I own my own jewelry store in a small town. My best advice is to search out a small mom and pop store in an town near you. Stay away from large retail outlets and chain stores. Most of the larger stores don't have a jeweler in house. They usually send all of their repairs out of the store to be done. That being said, there is a large price difference depending on the quality and shape of the stone. Most likely the prongs are worn, or the stone would not have come out. You are probably looking at $300-600 for the diamond. I would figure on approximately another $100 for repair to the prongs to make sure it doesn't happen again. Hope this helps!!
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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