The Importance of A Diamond Certificate

A diamond certificate is known as a Diamond Grading Report. Reports come from G.I.A. the Gemological Institute of America , and you should request this report when buying diamonds.

With a diamond certificate, you can verify the color, cut, carat, weight, and clarity of the diamond. Don’t be concerned that a diamond dealer is telling you less than the truth, because the certificate comes from the GIA – not the diamond retailer. Buyers may be asked to pay for a certificate, but the cost should be low, and may help to negotiate a lower price on a diamond – and it is worthwhile if it prevents you from purchasing a low quality diamond.

If you buy a high quality diamond, and then later decide to sell the diamond, you will need the certificate, or have a hard time selling it. You can also use Diamond Grading Reports to find the wholesale value of a diamond . Use the same guides that are used by the diamond cutting industry.

With the Certificate, or Diamond Grading Report, there won’t be any doubt for purchasers of diamonds. You can easily find out what a diamond is worth, and avoid overpaying, and it can help a seller from under-charging.

Give a copy of the Diamond Grading Report to your insurance company when you insure the diamond. This provides unquestionable proof of the value of the diamond should it be stolen. Insurance companies cannot disagree with the official report.

Avoid diamond dealers who are reluctant to provide a certificate, and all sellers who tell you that a certified diamond will cost you more – the only additional cost should be the low cost of the certificate. If the dealer doesn’t want to provide a certificate,don’t do business.

Don’t accept certificates from Laboratories other than GIA. There are fly-by-night Gemological labs these days, but the GIA is the oldest established, the most respectable and trustworthy, So avoid sellers who don’t use the GIA for certification purposes.

Don’t ever buy an expensive diamond without paying the extra cost of the certificate. If a dealer tries to convince you to make the purchase without the certificate, or if they want to use a company other than GIA, you can be sure that the dealer has probably greatly inflated the price of the diamond.