Abstract: A jewelry setting for gemstones, including cabochons, faceted stones, or other stones, pearls, wood cabochons, or other decorative objects, having a mounting ring and multiple rear-mounted retaining arms is disclosed. A method for assembling a jewelry setting is also disclosed. The decorative object may be inserted through the rear of the mounting ring. The mounting ring has a diameter that is slightly smaller than a diameter of the decorative object, thus preventing the decorative object from passing completely through the mounting ring. The retaining arms may be bent inward and tightened against the decorative object, thus securing the decorative object within the setting.