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1.5 carat princess cut diamond ring Buying Guide

Save $9,992 with our handy guide.
This helpful guide will show you the best way to save money when buying a 1.5 carat princess cut diamond ring. We will advise you on what is worth spending more on and what doesn't need a big investment. Additionally, we'll share insider tips on where to find that special ring, or maybe an even better one.
Skip the lessons and going straight to shopping.
We have done all the research and found the best deals on 1.5 carat princess cut diamond rings from top online stores. You can check out our carefully selected collection 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 1.5 carat princess cut diamond ring for the lowest price.

In the upcoming lessons, we will show you how to make your 1.5 carat princess cut diamond ring look bigger and more dazzling without spending too much money. We will provide you with helpful tips to prevent diamond companies from taking advantage of you.
Average Price
$7,399.71
Price Range
$2,930-$15,420
Our Max Savings
$9,992
Lessons 1-4  ∴  Save Money 
Lessons 4 & 5  ∶  Spend Money 
Lessons 6-8  ∴  Personalize & Decide 
⤫ 40% Cash Savings

Lesson 1

Buying Online

Purchasing diamond rings online can help you save a significant amount of money. In brick-and-mortar stores, you might end up paying up to 40% more, and they usually have limited options to choose from.
$6,940 Cash Savings

Lesson 2

Clarity

Our clarity tips can assist you in reducing diamond ring expenses by 50%. We are dedicated to educating you on effective money-saving techniques.
$1,850 Cash Savings

Lesson 3

Color

The color of a diamond has a big impact on its price. We're here to help you understand how and when you can use this factor to save money.
⤫ 85% Cash Savings

Lesson 8

Lab Grown

Lab-grown diamonds can give you an amazing 85% discount on a 1.5 carat princess cut diamond ring. However, it's important to note that reselling them might be a challenge.
☺ 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 is the most important factor that determines its appearance. It's not advisable to compromise on this aspect to save money because it is what gives the diamond its sparkle and brilliance.
≔ Personalize

Lesson 6

Shapes

Each shape gives a diamond ring a distinct look when it catches the light. We will show you how each shape appears and shines.
≔ Personalize

Lesson 7

Setting / Band

If you choose a band with just one diamond, it can save you money and make your diamond appear larger. However, personal preference also plays a role in making this decision.

Lesson 1 - Buy Online
Up to 40% savings here

Buy your 1.5 carat princess cut diamond ring online and save up to 40% on your bill.

Looking for a clever way to purchase your engagement ring? Give online shopping a shot! You can score savings of up to 40% at popular stores like Blue Nile and James Allen, in comparison to brick-and-mortar retailers. Plus, you'll have access to a wider range of options and greater customization choices. It's a win-win situation! Get the ring of your dreams at a price that will make you smile.

To start creating the most affordable and high-value 1.5 carat princess cut diamond ring right away, simply click on the 'shop now' links provided below.

Are you ready to start shopping? Any of our links will take you to the best online diamond companies where you can find affordable, high-quality diamonds from trusted sources.

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

Diamond Clarity is the biggest pricing factor when shopping for a 1.5 carat princess cut diamond ring.

⊗ Up to $9,940 savings with these tips
Watch us save thousands of dollars by simply selecting the right clarity range.

What is Clarity?

The clarity of a diamond is a term used to describe how visible its imperfections are. However, it's important to remember that "visible" typically means visible when looking at the diamond through a 10x magnifying glass. The clarity scale goes from 'flawless' (FL) to 'included' (I), and there are also grades in between like VS1 (Very Slightly Included), VS2, and SI1 (Slightly Included). Diamonds in these categories often have imperfections that can only be seen under 10x magnification. Therefore, to the naked eye, they will generally appear completely clear, making sure your ring looks flawless to everyone who sees it!

