A ring with a composite Diamond Head setting is described that includes a head portion and a base portion. The head portion includes at least one channel structure that defines a marquise-cut diamond shaped indentation adapted to be positioned with a plurality of multiple shaped diamonds in a juxtaposition arrangement to form a clustered Diamond Head that creates an illusion of a big marquise-cut shaped diamond over the head portion. The head portion can include a circular or pear shaped indentation adapted to be positioned with multiple shaped diamonds in a juxtaposition arrangement to form a clustered Diamond Head that creates an illusion of a big a circular or pear shape shaped diamond over the head portion.