| The Diamond Grading Report is more commonly | | | | |
| called a diamond certificate. This report, | | | | When insuring a diamond a copy of the Diamond |
| which any buyer should require before | | | | Grading Report should be given to the |
| purchasing a diamond, comes from the | | | | insurance company. If it ever becomes |
| Gemological Institute of America (GIA). | | | | necessary to file a claim over the theft of |
| | | | the diamond, having the diamond certificate |
| A diamond certificate allows a prospective | | | | on file with the insurance agency provides |
| buyer to verify the color, cut, carat, | | | | absolute, unquestionable proof of the value |
| weight, and clarity of a diamond. It relieves | | | | of the diamond. Insurance companies cannot |
| the worry of a diamond dealer saying anything | | | | argue with the report itself. |
| less than the truth because the certificate | | | | |
| comes from the GIA rather than the dealer. | | | | Any diamond dealers that seems reluctant to |
| Some sellers require the buyer to absorb the | | | | provide a certificate should be avoided. Also |
| cost of the certificate, but the cost is | | | | avoid sellers that claim a certificate |
| usually low. In many cases the certificate | | | | diamond will cost more--the only additional |
| helps the buyer to negotiate a better price | | | | cost should be the relatively small cost of |
| on the diamond or prevent them from | | | | the certificate. If a dealer doesn't want to |
| purchasing an undesirable diamond, making the | | | | provide a certificate, then doing business |
| certificate well worth the expense. | | | | with that dealer is extremely hazardous. |
| | | | |
| Diamond certificates come in especially handy | | | | The GIA is the only gemological laboratory |
| for people who buy a high quality diamond, | | | | that certificates should be accepted from. |
| and then later decide to sell the diamond. | | | | There are many gemological labs these days, |
| Not only will it help them be sure to get a | | | | but many are disreputable and may issue |
| good deal when buying, but it can make | | | | inaccurate or blatantly false certificates. |
| selling easier as well, since most buyers | | | | The GIA is not only the oldest lab, it has |
| will expect a diamond certificate. | | | | been established as the most respectable and |
| Furthermore, the Diamond Grading Report can | | | | trustworthy as well. Dealers that don't want |
| be used to look up the current wholesale | | | | to use GIA for certification purposes are not |
| value of the diamond in question. The guide | | | | likely to be honest dealers. |
| used by the diamond cutting industry should | | | | |
| be used as a reference. | | | | The extra cost of the certificate should be |
| | | | expected when buying an expensive diamond. If |
| There won't be any doubts when trying to | | | | a dealer tries to push the sale without the |
| purchase a diamond with a diamond | | | | certificate, or if they want to use a company |
| certificate. It makes it easy to find out | | | | other than GIA, the buyer should assume the |
| what the diamond is worth. This prevents the | | | | dealer has something that they are trying to |
| buyer from overpaying, and can prevent a | | | | hide and refuse to conduct business with that |
| seller from undercharging as well. | | | | dealer. |