C. 1980 Vintage 1.20 Carat Red Spinel and .30 ct. t.w. Diamond Ring in 14kt Yellow Gold. Size 7

14KT: Karat (abbreviated kt or K) is a unit that indicates the purity of gold in the metal. 14kt is 58.33% gold. In the United States, 14K yellow gold is most favored and used in jewelry.

YELLOW GOLD: Gold is a precious metal with a natural yellow color. It is quite soft and often alloyed with other metals to increase its strength. The purity of the metal is indicated by a unit called a "karat," with 24kt having the highest percentage of natural gold.

SPINEL: This rare and durable gemstone, found in a beguiling shade of inky black, catches the eye when set in rings, bracelets, necklaces and earrings. Spinel is also found in captivating tones of pink, purple and green. The red variety is beautiful in its own right and in ages past it was mistaken for a ruby.

CUSHION: A gemstone that features a rounded square shape. The facet arrangement can be either a type of modified brilliant cut or a checkerboard pattern.

Diamond: The hardest and most brilliant of all gemstones, a diamond can make the heart race with its pure and fiery spark. An ancient symbol of love, a diamond is the preferred gemstone for tokens of affection, such as rings, earrings, necklaces and bracelets. Diamond is the birthstone for April.

BRILLIANT: A gemstone cut to enhance brilliance without sacrificing much carat weight. Typically has 58 facets.

Color Grade G-H: Near-colorless

Clarity VS2: Very slightly included. Inclusions are observed with effort under 10x magnification, but can be characterized as minor.

CLARITY SI1: Slightly Included. Inclusions are noticeable under 10x magnification.