Interchangeable piece or set of jewelry

An interchangeable piece of jewelry comprising:

• a base comprising an outer surface and an inner wall, the inner wall defining a receptacle having an opening at the outer surface of the base, the receptacle having a bottom, wherein the inner wall tapers inwardly towards the bottom, such that a distance between opposing sides of the receptacle at the opening is greater than a distance between opposing sides of the receptacle at the bottom;
• and
• a head mount comprising a setting and an insert, the setting configured to retain a jewel therein and the insert being dimensioned to sit within the receptacle of the base, the insert comprising an outer wall, a proximal end coupled to the setting, and a distal end, wherein
• when the insert rests within the receptacle, a first portion of the outer wall of the insert contacts the inner wall of the receptacle such that the head mount is releasably secured within the receptacle, and a second portion of the outer wall of the insert that is adjacent the proximal end and within the receptacle is spaced apart from the inner wall.