What does it mean if a diamond is GIA certified?
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What does it mean if a diamond is GIA certified?
The terms “GIA certified” and “GIA cert” are commonly used in the jewelry industry to refer to diamonds that have undergone GIA’s rigorous grading process and to the reports that accompany them. This GIA-graded, Internally Flawless 2.78 ct round brilliant cut diamond received GIA’s highest grade for color: D.
How much does it cost to have a diamond GIA certified?
The cost for getting your diamond certified will depend upon its size and the laboratory you choose but averages around $150. If you choose to get your diamond certified through the GIA, you can get the unique ID number laser-inscribed on the stone’s girdle…
Are GIA diamonds worth more?
Why are GIA graded diamonds worth more? Because, the diamond market knows that the grading standards for GIA are much stricter than those of EGL USA. Thus they are valued higher.
Can you insure an uncertified diamond?
Many Jewelers find it very difficult to appraise a pre-set Diamond for Insurance or Purchasing. They can only guesstimate then! Usually they have to remove the stone from the mounting to thoroughly clean it, weigh it, get an accurate Color reading, and check for Chips or hidden Flaws.
Should I buy a diamond that is not certified?
Many diamonds are not certified for a variety of reasons. Certification costs money, and some merchants don’t want to incur additional expenses. Sometimes, jewelers think it’s not worth it to have low-quality diamonds certified because for such stones, a certificate would not make a big difference to the buyer.
Should you buy a diamond without a certificate?
To be of any use, the diamond must be certified by an independent, respected gemological laboratory such as GIA, AGS, HRD etc. Certifying a diamond costs money so some retailers sell uncertified to be more competitive on price.
What does it cost to insure a diamond ring?
The yearly cost to insure your ring is $1 to $2 for every $100 that it would cost to replace. In plain English, this means that if your ring would cost $9,000 to replace, you might expect to pay between $90 and $180 per year to insure it—or slightly more in cities where the risk of theft is higher.