When learning about a new topic, it’s easy to feel overwhelmed by the massive amount of information available. This informative article should help you concentrate on the large points.
A diamond certificate is known also as a Diamond Grading Report. This report comes from the Gemological Institute of America (GIA), and you should insist to see this report when you are purchasing a diamond.
With a diamond certificate, you can verify the weight, color, carat, clarity, and cut of the diamond. You don’t have to worry about a diamond dealer telling you anything other than the truth since the certificate comes from the GIA, not the dealer. You might be required to pay for the certificate, but the cost is usually low, and in a lot of cases, it will help you negotiate a better price on the diamond, or stop you from purchasing a lower quality diamond.
If you purchase a high quality diamond, then later decide to resell the diamond, you will need to have the certificate, unless you want a hard time selling it to someone else. Also, you can use the Diamond Grading Report to look up the wholesale value of the diamond you have. Make sure to use the guide that is used by the diamond cutting industry.
If you have the Certificate, or Diamond Grading Report, there shouldn’t be any doubts when you are trying to buy a diamond. You can easily find out what the diamond is worth. This will stop you from overpaying, and it can prevent a seller from under-charging also.
Sometimes the most important aspects of a subject are not obvious at first. Keep reading to get the full picture.
A second copy of the Diamond Grading Report should be given to your insurance company, when you buy diamond insurance. This provides unquestionable, absolute proof of the value of the diamond if is is stolen in the future. Insurance companies simply can’t argue with the report.
Avoid diamond dealers who are hesitant to provide a certificate! Also avoid sellers who tell you that a certificate diamond will cost you more money – the only additional fee should be the (low) cost of the certificate. If the dealer doesn’t want to provide a certificate, then you don’t want to do business with that dealer.
Don’t accept certificates from Gemological Laboratories other than GIA. There are a lot of fly-by-night Gemological labs these days, but remember, GIA has been established as the most respectable and trustworthy, plus the oldest, of the lot. So avoid dealers who don’t want to use GIA for certification purposes as much.
You should not buy an expensive diamond without getting a certificate. If a dealer tries to make you purchase without the certificate, or if they want to use a company other than GIA, you can be sure that the dealer has probably extremely inflated the price of the diamond, or they have something that they are hiding from you.
It never hurts to know the latest on diamond grading reports. Compare what you’ve learned here to articles you see in the future so that you can stay alert to changes on the topic of diamonds.