Custom Ring Costs

posted 3 years ago in Rings
Post # 3
Member
6889 posts
Busy Beekeeper
  • Wedding: March 2014 - A castle!

@ChicFoodist:  I believe if you bring your own stone there might be a setting fee. For my custom double halo the setting alone was around $2500, but that included 3 iterations of CAD designs, a hand picked center stone with video, and a video of the finished ring… also hundreds of e-mails and a dozen phone calls back and forth! IMO completely worth it!!

Post # 4
Member
228 posts
Helper bee
  • Wedding: July 2014 - Backyard

This isn’t the greatest picture, but i love it. It is from Rosados Box on Etsy. It is 14K white gold, diamonds on the side, hand milgrain work, and a AAA 6mm amethyst stone. It cost us $900, which I thought was outstanding. The work is very good – the details are just right, it is solid (not a hollow band). I had to CAD drawings and lots of emails. I even met with them! It was worth it.

I would imagine a diamond center stone would have upped it quite a bit.

Post # 5
Member
1287 posts
Bumble bee
  • Wedding: May 2014

@ChicFoodist:  My ring was custom made, but honestly, I am not entirely sure of the cost breakdown 🙁 My FI had done it all, on his own, without my knowledge!

With that said, he went to an independent jeweler, whom (per FI) had hundreds of diamonds to choose from.  He picked the diamond, and told him the setting he had envisioned.  He then produced that, and set the diamond.  The material is white gold, the center stone is 1.7 carats, and setting is .5…totaling a little over 2.  Total cost for everything was around $9,000, which I think was a pretty great price for all he did for my FI.

We are going back to the jeweler this month, so that we can start the process of my wedding band, of which he will also need to custom make bc the setting is unique/oddly-shaped. 

Post # 6
Member
4513 posts
Honey bee
  • Wedding: October 2013

It really depends. My mom’s ring was custom made and it was around $29,000. She has a 1.5 ct emerald cut center stone so its nothing crazy. With hers the setting is just super intricate.

 

Post # 7
Member
695 posts
Busy bee
  • Wedding: January 2014

I had my ring custom done.  With custom anything theres going to be costs involved.  I brought my own stone.  I just asked how much the set fee would be for the stone after the designer measured it.  They have to measure the stone because certain sizes and shapes require more work they say.  One designer wanted to charge me an extreme amount just for the set fee.  I said no because I felt he was taking advantage.  Its important to deal with someone you can trust.  Theres sometimes a fee for the designer finding stones.  I happened to know my designer and I knew where he got his metal supply from and how much he would charge.  If the designer has to special order everything the cost may be higher.  And my designer didn’t charge me for my CAD because he knew me.  But, he also didn’t feel for my simple design I needed a wax made.  I okayed the design by the computer reindering.  But, if I did it again I would want the wax.  Theres things you simply can’t see when the ring is not in 3D.

Its like buying a car – many details.  I still feel its best to buy something pre made you can see from a store if possible.  The price will be lower and its great to see the actual item and how it looks on your finger.

Post # 9
Member
95 posts
Worker bee
  • Wedding: August 2014

My FI had mine made through Green Lake Jewelry Works out in Seattle (we live in Chicago).

The process was wonderful – our jewelry designer (Shelly) was absolutely amazing – and continues to be. We are doing our wedding rings right now!

For custom, you have to put down deposits so that when they are making the CAD designs and then the waxes, that they have a guarantee you are going to work with them. If you end up not liking something, they will give you the money back minus the costs of labor to do the CADs/waxes.

Then once you approve everything, they ask for the deposit on the gems and half of the band, and then the full before they ship it out (they send pictures of the completed ring for you to see). It’s so fun to design your own and actually have something custom! Not just the typical custom which is pick a setting and pick a diamond. Good luck and let me know if you have any questions.

Post # 10
Member
11379 posts
Sugar Beekeeper
  • Wedding: April 2012

@ChicFoodist:  it really depends on so many factors. 

my ering originally came as a 2.02ct solitaire.  i had it custom set into a new setting that included an additional 2ctw.  i supplied all of the diamonds so the jeweller did a wax mold (actually 2 b/c i didn’t like the first one) of the design i wanted and then set it in platinum and white gold.  the setting itself is very substantial and heavy.  it cost just over $2000 after tax.

i would suggest going to a few jewellery stores with pictures of what you would like and ask to speak to the goldsmith directly to find out if they are someone you feel comfortable working with.  ask for an estimate of how much it would cost.  also, stay away from the big chains; they don’t do anything in house.  chose a location that has a goldsmith on site that will work on your ring personally. 

Post # 11
Member
1951 posts
Buzzing bee
  • Wedding: February 2014

@ChicFoodist:  I don’t know the exact cost of my setting, but I loved going the custom route! My FI and I saw some settings that we liked, but weren’t quite right (round instead of oval, enrgaving when I didn’t want any.) The setting we liked the most was around $10k. Yes, $10k. For the setting. So we decided to combine aspects of the rings we loved with the oval shape and came out with my ring, and I know it was NOT $10k for the setting! I would have killed him. 

