Those are good answers. The reed is normally open, but there could be a permanent magnet that closes the contacts which will open when 2 volts or more are applied to the coil. The reverse polarity will close the contacts harder, which generally has no utility but is not harmful up to about 6 volts. unless the ambient temperature is over about 40 degrees c. If the turn off voltage starts at more than 6 volts, it should drop to 5 volts or a bit less to avoid over heating the coil and demagnetizing the permanent magnet . Possibly the first few micro seconds are at a high voltage to achieve open contact in a few microseconds. Reed relays are faster acting than most other types of relay. If the permanent magnet is partially demagnetized, the contacts may be open, As little as one volt will close the contacts, which is 2 milliamps, making it a very sensitive if the coil is 500 ohms. This was important long ago, but is not now as solid state relays are available with sensitivities of one to several micro amps. With 2 milliamp sensitivity the contacts will likely stay closed until a reverse pulse to the coil resets the contacts to normally open. Likely this is done rarely as reliability is low.
More likely there is no permanent magnet and no provision to install one, but a jury rig may be practical. 5 volts (or more briefly) closes the contacts, which open when the coil voltage drops to 1 volt or less. Reversing the voltage briefly opens the contacts faster, but the reverse voltage will close the contacts again after they are open for a few micro seconds. Tricks like this can produce off time of a few micro seconds to reset an SCR, or other possible applications.
Without a bias magnet, one voltage polarity works the same as the other. Generally ac applied to the coil gives bad results except at the resonant frequency of the reed = 5000 hertz perhaps? Typically the current though the contacts should not exceed one amp for high reliability at either opening or closing of the contacts, but somewhat more current is tolerable though already closed contacts, which is also true of other mechanical switches and mechanical relays but perhaps not most electronic relays.
I would expect that a diode if installed would be visible as it would not be desirable for some applications and a resistor in series with the diode is often desired, but the resistor ohms is dependent on the application. Neil