Do jewelers accept old setting towards cost of new setting?

[champagnepear]

I have a ring that I'm considering having reset. The current setting is new and high quality, it was custom, but since it's from an old relationship I feel uncomfortable wearing it as-is. I'd like to take the center stone out of it and mount it in something else. Obviously it will vary from jeweler to jeweler but do you think it's likely I could find one who would accept the old setting as partial payment?

It is a really lovely setting and I hate to think of selling it for scrap, there also diamonds in it, but I'd prefer to have something that doesn't have the bad memories attached.

Has anyone done this?

 

[denverappraiser]

Re: Do jewelers accept old setting towards cost of new setti

Most jewelers will be happy to do it for scrap but few will be interested in taking in a custom mount for inventory. The exception may be the jeweler who made it in the first place. That said, it never hurts to ask.

 

[bcavitt]

Re: Do jewelers accept old setting towards cost of new setti

Most jewelers will be happy to do it for scrap but few will be interested in taking in a custom mount for inventory. The exception may be the jeweler who made it in the first place. That said, it never hurts to ask.

x2. A jeweler, especially a custom jeweler, would be hesitant to buy it at jewelry wholesale prices as it competes with his own goods.

 

[tyty333]

Re: Do jewelers accept old setting towards cost of new setti

Have you considered trying to sell it on our Pre-loved Forum? You wont get full price for it but you'll do much better than scrap.

[URL='https://www.pricescope.com/forum/preloved-ps-jewels/']https://www.pricescope.com/forum/preloved-ps-jewels/[/URL]

 

[Winks_Elf]

Re: Do jewelers accept old setting towards cost of new setti

You may want to consider consignment, or listing it for sale yourself on a site like diamondbistro.com as a semi-mount. You'd need to give the measurements of what size center stone fits in there. Selling as a semi-mount instead of scrapping it would give you more money as when a piece is scrapped you'll never get what you paid out of it since the labor costs are not recoverable. Scrap pays only for the metal, and on a piece that has small accent diamonds such as a halo most jewelers are not concerned about reclaiming them.

 

[Diamond_Hawk]

Re: Do jewelers accept old setting towards cost of new setti

Good advice in this thread. Sorry about your bad experiences.

 

[Rockdiamond]

Re: Do jewelers accept old setting towards cost of new setti

+1- great advice so far.

Another possibility- maybe find a "fun stone" to set into it- smokey topaz is relatively inexpensive for example.
If it looked totally different might you want to wear it?