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