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The main advantage of the prong setting is that it allows the maximum amount of light into the gemstone, allowing it to flash with fire and color. This is especially good when it is set with a Round Brilliant or a Princess Cut diamond.

However the prongs can easily snag on clothing, trapping lint and fibers which can dislodge the gemstone from its setting. But the major drawback of the prong setting is that it offers the least amount of protection Tiffany jewellery
to the gem. It cannot be used for trillion cut diamonds or softer gemstones such as emerald and opal which may shatter or chip.

Bezel Setting
In this type of setting the gemstone is completely encircled by a ribbon of precious metal which protects it from accidental knocks. For this reason it is the only type of setting which is recommended for fancy shaped diamond with thin edges, or points, such as Trillion Cuts or Marquises.

The bezel setting is also a perfect choice for hiding any minor edge flaws present in the gemstone and it also acts to enhance the size of the diamond, making it appear larger.

On the downside, the bezel setting is not easily adjusted and if set incorrectly, the gemstone can be easily lost. Furthermore the nature of the setting does not allow as much light into the diamond, reducing its fire and brilliance. However this can be overcome to a large extent by cutting light holes into the setting.