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Explore Q Report's Content Centre for expert advice on jewellery insurance. You can also read e-guides and blogs, watch videos and more.

Explore Q Report's Content Centre for expert advice on jewellery insurance. You can also read e-guides and blogs, watch videos and more.

Jewellery, engagement ring & watch advice, plus insurance tips & industry insights. 

Watch expert tips, discover insurance benefits & hear real customer stories. 

Find answers to common questions about jewellery, engagement ring & watch insurance. 

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Should You Buy a Moissanite Engagement Ring?

Q Report Team

Updated on March 19, 2025
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Gone are the days when engagement rings were a one-size-fits-all affair! Today's couples are increasingly seeking alternatives that reflect their values and personalities. 

While diamonds have held a long-standing tradition, there's a growing desire for ethically sourced stones that still deliver that undeinable sparkle and romance.

Enter Moissanite! This dazzling gemstone is becoming an increasingly popular choice, with a 2023 survey by The Knot revealing that 46% of engagement rings now feature lab-grown gemstones like moissanite. 

This guide shares everything you need to know about moissanite engagement rings, helping you decide if this brilliant stone could be the perfect choice for you!

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Gone are the days when engagement rings were a one-size-fits-all affair! Today's couples are increasingly seeking alternatives that reflect their values and personalities. 

While diamonds have held a long-standing tradition, there's a growing desire for ethically sourced stones that still deliver that undeinable sparkle and romance.

Enter Moissanite! This dazzling gemstone is becoming an increasingly popular choice, with a 2023 survey by The Knot revealing that 46% of engagement rings now feature lab-grown gemstones like moissanite. 

This guide shares everything you need to know about moissanite engagement rings, helping you decide if this brilliant stone could be the perfect choice for you!

Table of Contents

What is Moissanite?
Why Choose Moissanite for Your Engagement Ring?
Exploring Moissanite Cuts, Clarity, Colour & Comparison to Diamonds
How to Care for a Moissanite Engagement Ring
A Guide to Buying a Moissanite Engagement Ring in Australia
Making the Choice: Moissanite vs. Diamonds
The Final Say: Why We Believe Moissanite Engagement Rings are the Perfect Choice for Today’s Ethical Couples

What is Moissanite? 

diamond reflection

The history of Moissanite is a fascinating story. Discovered in 1893 by French chemist Henri Moissan in a meteorite crater, it was initially mistaken for a diamond. Later identified as a distinct mineral, silicon carbide, moissanite is now typically created in labs. Through a high-temperature, high-pressure process that mimics its natural formation, silicon carbide crystals are grown, resulting in a stunning gemstone. Today, moissanite's lab-grown origin makes it a popular choice for those seeking an ethical and environmentally friendly alternative to mined diamonds.

Why Choose Moissanite for Your Engagement Ring?

diamond engagement ring

Moissanite boasts a unique combination of brilliance, ethics, and affordability. Here's a closer look at the advantages you could enjoy:

Beautiful Sparkle & Unmatched Durability

Moissanite's brilliance can often surpass diamonds due to its high refractive index. This means it throws off more light, creating a captivating display of rainbow "fire" that's sure to turn heads. Remarkably hard, moissanite ranks second only to diamonds on the Mohs scale, so you can assured your ring will handle daily wear an tear with ease. 

Ethical and Sustainable Choice

Unlike mined diamonds, which can be associated with environmental damage and conflict, moissanite is lab-grown. This eliminates ethical concerns and minimises environmental impact. It's a perfect choice for the eco-conscious couple seeking a beautiful ring with a clean conscience.

Exceptional Value for Money

Moissanite engagement rings are significantly more affordable than their diamond counterparts. While lab-grown diamonds are an option, mimicking the extreme natural formation process makes them more expensive than lab-grown moissanite. This means you can secure a larger, more dazzling stone for a fraction of the price.

Exploring Moissanite Cuts, Clarity, Colour & Comparison to Diamonds

wedding rings

While moissanite and diamonds appear nearly identical to the untrained eye, there are a couple of subtle distinctions which many couples love: 

  • Fire and Colour: Moissanite boasts a higher refractive index (2.65-2.69) compared to diamonds (2.42). This translates to more sparkle and fire, the flashes of rainbow colours you see in a gemstone. Some moissanite stones may have a slight yellow tint, though colourless options are available, usually at a higher price. 
  • Classic Elegance or Modern Flair: Whether you envision a timeless solitaire setting or a more modern halo design, moissanite can be crafted to match your taste. Round cuts are popular for their classic beauty, while princess cuts offer a touch of contemporary edge. Explore your choice of cuts in our blog, How to Pick Diamond Shapes for an Engagement Ring.
  • Comparison to Diamonds: For most people, the visual difference between moissanite and diamonds is indistinguishable. In fact, moissanite's brilliance can even make it appear more dazzling in certain lighting conditions!

