I bought this because it reminded me of my grandmother's ring she always wore which was rubies. This looks like rubies to me. It is more pink than red.
This is an example of excellent workmanship. It is not tiny, but I would consider it moderately dainty. It is a gorgeous ring and I love it. I am going to wear this ring a lot. I have posted pictures on my facebook page and told people where they can get it.