent diamonds along the band, adding to the ring's beauty without pulling focus from the centerpiece diamond.

Halo: Enhance the Appearance of Your Diamond with Smaller Stones Around It

If you want to make your 1.5 carat oval diamond ring appear bigger, a halo setting could be the ideal choice. In this arrangement, smaller diamonds encircle the main stone, enhancing its sparkle and making it look larger. To amplify this effect even more, you can opt for a double halo setting. When combined with a thin band, this can create the illusion of a much larger diamond, giving off a sense of opulent luxury.

Stay focused on the main diamond

Most women prefer their diamond to look big. A fancy or wide band might make the diamond seem smaller. If you want your 1.5 carat oval diamond ring to stand out, a simpler band would be a good option. But if you care more about the ring's overall design, a more intricate band might be better. Just remember, this could take away from the diamond's impressive appearance.

Build a Custom 1.5 carat oval diamond ring Starting with Our Curated Diamond Selections For The Best Deals

Creating your own custom jewelry is a one-of-a-kind project that allows you to design a piece that truly reflects your personal style and character. What's even better is that it's more affordable than buying from a store. With top brands like Brilliant Earth, James Allen, and Blue Nile at your disposal, you have the ability to customize every aspect of your ring, such as the diamond's shape and the style of the band.
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 evaluated every company, and each "Shop Now" link is set up to automatically give you the best prices for the highest quality diamonds. Basically, we use our specific criteria to find the best deals on each website for your needs. You can enjoy a wide range of options, rings made according to your preferences, and exceptional customer service.

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 1.5 carat oval diamond ring worth?

A 1.5 carat oval diamond ring is worth an average price of $6000, with a price range between $2,130 and $20,880.

How big is a 1.5 carat oval diamond ring?

A 1.5 carat oval diamond ring has a size of approximately 7.3mm in length and 5.5mm in width. In comparison, a 1 carat oval diamond ring would have a slightly smaller size of around 6.5mm in length and 4.9mm in width. On the other hand, a 2 carat oval diamond ring would be slightly larger with a size of approximately 7.9mm in length and 6.1mm in width.

What does a 1.5 carat oval diamond ring look like like on a hand?

A 1.5 carat oval diamond ring on a hand appears elegant and eye-catching. The oval shape of the diamond creates a flattering elongated effect on the finger. With a width of approximately 7.5mm, it occupies around 44.7% of the finger's width, making it a noticeable and stunning choice for an engagement ring.

What is the price of a 1.5 carat oval diamond ring?

The price of a 1.5 carat oval diamond ring falls within the range of $2,130 to $20,880.

Is a 1.5 carat oval diamond ring good enough?

Yes, a 1.5 carat oval diamond ring can be considered good enough. Oval diamonds are known for their elegant shape and can provide a beautiful appearance. The quality of the diamond, including its cut, clarity, and craftsmanship, will also play a significant role in determining its overall desirability.

Is a 1.5 carat oval diamond ring big?

Yes, a 1.5 carat oval diamond ring can be considered big. The size of a diamond is subjective, but on average, the carat weight for an oval diamond engagement ring is about 1 carat. Therefore, a 1.5 carat oval diamond would be larger than average. It would definitely catch people's attention and be noticeable on your finger. However, it is still a common size and not overly difficult to wear comfortably.

What does a 1.5 carat oval diamond ring weigh?

A 1.5 carat oval diamond ring weighs 0.3 grams.

Should I get a 1.5 carat oval diamond ring?

A 1.5 carat oval diamond ring is a popular choice because of its elegant shape, moderate size, and versatility.

Is a 1.5 carat oval diamond ring too big?

No, a 1.5 carat oval diamond ring is not considered too big.

Is a 1.5 carat oval diamond ring small?

The size of a 1.5 carat oval diamond ring can vary depending on the individual's preference. However, it is generally considered to be a medium-sized diamond. The shape of the diamond, in this case oval, can also affect how it appears on the finger.
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