Optimal Clarity Range for a 1.5 carat princess cut diamond ring

By choosing a diamond in the VS2-SI1 clarity range for your 1.5 carat princess cut diamond ring, you could save a significant amount, up to $9,940 off the total price. We suggest considering the VS2 clarity grade, as it offers a great balance between price and clarity. However, don't dismiss SI1 diamonds, as with just a few minutes of searching, you can come across ones that seem 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 - $16,962 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 $8,485 - $11,327 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

IF - Internally Flawless

Cost - $15,420 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 $6,943 - $9,785 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VVS1

Cost - $15,260 The diamond is nearly flawless, but considering its cost, it's still overly expensive. Savings - You could save $6,783 - $9,625 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VVS2

Cost - $15,420 These diamonds are really beautiful, but we recommend opting for a lower clarity option since our eyes can't tell the difference. Savings - You could save $6,943 - $9,785 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VS1 - Very Slightly Included

Cost - $9,091 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 $614 - $3,456 with a VS2, SI1, or SI2 diamond

‹ drag left or right ›

VS2 - Very Slightly Included

Cost: $8,477 Total Savings: $614 - $6,943 This diamond clarity is the perfect blend of quality and affordability. The majority of these diamonds are flawless to the naked eye, meaning you won't be able to spot any imperfections in them.
‹ drag left or right ›

SI1 - Slightly Included

Cost: $7,022 Total Savings: $2,069 - $8,398 You won't find a better deal on diamond clarity than this one. However, it's important to keep in mind that not all SI1 diamonds are identical in appearance. While some may not meet your specific preferences, many of them are truly breathtaking and could easily be mistaken for a higher quality diamond, like a VS2.

Lesson 3 - Color

When looking for a princess cut diamond ring weighing 1.5 carats, the diamond's color has a significant impact on its price.

⊗ Up to $2,613 savings with these tips
Watch us save thousands by purchasing diamonds in the right range

What is Color?

Diamonds can come in various shades, ranging from yellowish to completely colorless. The Gemological Institute of America (GIA) ranks diamonds on a scale from D (colorless) to Z (yellow or brown). Most jewelry diamonds fall into the G-H category, which means they have a slight amount of color. However, these color traces are only noticeable when compared to higher-graded diamonds like D, E, or F. While larger diamonds may show more noticeable color, a princess diamond in the G-H category will still appear almost colorless and will be less expensive than a D-grade diamond, which is completely colorless.

Optimal Color Range For A 1.5 Carat Princess Cut Diamond Ring

Selecting the appropriate color grade for a 1.5 carat princess cut diamond ring can lead to significant cost reductions. Instead of spending a fortune on diamonds graded D-F, consider opting for a diamond within the G-J range. This decision can still produce a breathtaking piece while saving you up to $2,613, in addition to potential savings from making astute choices regarding clarity.
Clearest Color
Best Value
Sometimes Ok
D
E
F
G
H
I
J
< drag left or right >

D color

Cost - $8,426 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 $1,428 - $1,847 with a G or H colored diamond
‹ drag left or right ›

E color

Cost - $7,921 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 $922 - $1,342 with a G or H colored diamond
‹ drag left or right ›

F color

Cost - $7,446 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 $447 - $867 with a G or H colored diamond
‹ drag left or right ›

G color

Cost - $6,999 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 $420 with an H colored diamond
‹ drag left or right ›

H color

Cost - $6,579 Total Savings: $420 - $1,847 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 - $6,184 Total Savings: $815 - $2,242 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 - $5,813 Total Savings: $1,186 - $2,613 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 $6,700 on your 1.5 carat princess cut diamond ring by opting for a lab grown diamond.

Lab-grown diamonds, made through artificial means, possess identical visual characteristics to their naturally occurring counterparts, yet they are produced in a manner that is more environmentally friendly and morally sound. Moreover, their enhanced accessibility offers a more economical option, as a lab-grown diamond can be up to 85% less expensive than a similar naturally formed diamond.

If you find yourself in a situation where you have to sell your 1.5 carat princess cut diamond ring, choosing a lab-grown diamond can help minimize your financial loss.

Selecting the appropriate color grade for a 1.5 carat princess cut diamond ring can lead to significant cost reductions. Instead of spending a fortune on diamonds graded D-F, consider opting for a diamond within the G-J range. This decision can still produce a breathtaking piece while saving you up to $2,613, in addition to potential savings from making astute choices regarding clarity.
Explore Lab Grown 

Lesson 5 - Carat / Size

Focus on the carat weight when you're shopping for a diamond ring.

