I took 4 of my yellow gold rings: my current wedding rings, a ruby & diamond pinkie ring, an anniversary ring and a dinner ring to two different jewelers to get estimates on what it would cost to (1) design a ring using the diamonds from my current wedding rings and any others that may be needed from the other rings and (2) find out which way is the best way to go - trading in my yellow gold towards my new ring or selling it and keeping all the unused gems.
The first jeweler offered me a set amount for my rings and gave me a price for my new ring minus the amount offered for my rings...no gems back. I didn't like his estimate too much.
The second said I should trade in the gold - they do trade in plus 10% and I would get back any diamonds or rubies that they didn't use. I liked that better. They gave me an estimate for my new ring which was less than the first jeweler and then told me that was the MOST it would cost and it would most likely be up to $100 less. I did like that!
I gave them the go ahead and gave them 2 different pictures of rings that I like and I would like a cross between the two. They are supposed to have the wax mold ready within 2 weeks for me to look at and approve. I am so excited!