A item having a clasp apparatus to releasably set at least one interchangeable ornamental object, with variations and alternatives of the embodiments. Jewelry items and other items is configured with a clasp apparatus that allows the user to quickly and easily interchange ornamental objects such as faceted gemstones, cabochons, metal objects etc. Other uses of the embodiments comprise a relaxation or therapy aid; use as a toy; an educational tool; and an amusement apparatus.