We also went the custom route for my wedding band, and that ended up about $5k. I can’t wait to wear it!

Post # 12
Member
2262 posts
Buzzing bee
  • Wedding: May 2007

@ChicFoodist:  I had mine made by David Klass, he is in the US and I’m in Canada, so the correspondance was all by email, but the process was painless. He sent pics of the progress and made my vision come to life! My ring is exactly what I asked for. 

 

Post # 13
Member
7281 posts
Busy Beekeeper
  • Wedding: October 2011 - Bed & Breakfast

Our process went like this:

1. Mr. LK and I: Sit down with the jeweler and sketch the rings. Look at the selection of stones in store to decide exact specs. Have jeweler order Canadian stones that meet those specs.

2. Mr. LK: Go back to the jeweler about 10 days later to view final stone options and make the selections. View CAD and tweak/approve.

3. Mr. LK: About a week later go back to view/approve wax mold.

4. Mr. LK and I: Go back about 5 weeks later to pick-up my rings. Mr. LK promptly drops down on one knee and re-proposes right there in the store. Life is sweet! 🙂

The actual ring making process took more time than usual because our jeweler was having a problem with the smelting machine. My rings are palladium and require special machinery that can be difficult to work with. So they ended up making my rings several times while trying to get the machine properly repaired. 

 

Post # 14
Member
376 posts
Helper bee

We chose to go custom for two reasons: 1) I couldn’t find exactly the right setting pre-made 2) it’s cheaper to get a custom setting than to pay for the name-brand version.

My FI asked me to “help” with my ring (ie – get what I want and he’ll pay for it). Here’s what I did:

1) Set my budget. FI said I could go “up to” $15K. I decided to cap it at $10K. I earmarked up to $2500 for the setting and $7500 for the diamond, knowing if I went over budget on one, I’d have to adjust the other.

2) I researched the crap out of diamonds and decided on the top specs I could expect to get in my price range. I also learned that finding a jeweller who bought direct off the diamond exchange, and not from a middleman, would save me tons on the cost of my diamond (like 30%+!).

3) Decided on my setting. I found a picture of a setting that was close to perfect and edited it in MS Paint to exactly what I wanted. Here’s the photos I took to jewellers:

4) Got 5 quotes. I took the pic of the setting to various jewellers (including online retailers) asking what they would charge to make it in platinum with a diamond that fit my specs. The quotes I got ranged from under $10K (online) to $38K for the same ring with comparable diamonds!

5) Chose the jeweller and haggled. We decided based on how the store treated us, the price they quoted (2nd best), and the warrantee and maintenance program they had. We handed them the lowest quote and asked them to match or beat it. They did.

6) Chose a diamond. The jeweller didn’t have a diamond in stock that matched my specs. Since they buy directly off the diamond exchange, they went through and sent us GIA reports with diamonds that did. Once we’d found a stone we liked (on paper) we put down a 30% deposit, the jeweller bought the diamond off the exchange, and we waited for it to arrive.

**To buy a diamond this way you REALLY have to know how to read a GIA. We bought purely on specs. We didn’t even see a picture of the stone before buying. The jeweller assured us that if the stone arrived and really wasn’t what we had expected from the GIA, he’d find us another stone. But he’d be stuck with the stone cause he’d bought it off the exchange.**

7) Approved diamond and setting details. Once the diamond arrived, we went to see it in person. It was perfect! So we confirmed the details on the setting and the jeweller got to work.

8) Review wax mould/rough setting. Usually you’d approve a wax mould AND a rough setting but our jeweller just went right to the rough setting since the picture I had provided was 100% exactly like I wanted it. We saw the ring in three pieces – ring, setting, loose diamond.

9) Pick up finished ring. About two weeks later, it was all done!

10) Get engaged!!

Here’s my custom beauty (size 8). Fancy yellow VVS2 oval, 7.3×9.7mm (1.48ct but shows face up over 2ct because of the cut), Excellent cut in platinum and 1/2 eternity band with hidden halo. Came it at just under $10K and I LOVE her.

Post # 15
Member
3622 posts
Sugar bee
  • Wedding: February 2009

I have done a lot of custom settings now, and the prices have varied dramatically, depending on the ring.  I think the process is similar where ever you go, and like what others have descirbed.  I would just say to make sure you are comfortable with whomever you are dealing with.  That will make or break it for you.  Designing jewelery with a vendor can be hard and you need to be sure you can communicate your wishes and that they will *hear* what you are saying, and understand it to bring your vision to life.  As well, make sure you see a lot of samples of their work.  Not everyone is good at the same things, so if you want hand forged, make sure you see how they do that. If you want pave, make sure you see how they do that.  Not all skill sets are the same, and you may find someone better suited to your specific ring needs.

Post # 16
Member
11379 posts
Sugar Beekeeper
  • Wedding: April 2012

@LastGirlStanding:  beautiful setting.  great price on what you received.  good job.

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