I have never heard either of ruby fringe earrings, whether in QEQM's or in QEII's collection.
On the picture posted by Nellie, which was taken in 1951, Queen(-Mother) Elizabeth wears her pair of ruby clips, part of the Greville bequest. She also wears an Art Déco ruby and diamond bracelet that she has worn occasionally:
On the pictures below (from the same event as the picture posted by Nellie), we can see the earrings worn by QEQM slightly better. I think that they are her diamond "flower" earrings, made of marquise-cut diamonds, that she wore throughout her life (and that Queen Elizabeth II wore occasionally after 2002):
--Previous Message-- : My apologies Nellie. I'll do a search. Thank : you. : : --Previous Message-- : : Weren't they in a thread lower? : : : --Previous Message-- : Hello Nellie, : I have never heard of ruby fringe earrings : before -- which highlights my limited : knowledge of the British collection. : Could you provide some background : information about these earrings, please. I : am intrigued. : The earrings in your photo definitely appear : to have 'fringes'. : : --Previous Message-- : Are these the ruby fringe earrings? : : : : : : : : : :