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Placeholder Engagement Rings Trending in 2023

Last updated on March 09, 2023

When you think of an engagement ring, what comes to mind? A diamond ring, perhaps? Or a gold band? 

Well, engagement ring trends for 2023 might be leaning more towards placeholder rings. That's right—instead of opting for a traditional and expensive diamond ring, more couples are choosing cheaper and more practical options they can upgrade later on. 

But why the sudden shift? And what are the trends to look out for in 2023? Read on to find out.

But First… What are Placeholder Engagement Rings?

A placeholder engagement ring is a temporary ring worn by someone engaged to be married, while waiting for the true engagement ring.

Placeholder engagement rings became popular in the US around 2008 during the recession. Many couples had to postpone their wedding plans due to financial constraints. In order to symbolise their commitment to each other, some couples chose to wear placeholder engagement rings until they could afford a more expensive diamond ring.

Today, the trend of wearing placeholder engagement rings has spread worldwide and is no longer limited to financially strained couples.  

Why Propose With a Placeholder Engagement Ring?

You're determined to find your partner the perfect engagement ring, but it's not as easy as you thought. You've combed all through Pinterest, but nothing screams that "yes" to you. You've asked your partner's best friend and mom for some clues, but their suggestions don't add up. 

You're close to giving up, and now, you have three options: take a wild guess, spoil the surprise or propose with a placeholder engagement ring. 

Our advice? That's where placeholder engagement rings come in!

A placeholder engagement ring takes off the pressure of choosing the perfect ring right away. Plus, it’s a great choice if you have a picky partner and you know they’d prefer to choose their rings. Also, if you have no idea what your partner’s ring size is, it’s safe to use a placeholder engagement ring.

The Top 5 Placeholder Engagement Rings for 2023

Ring shopping is gradually becoming a couple's effort rather than a one-person thing like before. 

With a placeholder ring, you can still have the perfect proposal without ruining your partner’s ring preference. So, if you're on the hunt for a placeholder engagement ring that will trend in 2023, look no further! Here are the top 5 rings that are sure to be all the rage:

1. The Solitaire Ring

This classic style features a single gemstone set in a simple band. It's perfect for those who want a timeless look that will never go out of style. A solitaire ring brings all the attention to a sparkling centre stone.

Photo by The Glorious  Studio

2. Trilogy Rings

Trilogy designs remain a classic, and we’d definitely see more of them in 2023. As the name denotes, this ring design has three stones set along the band. Each stone signifies the past, present and future. It’s the perfect placeholder ring to remind your lover of how far you’ve both come and what the future holds.

3. Toi et Moi Rings

Toi et Moi is the French word for “you and me,” and the ring carries so much sentimental value as a placeholder. It features two different shapes of gemstones in one ring. 

3Photo by Engin Akyurt: 

Toi et Moi rings are growing increasingly popular, and we should see more upgraded designs in 2023. 

4. The Halo Ring

The halo ring never goes out of style. It has a central gemstone surrounded by a "halo" of smaller gems. It's a popular choice for those who want an extra sparkle on their finger. The stone could be sapphire, quartz, emerald, ruby, topaz or several others.

Placeholder-Engagement-Rings-Trending-in-2023Photo by Sabrianna

5. The Plain Band Ring

The plain band is perhaps the most basic placeholder engagement ring style. Plain bands are pretty mature and without any fancy design. They are timeless and can hardly ever go out of style. We’ll see plain bands in 2023 and beyond. That’s for sure.

6Photo by Git Stephen Gitau: 

How to Choose a Placeholder Engagement Ring

If you’re unsure of the engagement ring your partner would love, it’s safe to go with a placeholder engagement ring. Then, later on, you can both choose a more befitting ring.

Here's how to choose the right one for you:

  1. Decide on a style: There are many styles of placeholder engagement rings, from simple solitaire designs to more elaborate styles with multiple gemstones. Consider the type of jewellery your partner wears on a regular day. Is it gold, silver, platinum or other gemstones?

  2. Choose a symbolic ring: Even though it's just a placeholder, your ring should mean something. Consider proposing with a birthstone ring

  3. Consider your budget: Ideally, your placeholder shouldn’t be too expensive, since you’ll still get a better engagement ring later. Placeholder rings can range in price from a few hundred dollars to a few thousand, so it's best to set a budget before shopping. 

  4. Shop around: Don't just settle for the first ring you see. Take some time to shop around and compare prices before making your final decision.

Frequently Asked Questions

Why is it Called a “Placeholder”?

A placeholder engagement ring is worn by a person who has been proposed to. The ring serves as a “placeholder,” while the person awaits the real engagement ring.

Why Are Placeholder Engagement Rings Trending?

For one, the cost of engagement rings has been rising recently, making it difficult for some people to afford an expensive ring up front. Also, more couples now prefer to choose engagement rings together, rather than leaving it to one person to decide. 

What Are Placeholder Engagement Rings Made Of?

The most popular placeholder engagement rings are made from sterling silver with a zirconia stone on top. However, other designs include simple gold bands, solitaire and halo rings. The gemstones are often sapphire, topaz, emerald, quartz, ruby and several others. It could also be a diamond as well.

Final Thoughts

Placeholders maintain the surprise of a proposal and allow both partners to be actively involved in choosing their preferred engagement ring.

And when you do get your preferred engagement ring, don’t forget to get standalone jewellery insurance cover for that pretty ring! With JewelCover, your ring is covered for theft, loss or damage worldwide. 

Protect your engagement ring and have peace of mind with JewelCover. Ready to get started? Then contact us or get a quick quote today.

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