This is just a great pair of wearable (and sparkly!) diamond cluster earrings circa 1980, set in 14k yellow gold.  It is always nice to see diamonds set in yellow gold, as the warm gold is a softer look than platinum or white gold. 

There are seven Round Brilliant cut diamonds per earring, weighing a total of .80ctw (.40ctw per earring) with H-I Color and SI1-SI2 Clarity.  The face of the earring measures 7mm in diameter.  Backings are stamped '14K" and both backings and earrings have been acid-tested for metal content.