How to Care for a Moissanite Engagement Ring

wedding rings in white petals

Moissanite's brilliance isn't its only strength. This gemstone boasts exceptional durability, ranking 9.25 on the Mohs scale of mineral hardness, making it a perfect choice for an engagement ring that will sparkle for a lifetime. 

It’s remarkable hardness translates to exceptional resistance to scratches and chips. This benefit, combined with engagement ring insurance, can cover your ring against the wear and tear of daily life.

Caring for your moissanite engagement ring is refreshingly simple. Unlike some gemstones, moissanite doesn't ususally require specialist care or professional cleanings. To maintain its brilliance, a simple soak in warm, soapy water followed by a gentle polish with a soft cloth is all it takes. This makes moissanite a low-maintenance gemstone, perfect for those with busy lifestyles!

A Guide to Buying a Moissanite Engagement Ring in Australia

pair of wedding rings

Whether you’re searching for an affordable moissanite engagement ring or something dazzling that will wow your partner, there a plenty of specialist jewellers that offer stunning moissanite engagement rings in Australia. Here are some answers to frequently asked questions and some tips on finding the perfect jeweller: 

How much does a Moissanite engagement ring cost? 

Choosing moissanite for engagement rings is considerably more budget-friendly than diamond rings. For instance, a stunning 1-carat moissanite stone typically costs between $500 to $800, while a diamond of the same size can set you back a whopping $4,000 to $8,000! This significant price difference means you can achieve that dazzling look without breaking the bank. Plus, with larger moissanite stones like 4 carats, sometimes costing under $1,000, you can truly create a show-stopping ring that stays within your budget.

Which jewellers offer moissanite engagement rings in Australia? 

Moimoi offers the largest selection of moissanite engagement rings in Australia as part of its SUPERNOVA collection. With prices starting from around $1200, you’ll be sure to find the perfect budget-friendly option. 

Cullen Jewellery offers a sparkling selection of moissanite engagement rings, alongside custom design options that allow you to select your setting, stone, metal and more. It’s the perfect option for creating a unique and alluring engagement ring for your partner. 

Temple and Grace is another popular choice for moissanite engagement rings in Australia. Their diverse collection represents classic craftsmanship and attention to detail. With a huge selection of rings to explore online, you and your partner will be spoilt for choice!

What should I consider when choosing a jeweller?

Choosing a jeweller involves trust and expertise. Look for a reputable jeweller with a history of happy customers. Consider their selection of moissanite rings, their knowledge of the gemstone, and their ability to answer your questions clearly. Competitive pricing and transparent policies on warranties and returns are also important factors.

Can I create a custom Moissanite engagement ring? 

Absolutely! Many jewellers offer custom moissanite engagement ring design. Discuss your vision with them, from the stone size and cut to the setting style. They can use your ideas or existing designs as inspiration to create a unique ring that reflects your love story perfectly.

Making the Choice: Moissanite vs. Diamonds

engagement ring inside green box

Ultimately, the decision between moissanite and diamonds comes down to your individual priorities. Here a five questions to consider when selecting your stone: 

  • Value and Ethics: If affordability and ethical sourcing are important to you, moissanite is a compelling choice. You get exceptional value for money and a beautiful stone with a clean conscience.
  • Traditional Value and Resale: Diamonds hold a certain traditional value and may have a higher resale market compared to moissanite. However, this is a consideration for the future, while the emotional significance of your ring endures.
  • Personal Style: Both moissanite and diamonds come in a variety of cuts, shapes, and settings. Consider your partner's taste and what style would complement their personality best.
  • Durability & Maintenance Both moissanite and diamonds are incredibly hard and resistant to scratches. However, moissanite is slightly less hard (9.25 Mohs vs. 10 for diamonds). This shouldn't be a dealbreaker for everyday wear, but it's a consideration for very active lifestyles.
  • Budget: Moissanite offers exceptional value for money, allowing you to explore larger stones or more intricate settings within your budget.

The Final Say: Why We Believe Moissanite Engagement Rings are the Perfect Choice for Today’s Ethical Couples

At Q Report, we believe an engagement ring should be a reflection of your unique relationship and the values you both hold.

Moissanite's brilliance and affordability offer real advantages to diamonds, and its ethical lab-grown origin and eco-friendly nature resonate with many modern couples. Whether you're captivated by moissanite's fiery display or drawn to its ethical sourcing, we believe it's a fantastic choice for an engagement ring.

To ensure your dazzling moissanite engagement ring is covered, consider Q Report’s engagement ring insurance, which covers loss, theft, or damage. With moissanite's brilliance and Q Report insurance, your dream engagement ring becomes a reality, ready to be cherished for a lifetime. Get your free engagement ring insurance quote online today. 

Purchase Amount

To get an accurate insurance quote, please provide the amount from your purchase receipt.

Don't have the receipt?

If you don't have the receipt, you can provide the most recent valuation amount instead.

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