Diamond Education
WHAT A GRADING REPORT IS & IS NOT
Diamond grading reports are a subjective tool to help enhance the sales process. Even with technological advances to improve grading, it is critical that the subjective nature of reports be stressed to consumers. They provide third-party assurances to a buyer that a particular stone was examined by gemological experts and can be used to support claims, such as quality factors – like color, clarity, cut and carat weight – made at the point of purchase. A grading report is a blueprint of a diamond’s properties and helps to assess diamond authenticity and quality. A grading report is not a certificate nor a guarantee and should never be represented as such to a potential buyer. A grading report is also not an appraisal and should not be used to determine the price of a stone.
- Diamond grading reports are a subjective tool to provide third-party assurances that a particular stone was examined by experts in gemology and can be used to support claims, such as quality factors like color, clarity, cut and carat weight.
- A grading report is a blueprint of a diamond’s properties and helps to assess diamond authenticity and quality.
- A grading report is not a certificate nor a guarantee since it is subjective in that it is the opinion of the individuals who graded the diamond or gemstone.
- A grading report is also not an appraisal and should not be used to determine the price of a stone.
- We have adopted clear processes related to the use of grading reports. This includes strict adherence to Federal Trade Commission guidelines, undertaking gemological training, carrying out appropriate due diligence before accepting a grading report from any laboratory and sharing knowledge about grading reports with customers.
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