Saturday, December 17, 2011

If you already have the diamond, how much does it cost to get it placed into a ring setting?

This is not for me, just cuious. I know it varies by the ring/setting you choose. Let's say either a silver or white gold ring, simple. You buy the ring and have the jeweler take your diamond and put it in the ring. How much would that cost?|||This all depends on the vendor. When we were looking at settings, some places had a $100 setting fee, others up to $400 setting fees. Some places also make you sign a waiver saying that they are not responsible for any damage that may happen to the stone while they are setting it. This is typically not a problem with diamonds because they are so hard, but can be a problem with other stones. A friend of mine bought a ruby online and had it set locally. The first ruby she bought shattered when they tried to set it! So, I'd be very careful if using a stone other than a diamond.|||It really just depends. A setting can cost anything and if you buy the setting there, they usually put the ring in for free. If you buy it somewhere else, and get a different jeweler to mount it, it depends on the difficulty of the mounting.





For example a cathedral setting is much more difficult b/c the diamond is completely surrounded. It costs more to set a 6 prong than a 4 prong. Then of course jewelers have an extreme markup on their work so it's going to cost 8 times more at Tiffany's than at a normal jeweler. So really it can be anything from like $50 to several hundred.|||If you've bought the setting and have the diamond and are having the jeweler set it, they'll have to give you a 'break out' price. Which is when they estimate how much it will cost to break out the head/prongs and adjust them to the new diamond. It also depends on the setting and how easy it is to maneuver around it. When I worked at a jewelry store, we were always having women bring in their stones to have set in a new setting and normally it wasn't expensive at all! I think the most I've seen was around $200 and that was for something that happened because the ring had a crack in it, he had to fix the gold setting before he could set the stone. But you would have to bring your diamond and the mounting into the jeweler and have them take a look at it to get a good estimate.

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