These are the standards by which diamonds are graded, and ultimately determine their value. Fortunately, earrings don't have to be fancy, or expensive, or made of just one extravagant material -- or a combination thereof. American Indians used to create very elaborate beaded jewelry for different purposes.
Explanation of Cut, Color and Clarity of This Diamond
Cut Quality Diamonds of premium cut proportions are almost as good as ideal. Most people will not be able to distinguish an idea cut from premium. Less diamond material is lost in the process of cutting thus making the diamonds less expansive then ideally cut ones. In short premium cut reflects almost as much light as the ideal-cut, but for a lower price.
Color An E color diamond is extremely rare and slightly less expensive than a D but is so similar that most people won’t be able to tell the difference. You pay a serious premium for an E color diamond. Diamonds of this color grade will appear colorless even when observed face down.
Clarity VS1 clarity diamonds are very slightly included grade one. VS1 diamonds are less expensive than the VVS1 or VVS2 grades and present an excellent value. They have minor inclusions that are bigger and more noticeable than in higher clarity grades, but they are only visible at 10x magnification. To the naked eye, these diamonds will appear unblemished.