1. Make Sure Your Family Approves Your Plan
First things first. Gems are deeply sentimental and personal symbols of beautiful life moments and family history. Make sure that family members who are offering a family ring for your proposal are OK with any changes that you plan to make. No one wants to give Grandma a heart attack when she sees what you’ve done with her ring. That being said it’s common for each generation to reuse heirlooms and create new jewelry: even the royal family does it! Antique and vintage settings aren’t forever, even if the diamonds in them are. If your fiancée is active, works with her hands or with children, getting a safer setting will protect the diamond. Redesigning the ring also lets you add personal touches that reflect your love story. Being able to honor your heritage with a family diamond while creating an engagement ring that works today is usually the best solution.2. Assess the Condition & Quality of the Diamond
Don't Reset an Old Diamond Unless:- It's really a diamond
- It's bigger than 0.50 carat
- It's free of major chips and scratches
- It's been graded by GIA
- Family members agree it can be reset
3. Create a Timeless & Personal Design
From a Family Diamond to New Ring in 6 Steps:- Check the diamond for chips and damage
- Have the diamond removed and graded by GIA
- Determine the correct ring size for the new ring
- Choose a new ring design
- Choose the new setting metal
- Reuse the old setting if possible
4. Don't Forget Craftsmanship
One of the things that make many heirloom engagements rings uniquely valuable is the skill and care put into crafting them by hand. Whatever the style of your new ring, make sure it is made to last. What does it mean for a ring to be well-crafted? First, it should be made for you from scratch and be proportioned to fit your diamond and your finger perfectly, not chopped down from a stock setting. The small details matter: your ring should look good from every angle, be finished as carefully on the back and inside as the front. Every stone should be securely set. And of course, all of the gems that will complement your family diamond should be responsibly sourced.5. Options for the Old Setting
Once you take the diamond out of its old setting, you have a decision to make. Should you reuse the old setting for something else or trade it in and apply the value of the metal to a new setting? In some cases, metal from the old band can be used to create a new one. Generally, very worn settings will probably only be worth melting down as scrap. But if your old setting has sentimental value or an interesting design consider setting a colored gemstone in the place of the diamond you are removing. If a family member is giving you the ring and might enjoy having it back, this is a lovely gesture to reciprocate for the gift of the ring. There is a rainbow of colorful options, many quite affordable.6. Create Your Own Heirloom Instead
No family diamonds available? If you don’t have access to an heirloom ring, you can create one of your own. If there’s a ring in your family that means a lot to you but its current owner is still wearing it (or another family member has first dibs) you can use it as an inspiration for your own custom engagement ring. Many vintage-style engagement rings are making a comeback, from unique engagement ring settings to timeless classic engagement rings. If your significant other has her heart set on a unique engagement ring, a custom engagement ring with old-world inspiration can become an instant heirloom. You can create a style that’s just like the ring that inspires you or references a detail that has meaning for you. Your new creation will be an heirloom for future generations to come.