Abstract: A composite gemstone, and a method of making the same, employ a generally conically-shaped setting having a head, a vertex spaced therefrom along an axis, and a conical wall surrounding the axis and extending between the head and the vertex. The head and the conical wall both have multiple sockets extending therein. The sockets on the conical wall are spaced angularly apart around the axis. Some of the sockets are spaced at different axial distances away from the vertex. The head and the conical wall both have multiple integral prongs that are spaced angularly apart around each socket. Multiple miniature stones are mounted in the sockets and held therein by the prongs surrounding the respective socket. The miniature stones are mounted in close adjacent relationship both on the head and on the conical wall to simulate that the composite gemstone is of a one-piece construction.