Why is Carat Important?

Imagine a diamond ring for a moment. What stands out the most? It's definitely the size of the main diamond! Women agree on this - surveys show that size is the most important factor. That's why our budget recommendation is straightforward: pay attention to the carat weight, which directly determines the size.
Watch us compare sizes and help you visualize what you want. 

When you are shopping for a princess cut diamond ring with a size of 1.5 carats, consider selecting from this specific carat range.

We suggest considering diamonds that are between 1.35 and 1.65 carats. This will give you a variety of prices to compare without a significant difference in size.
Hand Diamond

1 carat

Explore More Diamond Weights

Lesson 6 - Cut

When purchasing your 1.5 carat princess cut diamond ring, keep in mind that the cut of the diamond determines its sparkle and shine. Opt for an ideal or excellent cut to enhance its beauty.

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

What is Cut?

When you're looking for the most beautiful 1.5 carat princess cut diamond ring, it's important to consider the cut. The way the diamond is cut affects how it shines and sparkles. The cut refers to how precisely the angles of the diamond are crafted to ensure perfection.

The behind-the-scenes truth about diamonds

Many people assume that a diamond with an 'Ideal' cut, which is renowned for its incredible sparkle due to its perfect proportions, will always be the priciest option. However, this is not always the case. In certain situations, a 'Fair' cut diamond with similar carat, color, and clarity may actually come with a higher price tag. This happens because poorly cut diamonds can appear larger but lack the sparkle and brilliance that you desire. Simply put, a diamond without sparkle is akin to a clock without hands.

Remember this final advice: stick with GIA Certified Excellent Cut Diamonds (commonly called "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 1.5 carat princess cut diamond ring.

What is Diamond Shape?

When we mention the diamond shape, we're talking about its style, such as round, oval, or princess. There are many other shapes that exist, each giving the diamond a distinct look. Certain shapes can create the illusion of a larger diamond, while others enhance its brilliance and offer a timeless charm. In this section, you can explore a variety of 1.5-carat diamond rings with different shapes by utilizing our shape tool.

What shape to choose?

It's important to recognize that certain diamond cuts can give off the illusion of a bigger gem, and there are some cuts that are currently in style. Nevertheless, the most important decision is the one that truly speaks to you. If you're unsure about which cut to go for, think about getting a brilliant cut diamond. This includes shapes like Round, Marquise, Princess, Cushion, Oval, Pear, and Radiant. Out of all these options, Round diamonds are the ones that get chosen most frequently, while Oval and Marquise cuts can make a diamond look bigger without increasing the 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 of a 1.5 carat princess cut diamond ring can significantly affect its visual appeal.

What is setting?

The part of the diamond ring that is made of metal, which is usually called the band, is called the setting. Usually, it is made of gold and comes in white, yellow, or rose colors. You can also choose a platinum band. The setting is very important to how the 1.5 carat princess cut diamond ring looks overall. This is where you can show off your own personal style. Below, we have listed the three most popular settings. No matter which setting you choose, we recommend going with 14k gold. Keep reading to find out why we suggest this.
The setting or band is really important for making your diamond look bigger and better. 

Go with a 14K gold band for your ring.

Remember this important guideline. Don't use 18 karat or 24 karat gold for your setting. Go with 14 karat gold instead. Even though 18 karat and 24 karat gold are more pure, they are noticeably less durable and prone to bending. If your precious diamond's setting bends too easily, there's a significant risk of the diamond becoming loose and falling out. This is a common problem for many people.

Solitaire - A Great Band for a Flashier Diamond Presentation

Poll results indicate that most women have a preference for large diamonds. A way to highlight the size of a 1.5 carat princess cut diamond ring is by choosing a Solitaire setting with a fine, delicate band. The difference in size between the tiny band and the large diamond can generate an illusion of an even bigger stone. Adding small accent diamonds along the band can also amplify this effect, providing decorative detail without overshadowing the central diamond.

