Got Diamond Questions?
Our community of diamond experts are here to provide answers
Sign in to follow this  
Missy.wn

Over My Head....resetting Diamonds

Recommended Posts

My boyfriend and I just spoke to a local jeweler that quoted us $750 to remove and set 12 round and a marquise center stone in a "classic side stone" engagement ring setting in white gold. Currently the round stones are channel set and the marquise stone is traditionally set. They will give is approximately $70-$80 credit for the gold in the old ring (not subtracted from the price mentioned above). Neither of us are familiar enough with this type of thing, is this a fair price?

Share this post


Link to post
Share on other sites

So does that 750 include the new mounting? If so, and considering the labor and materials both in the mounting itself and to remove and reset the diamonds you have, I don't think it sounds unreasonable. AND, some jewelers won't deal with channel setting because it's more difficult/involved than, say, prong setting, so some of that is the expertise (and what I call the PITA factor) to do it right.


Diamonds Graduate, Pearls Graduate, AJP GIA

Share this post


Link to post
Share on other sites

Cannot answer the first part of your question without knowing more. As Laurie points out, does the $750 include the new ring, or is the money purely for the setting work? How complex is the new setting? What does "classic side stone" mean? ("classic side stone" for me means 3 stones: one centre and two sides, so with 12 you are definitely different).

 

One thing that sounds distinctly ungenerous is the offer on your old setting. Gold came down in price recently, but it's still around $50/gram of fine gold at scrap value (or $38 per gram of 18k, or $30 per gram of 14k). Channel settings are normally relatively hefty, so I imagine there are more than 2 or 3 grams in the old ring. If I were you, I would thank them, and ask to be given the old setting back, then sell it to a scrap dealer - the best ones will give you as much as 98% of the current market price of gold (from which the prices above).


Davide - Specialised Consumer Information and Assistance,
Diamonds by Lauren (http://www.diamondsbylauren.com)
davide@diamondsbylauren.com

Share this post


Link to post
Share on other sites

Basically the ring will have the small stones set down both sides of the band and the Marquis set in a standard 6 prong head. The price does include the new ring and labor. I tried to upload a picture but couldn't.

Share this post


Link to post
Share on other sites

I tried to upload a picture but couldn't.

 

What happened? Let me know if you think the issue is with the site.


Hermann

Moderator

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this