The present invention provides an improvement in an article of jewelry of the type in which the ornamental portion of the article is secured or released selectively from the support portion of the article. The removable jewelry setting provides a simplified construction which is used readily by the wearer of jewelry to assemble a particular combination of ornament and support selected from a wide variety of such combinations made available by the improvement. The construction also enhances the ability to tailor a jewelry article to a particular style of dress without unduly multiplying the number of expensive ornaments required to provide a wide range of ornamented articles. The construction opens new fields of fashion by rendering a wide variety of jewelry articles more available at lowered expense and provides a construction which is universal in the ability to accommodate almost any available ornamental element, including gemstones of essentially all sizes and cuts, so that the ornament is available for selection and placement by the wearer in combination with any one of a wide variety of supports. The construction enables ease of interchange of the ornamental portion of an article of jewelry.