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Platinum Ring Recycling & Custom Design | Fairfield, CT


Question
Good Morning! I hope you are doing well! I have a platinum engagement ring and for my 20th wedding anniversary would like to have the platinum melted down and remake the ring adding two sapphires, one on each side.  I live in Fairfield CT and from your past responses found you can refer me to a reputable dealer who is qualified to melt platinum or to a professional who can make the new ring from the old.  Thank you so much in advance for your time and expertise.  Regards, Donna

Answer
Hello Donna,
I wonder if your ring should be melted down at all..It is always better If I can see the piece but as  you are in Ct that is  virtually impossible. If it is a band style ring  then modifying it  may be  an easy task. If it is a solitaire style ring then adding sapphires in a prong settting  would be  the easiest possible solution, though stylisticly may not be at all to your taste. A good jeweler would  make a wax model  based on what you want  and work the design to your satisfaction of a pre-made mounting is not available. One option is to request the  jeweler take the value of the platinum ( you can find the daily market quote at www.kitco.com on all precious metals and should go into any  jewelr armed with that  knowledge as it shows you  know  the business and  are not an uninformed consumer- and  gives you that little bit of leverage that  makes all the difference in a pricing  negotiation over just saying  yes to whatever  cost they  offer) and apply it to your  design.
You can  view some ring mountings on RioGrande.com, Eastern Findings.com, Hoover and Strong.com, Handy and Harman, D.H.Fell.com,CGM Findings, or any number of  sites to get an idea of the  wholesale cost to the jewelr and the  styles readily available. I would definitely  do some research  to see if anything is as you imagine your re-creation to be if so then I can  recommend a jewelr that would be willing to work with you on the project. I always  warn  visitors to this  site to avoid chain  jewelry stores as they rarely have a bench jeweler on staff and sub contract all their repair or design work out..Independant jewelers are infinitely more versatile and creative and much more affordable,  in general offer you a lifetime warranty on the workmanship and stones and   most offer an annual rechecking of the settings or prong work to insure the  stones are secure.those are all things you want to clarify and get in writing  when dealing with any jeweler- particularly in re-making situations.
the Platinum Guild of the US also has a registry of  jewelers that  work in platinum  group metals almost exclusively and from there you may be able to find someone on your own or someone that a friend or colleague has used before  to get an idea of their proffesssionality.
  Platinum requires  higher temperatures to melt, and often a plating of  rhodium over the metal is recommnded as it is extremely soft in its  higher karat forms. Palladium however is a Platinum group metal that is  brighter  in colour than Pt and  is far cheaper and  stronger and requires no additional plating. A good strategy would be to  take the value of the platinum in your ring ( based on the weight) and apply it to a Palladium setting if all you want is the white metal ( I always  advise people NOT to invest in white gold as it is part nickel and in  lower karats , 14 and  below you are paying for  nickel instead of gold- however,in 18 karat or above it is  more reasonable an investment) that will stand up to time and  maximize the  colour of the saphires you wish to use.
   If you  own the stones already then you are in a great a position to  negotiate on the  price of the design , casting ( if no pre-cast mount suits your desires), and  stone setting method, finishing and plating if necessary. You can find  nice gemstones on online auction sites and direct from gemstone sellers ,most often far below what any jeweler would charge as they  have to make some profit!
In your case if you have the stones, the metal, a design in mind,  or a band (that is as wide and as deep as the stones are  plus a couple of extra  mm's  of metal for  working room and aesthetics- enough to  flush set stones if that's what you were thinking of, you are more than half way there as far as raw materials go. it is then a matter of design finalization, agreeing on  a method of fabrication ( casting a unique design vs. buying a mount in which the  stones are  simply  dropped in and  prongs fitted to the specific gems, tightened or burnished as  in a bezel type setting ,or making a direct casting in delft clay, cuttlebone mould made directly from the ring to capture any details of your piece that you  want reflected in the  modification or re-make , and a labour  fee you are done. If the  jeweler  won't  agree to applying the value of the weight of the metal to the  project fee, then  you may want to  sell the metal ( after  removing the stones yourself 9 easy with a pait of  regualar  fingernail clippers!)  and using the proceeds to pay the bill.
 If the metal is of sentimental value that is an entirely different  matter as most refiners that  would ordinarily buy the metal after assaying it  will not return the exact  lot you submitted ( that is  if you had a small quantity of  a single metal and wanted to sell it  for  a return much like the "cash 4gold " adds on TV) whereas a small jewelry store  that actually does their own bench work will be able to melt it  pour it  either into a mould for  sheet or rod  or  use it in the  lost wax casting or injection processto create the new piece.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           You should measure the stones  you want to use  with a caliper to  know exactly what  you have, what you need and to  be  informed and articulate in general as that will perhaps affect the  bottom line  costs. An informed  consumer is a good consumer even in dealing with luxury goods, and particular in dealing and  collaborating on a designers vision  compared to  what you want.If they perhaps  suggest  just adding some  prong settings to the  band and then setting the sapphires you are  talking about a job that shouldn't take an hour if you  already have the stones and the  artisan  has the  correct size setting(s)  in stock or can  easily cut a seat into the band as it is and drop in the sapphires and  finishthe piece again it is a quick processand not that expensive. In fact  flush setting stones into a band type ring is actually cheaper and you  have the right to ask for the  removed metal back though it will be  powder or ask  to  deduct that  value  from  your costs .I do that  when appropriate, some  do not ever return metals to the customer and  some  charge you for each cut they make- it depends entirely on the jewelry artisans ethics or one's bosses policies!
Nonetheless, I hope from this  you  have gleaned what  information you need. If you need me to clarify anything  or explain things further  don't hesitate to  contact me again!. I wish I had a photo  of  wht you want to modify- that would help immensely so if you so write again,describe the band you have and the settings so I can be more definitive.I will also  contact  a few colleagues  near  Fairfield and inquire in your behalfregarding their  experience with platinum group metals and whether or not they  use a laser to  nake the joins  or a torch.Also on this site you can make this a private  conversation, please  do that if you are sending any details as  security is always a good measure  when  discussing objects of value..
Best Regards, Ari