Grading Standards of GIA Diamond Rings
71The GIA, or the Gemological Institute of America, is an internationally recognized association for the grading and appraisal of diamonds. Although you may buy a GIA diamond ring, the ring itself does not come from the institute.
What this means is that the diamond ring has been appraised, just like EGL loose diamonds and IGI diamond appraisals. When a jeweler advertises rings as GIA diamond rings, you will receive the certification of the stone with your purchase of the ring.
GIA diamond rings have been appraised for the four Cās of diamonds ā color, cut, clarity and carat. In grading the color of the diamond, the GIA assigns a letter value to the stone ranging from D, which is the highest to Z, which is the poorest. D rated diamonds are almost colorless, while Z rated stones contain a great amount of yellow in the color.
The color grading scheme developed by GIA is now the recognized grading system throughout the world. There are also GIA diamond rings that have rating beyond the letter Z and these are known as fancy diamonds. Contrary to what you may believe, all diamonds are not white. They come in a wide range of colors and those that contain hints of other colors are very valuable, such as those that are red, pink or blue.
When diamonds are graded for color, this is done on a white card or tray. It is impossible to grade a diamond face up even with the aid of specialized equipment because of the way the stone reflects the light. The light can give a false sense of color, which is why this process is used in determining the color of GIA diamond rings. Color corrected fluorescent light is used in the process because it does not contain any ultraviolet light, which distorts the color of the diamond.
The carat of GIA diamond rings refer to the weight of the diamonds. Since the GIA grades only loose stones, if you do have diamonds you want to have appraised that are already set in pieces of jewelry, the stones will have to be removed first. At present, IGI appraisals are the only ones that will appraise diamonds that have been set in jewelry.
The carat of a diamond does not refer to its size and the weight has a direct bearing on the cost of the stone. The heavier the stone, the more valuable it is and therefore the cost is much more than that of a smaller diamond. The diamonds used in GIA diamond rings have different proportions depending on the type of cut used in fashioning the stone. A diamond that has been cut properly will reflect the light from all facets of the stone and exhibit a sense of fire and brilliance.
In an ideal cut, the light will bounce from one facet to another both within and around the diamond so that it sparkles in the ring every time you move your hand. All diamonds have imperfections, even those in GIA diamond rings. These are natural occurrences that take place as the diamond was formed over millions of years in the earth. The fewer flaws or inclusions there are in a diamond, the more valuable it will be.
This aspect of grading diamonds refers to the clarity of the diamond. When you buy a GIA diamond ring, you have confidence and peace of mind in knowing that you have an authentic stone that has been appraised by a team of specialists in the field of gemology. The standards of the GIA in grading diamonds are the highest of any such laboratories in the world.
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Diamonds in the News
- Tiffany to Buy Diamonds From Gemâs Australian Mine (Update1)Bloomberg1 second ago
Dec. 22 (Bloomberg) -- Tiffany & Co. , the second-largest luxury-jewelry retailer, agreed to buy the yellow diamonds mined at Gem Diamonds Ltd. ās Ellendale mine in Western Australia.
- Red Diamonds CC and Friends RC register winsThe Hindu1 second ago
Coimbatore: Red Diamonds Cricket Club and Friends Recreation Club won their respective matches in the TNCA-CDCA second division league for the Unidriveline Trophy at the Forest College and SNR Sons College grounds here recently. Red ...
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Jewelry retailer The King of Diamonds, a longtime tenant of the Statler Towers, bought a former M&T Bank branch building in North Buffalo rather than stay in the troubled landmark building with an uncertain future.
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LONDON (SHARECAST) - Gem Diamonds leads the risers after announcing subsidiary Kimberley Diamonds has entered into an agreement to sell yellow diamonds from the Ellendale mine in Western Australia to Laurelton Diamonds, which is owned by the US jeweller Tiffany.
- Gem Diamonds to supply TiffanyShareCast5 hours ago
LONDON (SHARECAST) - Gem Diamonds subsidiary Kimberley Diamonds has entered into an agreement to sell yellow diamonds from the Ellendale mine in Western Australia to Laurelton Diamonds, which is owned by the US jeweller Tiffany.
- (AFX UK Focus) 2009-12-22 08:25 UPDATE 1-Gem Diamonds signs supply deal with Tiffany unitInteractive Investor4 hours ago
Dec 22 (Reuters) - Gem Diamonds Ltd said its Kimberley Diamond Co NL unit signed a long-term agreement to supply fancy yellow diamonds to a subsidiary of high-end jeweller Tiffany & Co.
- Donald Haack Diamonds & Fine Gems Welcomes Leslie EnglanderdBusinessNews.com21 hours ago
Donald Haack Diamonds & Fine Gems is pleased to welcome Leslie Englander in her new role as Business Manager. Englander brings experience in retail jewelry to the team, as well as diverse operational and marketing experience.
- Businessman caught with diamonds in luggageIndependent Online20 hours ago
An Indian businessman has reportedly been jailed for six months and fined about R767 559,28 for concealing at least eight kilos of rough diamonds in his luggage.
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