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You can buy/ wear diamond stud earrings of any colour and clarity that you can afford.

Investment-quality, jewelry-grade stones, however, will each be larger than one carat, with a colour grade of D, E, or F, and a clarity of VVS1.

Stones with a more yellow or darker cast and more flaws will certainly sparkle with a good cut, but may not hold an investment-quality value on resale.

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Another answer:

Been researching this topic. For personal use and without planning to resell, recommend minimum color of G-H, clarity of SI1, with an excellent cut. This is more affordable while having good shine with almost colorless diamond (G-H) and no visual flaws (SI1). The diamond is on an ear so people do not view it directly or as close as viewing an enagement ring.

Check prices on various websites by varying the different criteria, such as color of diamond or clarity of diamond. Makes a big difference.

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Q: What is the minimum color and clarity for diamond stud earrings?
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