Abstract: A finger ring with interchangeable stone has a finger encircling ring body with an enlarged portion having a stone setting attached thereto. A pair of V-shaped stone clamps have apexes pivotally attached to the ring body and end hooks for engaging facets of a selected stone. A threaded boss is attached to said ring body on each side of said stone setting and each accepts a clamping screw having an enlarged decorative head. The clamping screw passes through a stone clamp and threadedly engages a boss to cause the clamp hooks to secure the selected stone in the setting. By loosening the clamping screws, the stone can be quickly changed.