Having a diamond reset can range in cost quite a bit depending on the specifics of the ring and the work required. Some of the main factors that impact the price include the type, size and quality of the center diamond, the intricacy of the setting, the type of metal used, and any additional diamonds or gemstones. Resetting a solitaire diamond in a simple metal band can often be done for a few hundred dollars, while resetting a large, high-quality diamond in an elaborate setting with multiple accent stones will run into the thousands. Let’s take a closer look at the key considerations when estimating the cost of a diamond reset.
Size of the Center Diamond
One of the biggest drivers of the cost to reset a diamond is the carat size of the center stone. Larger diamonds require more advanced skills, time and care to properly set, so the price goes up accordingly. Here are some average price ranges for resetting diamonds of different carat sizes:
- 0.5 carat – $150 to $300
- 1 carat – $300 to $600
- 2 carats – $600 to $1,200
- 3 carats – $1,200 to $2,500
- 5 carats – $2,500 to $5,000
These prices can fluctuate based on the other factors discussed, but generally demonstrate how much of an impact the diamond’s size has. As the carat weight increases, the precision and time required to properly secure the diamond also goes up.
Quality of the Diamond
Beyond just the carat weight, the actual quality of the diamond plays a role in resetting costs as well. Higher quality diamonds with better color, clarity, cut and sparkle demand more care and expertise when being set. The setting also has to properly complement the diamond. Here are some examples of price differences based on diamond quality:
- 1 carat, Low quality – $300 to $500
- 1 carat, Medium quality – $500 to $800
- 1 carat, High quality – $800 to $1,200
As you can see, a higher quality 1 carat diamond may cost 2-3 times more to reset than a lower end 1 carat diamond. This accounts for the extra precautions and skill needed to properly showcase the diamond’s superiority.
Type of Setting
The intricacy and complexity of the setting also significantly impacts the price of a diamond reset. Simple solitaire and three stone settings tend to be on the lower end, while more elaborate halo, vintage, or multi-stone settings raise the price. Here are some typical price ranges based on setting type:
- Solitaire – $200 to $400
- Three stone – $300 to $600
- Pave band – $500 to $1,000
- Halo setting – $800 to $1,500
- Vintage/antique – $1,200 to $2,500+
The more diamonds, angles, alignment work, and structural supports involved, the more it costs to reset in that style. Delicate settings like halos and pave also require precise sizing and placements to secure diamonds properly and prevent future loosening or falling out.
Metal Used in Setting
The type of metal chosen for the ring setting is another pricing factor for a diamond reset. Gold is the most traditional, either 14K or 18K, but platinum has grown in popularity as well. Here’s an overview:
- 14K yellow gold – Less expensive, softer metal
- 18K yellow gold – More pure gold content, costs more
- Platinum – Most expensive, more durable
- White gold – Similar to yellow gold cost
Platinum costs about 50% more than 18K gold because it is more rare and durable. The purity and workability of the gold also impact the price, with higher karats being more expensive. The jeweler’s time and effort resetting in each metal influences cost as well.
Addition of Accent Diamonds/Stones
Any additional diamonds or colored gemstones included in the reset setting will also raise the overall price. The more intricate the design and types of stones, the more it will cost. Here are some examples:
- Small accent diamonds – $100-$300 additional
- Pave diamonds band – $500-$1,000 additional
- Colored gemstones – $200-$500 additional
- Large accent stones – $500-$2,000 additional
The size, quality, and number of extra stones needs to be factored in. The complexity of incorporating them into the setting with proper alignments, supports, and security also increases labor and time costs.
Jeweler Craftsmanship & Reputation
The level of skill, experience, and reputation of the jeweler performing the reset also impacts the overall project cost. High-end jewelry stores with master jewelers will charge more than a basic mall jeweler for example. Here’s an overview of price differences based on jeweler type:
- Mall retail jeweler – Lower pricing, less experience
- Local/independent jeweler – Moderate pricing, good skills
- High-end jewelry brand – Higher pricing, exceptional quality and service
- Custom/bespoke studio – Top level pricing, master jewelers
You want an experienced jeweler for resetting valuable diamonds, so the cost reflects their expertise. Custom studios charge premium rates but offer the highest quality end product.
Location of the Jeweler
In addition to jeweler reputation, their geographic location and overhead costs also get calculated into pricing. Here are some examples of cost differences based on location:
- Small rural town – Lower pricing, less overhead
- Suburban mall store – Middle range pricing
- Urban boutique – Higher pricing, high-rent district
- International/luxury market – Highest pricing, premium branding
It’s not just skill level – prime real estate and branding influence pricing too. A renowned London jeweler will likely charge more than a skilled rural workshop.
Turnaround Time
The speed and timeline given for completing the reset job impacts cost as well. A rushed order can increase labor and shipping fees. Here are some examples:
- 1-2 weeks turnaround – Normal pricing
- 5-7 day rush order – +10%-25% additional
- 24-48 hour rush – +25%-50% additional
Rushing reset work adds business costs that get passed along to the consumer. Typical turnaround is 1-2 weeks, with special exception for expedited orders.
Additional Customization
Any special customization or personalization during the reset process also affects the final price. Some options like engraving, unique settings, or added embellishments increase labor time and materials.
- Engraving name or dates – +$50 to $100
- Completely custom setting – +$500 to $2,000
- Pave/embellishments – +$200 to $500
The more customized the reset, the more you can expect to pay in incremental fees over a standard reset with the same diamond.
Conclusion
Having a diamond reset can range from a few hundred dollars for simple solitaire jobs up to several thousand for large, high quality stones in custom settings with extra accent stones. Factors like diamond size and quality, intricate settings, premium metals and stones, top level jewelers, added customization or rushing lead to higher price points.
The majority of diamond resets stay in the $500 to $2,000 range, with the specific scope of work driving cost. It’s advisable to get quotes from several jewelers, and be sure they have experience resetting diamonds in the carat size and style you desire.
