1.5 Carat European Cut Diamond Earrings in Yellow Gold1. 5 Carat European Cut Diamond Earrings in Yellow Gold. These victorian earrings are set with two old European cut diamonds that have a distinct warmth and sparkle that is synonymous with the era. The 1. 60 carat total weigh of the old European cuts is showcased in 14 karat yellow gold baskets swinging from delicate wire drops. The wire is complex with a hook closure. The earring is finished in a high polish.