Resetting a diamond ring can be a great way to update its style, fix a damaged setting, or simply breathe new life into an old piece of jewelry. However, many people are hesitant to have their diamond rings reset due to concerns about the cost. In this article, we will explore the factors that can impact the cost of resetting a diamond ring, as well as give you a better understanding of what to expect when you take the plunge and reset your precious piece of jewelry.
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Type of Setting
One of the biggest factors that can impact the cost of resetting a diamond ring is the type of setting that is used. Simple prong settings are typically less expensive than more intricate settings, such as pave or channel settings. The cost can also vary depending on the number of diamonds to be reset and their size.
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Type of Metal
The type of metal used for the new setting can also impact the cost. Precious metals like platinum and gold are more expensive than other metals like silver or stainless steel. The cost can also vary depending on the purity of the metal, with higher purity metals commanding a higher price.
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Jeweler Fees
The cost of resetting a diamond ring can also include jeweler fees. These fees can vary depending on the complexity of the job, the experience of the jeweler, and the location of the jewelry store. It’s important to get quotes from several jewelers to ensure that you are getting a fair price.
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Insurance
If your diamond ring is valuable, it’s important to consider insurance when resetting it. This can add to the overall cost of resetting the ring, but it can also provide peace of mind knowing that your valuable piece of jewelry is protected.
In summary, the cost of resetting a diamond ring can vary widely depending on factors such as the type of setting, the type of metal used, the fees charged by the jeweler, and any insurance costs. It’s important to do your research and get quotes from several jewelers to ensure that you are getting a fair price for the job. Ultimately, the cost of resetting a diamond ring is a small price to pay for the pleasure of wearing a beautiful and updated piece of jewelry that you love.
