Princess cut diamonds are the second most popular shape diamond for engagement rings. They are a wonderful option for people that like the brilliance of a round diamond but prefer a more square appearance. They will appear smaller than round diamonds, though, due to their shape and typically greater depth. The top of a Princess-cut diamond is either square or rectangular, while the bottom looks like an inverted pyramid. Princess cut diamonds are a relatively new diamond cut and were specifically designed to maximize brilliance. This is largely due to the fact that they are cut to follow the natural crystalline structure of the diamond. They also offer great value per carat, as more of the rough diamond is preserved in the cutting process. Princess diamonds are cut to achieve the highest degree of brilliance and offer maximum light return.
Square-cut or Asscher-cut, diamonds are a popular diamond shape that are characterized by a step cut. This cut results in less light return when compared to their more brilliant alternatives, but offers a more vintage appeal. Square-cut diamonds feature cropped corners, which give it a unique, almost octagonal shape. Square-cut diamonds became very popular during the 1920s and as a result, are a desirable diamond cut for a vintage looking engagement ring.