This ring could look just like the one your grandfather presented to your grandmother back in 1940. The center diamond is estimated to weigh .23 carats; we grade it H in color and VVS2 in clarity. It is set in an “illusion” head, typical of the era, made of palladium, a platinum group metal. During World War II, platinum was considered a strategic metal, so palladium was used in jewelry of that period rather than platinum. This ring has already brought happiness to one love story, and is now ready to bring happiness to another.