Halo: Give Your Diamond the Illusion of Size with a Bunch of Smaller Ones

To make a 1.5 carat princess cut diamond ring appear larger, you should check out the halo setting. This setting encircles the main diamond with smaller ones, giving it a brighter shine and making it seem bigger. For an even more impressive look, think about the double halo setting. When paired with a slender band, it can create the illusion of a much larger diamond, giving off a more magnificent vibe for the ring.

The main diamond should be the focal point.

Many women want a big-looking diamond. If the band is too fancy or wide, it can take away from the diamond's size, making it seem smaller. If you want your 1.5 carat princess cut diamond ring to really stand out, a simpler band could be a good choice. However, if you appreciate the whole design of the ring, a detailed band might be your preference, but keep in mind that this could make the diamond seem less impressive.

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

Crafting a customized piece is a personal endeavor, offering the opportunity to design a jewelry item that truly showcases your individual taste and personality, all at a price that is much more affordable than typical store prices. With renowned leaders in the industry such as Brilliant Earth, James Allen, and Blue Nile, you are given the flexibility to personalize every aspect of your ring, from the diamond's shape to the band's design.
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Watch us take you through the entire building process on our favorite websites.

Feel free to make your purchase online from our reliable partners. Each link will lead you to the best deal available for a diamond ring.

We've collaborated with all the brands, and each Shop Now link is set up to find you the best price for the highest quality diamonds. To put it simply, it provides you with our exact settings on each website to discover the best deals for your needs. Take advantage of a wide selection, personalized rings, and exceptional customer support.

Our Money Saving Links

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

Ease of Use
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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. 

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Frequently Asked

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

How much is a 1.5 carat princess cut diamond ring worth?

A 1.5 carat princess cut diamond ring is worth an average price of $7,400, with a price range of $2,930 to $15,420.

How big is a 1.5 carat princess cut diamond ring?

A 1.5 carat princess cut diamond ring has a size of approximately 6.5mm. This size is slightly smaller than a 2 carat princess cut diamond ring, which measures around 6.8mm in diameter. On the other hand, it appears slightly larger than a 1 carat princess cut diamond ring, which has a diameter of approximately 6.2mm.

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

A 1.5 carat princess cut diamond ring on a hand appears elegant and eye-catching. The princess cut diamond has a square shape with pointed corners, creating a modern and sophisticated look. The width of a 1.5 carat princess cut diamond is approximately 6.5mm, which takes up around 38.6% of the finger's width.

What is the price of a 1.5 carat princess cut diamond ring?

The price of a 1.5 carat princess cut diamond ring ranges from $2,930 to $15,420.

Is a 1.5 carat princess cut diamond ring good enough?

Yes, a 1.5 carat princess cut diamond ring can be considered good enough. Princess cut diamonds are known for their brilliance and modern appeal. A 1.5 carat size is also substantial and can provide a beautiful sparkle. However, the overall quality of the diamond, including its cut, clarity, and craftsmanship, will also play a significant role in determining its desirability.

Is a 1.5 carat princess cut diamond ring big?

Yes, a 1.5 carat princess cut diamond ring can be considered big. The size of a diamond is subjective, but generally, a 1.5 carat diamond is larger than the average carat weight for an engagement ring. Princess cut diamonds tend to have a slightly smaller face-up appearance compared to round diamonds, so a 1.5 carat princess cut diamond can still look substantial on the finger. It would likely be noticeable and eye-catching. However, it's important to note that personal preferences vary, and what one person considers big might differ from another person's perspective.

What does a 1.5 carat princess cut diamond ring weigh?

A 1.5 carat princess cut diamond ring weighs 0.3 grams.

Should I get a 1.5 carat princess cut diamond ring?

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

Is a 1.5 carat princess cut diamond ring too big?

A 1.5 carat princess cut diamond ring is not considered too big. The princess cut is known for its elegant and timeless appeal, and a 1.5 carat size is quite popular among buyers.

Is a 1.5 carat princess cut diamond ring small?

A 1.5 carat princess cut diamond ring can be considered small depending on personal preferences. The size of the diamond will appear differently on different sized fingers. Additionally, the cut of the diamond can also affect its perceived size.
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