Why is it important to purchase a diamond with a diamond certificate?
A diamond certificate will make sure you know the qualities and values of your unique diamond
It’s easy to get distracted by the beauty of a diamond before and after purchasing it. But, do bear in mind, if you’re planning on buying a diamond it is extremely important to make sure you receive a diamond certificate. Here’s a few reasons why it’s important to make sure you walk away with a credible diamond certificate after purchasing a diamond:
What is a diamond certificate?
A diamond grading report contains verified information about the diamond’s unique characteristics
A diamond certificate is a formal document that contains a detailed description of the specific diamond. The diamond dossier or diamond grading report contains verified information about the diamond’s unique characteristics; the cut, carat weight, colour and clarity with a few additional comments in regards to the diamond’s symmetry, polish and fluorescence. Having a diamond certificate is the best way to prove your unique gemstone’s identity.
Where will you get a diamond certificate?
The most recognisable grading laboratories in the world are the GIA and EGL
The most recognisable and credible diamond grading laboratories in the world are the GIA (Gemological Institute of America) and EGL (European Gemological Laboratory). These grading laboratories are trusted by most well-known jewellers worldwide. Having a diamond certificate from the GIA or EGL, a buyer will be assured of the quality and value of the unique diamond. These diamond grading laboratories are fully independent, international organisations dedicated to upholding stringent diamond grading criteria to ensure diamonds are graded accurately and fairly according to world standards. Note, not all diamonds are certified. The general standard in the industry is to certify diamonds from .50ct and up. Most diamonds below .50ct are assessed by in-house gemologists using specialised equipment to determine their unique qualities.
Why is it important to have a diamond certificate?
A consumer determines the quality and value of a diamond with a diamond certificate
A diamond certificate is a detailed document that specifies the unique characteristics and qualities of a diamond. Without a diamond certificate from an independent diamond grading laboratory, a consumer won’t be able to determine the quality and value of a diamond. Therefore, it’s important to make sure you receive a diamond certificate from the jeweller.
Reputable diamond jewellers will present a diamond certificate from the start in order to give you peace of mind. Beware of jewellers who are not able to present the diamond’s certificate at time of purchase and who offer to post the certificate to you, without seeing or verifying the certificate at time of sale. It’s also important to have a diamond certificate for both resale and insurance purposes.
In addition, the diamond certificate will also be used as proof of the diamond’s value and qualities. Therefore, it’s up to the customer to make sure the grading of the diamond matches the description of the gemstone on the invoice. It’s also important to make sure that you understand all the elements the laboratories describe on the diamond certificate. In other words, it’s important to know what the 4Cs of Diamond Quality stand for before you buy a unique diamond. You can also ask a diamond expert about these qualities before purchasing a diamond and learn about the origin of the 4Cs of diamond grading.
Some jewellers will provide a diamond with an identification number on the girdle
In some cases jewellers will provide a diamond with an identification number on the girdle; the code on the diamond will match the details of the diamond certificate. This way, you will be able to verify that the diamond contained in the jewellery item matches the diamond’s certificate. Did you know you can verify a diamond grading report? Simply visit the GIA website or EGL South Africa website and click on the report verification link.
What is the difference between a diamond certificate and an appraisal or valuation certificate?
A valuation or appraisal certificate will give the monetary replacement value of a diamond
It’s important to know that there is a difference between a diamond certificate and a valuation or appraisal certificate. While a diamond certificate describes the characteristics of a unique diamond and serves as proof of the diamond’s identity; a valuation or appraisal certificate will give the monetary replacement value of the diamond or diamond jewellery item for insurance purposes.
When it comes to an appraisal and valuation certificate; the document solely relies on the estimated value of the diamond. The diamond’s value is influenced by supply and demand year-on-year. Since the appraisal can fluctuate from time to time it’s important to have your diamond reappraised every two years.
A diamond certificate gives you assurance about the qualities and value of your unique gemstone and serves as the diamond’s proof of identity. In the end, it’s always important to do research before buying a diamond and to ensure you purchase from a trusted, reputable jeweller.
