There’s an intriguing phenomenon in the realm of media that’s also reached the world of on-line press nowadays. We all know about this phenomenon, and that we understand how to do away with their negative effects, but we still don’t appear to do anything about it.
What I’m referring to is exaggeration. Think about it: not every airplane is likely to crash and not every boat is going to sink. However, if one does, the media and television will make sure that you will be fearful to sit on an airplane or go on a cruise trip for a long time.
An identical phenomenon is also seen in the business of diamonds. There are several misconceptions or speculation that folks appear to be scared of. Let’s shed light on these kinds of misguided beliefs and help your doubts fade away. After all: do you really believe that every second diamond can be a blood diamond and possesses a false certification?
What’s a Grading Report?
Before we delve deeper into the issues and myths associated with diamond certifications, let’s begin by learning what a certificate is and the process that diamonds go through during an examination. Strictly speaking in terms of legal and legislation, diamonds aren’t “certified” per se.
The correct term used is actually a grading report and consumers often think of them as certificates of guarantee when they are really not. Major labs in the USA are very clear on their statements that a grading report is NOT a guarantee of the stone’s quality. In a nutshell, a grading report consists of 4 main characteristics. These are also commonly called the 4 Cs – Cut, Carat, Clarity and Color. You can get more indepth information about the 4Cs at this website if you are interested.
Besides that, the grading report also contains several other details of the diamond such as the measurement data and inclusion plots to identify the stone. Like fingerprints, each diamond is unique and is given identification through a laser inscription.
Does a Diamond Grading Report Affect Prices?
By itself, the diamond grading report doesn’t affect prices. A grading report is strictly a report that describes the diamond’s characteristic and is issued by a neutral 3rd party. Even though a diamond report can state that a diamond weighs xxx carats or is an ideal cut, the influence of prices is not caused directly by the grading report but rather, a system called the Rapaport report.
For consumers who are dealing in diamonds or are trying to get a diamond from the secondary market, the best advice for you is to seek the help of a professional diamond appraiser who can properly estimate the price of the diamond in question.
Are They Good Forever?
As a consumer, you need to understand that there are changes and technological advances in every market. If you think about it, the round brilliant cut had only come into existence in the quite recently. The phenomenon of hearts and arrows in diamonds weren’t even known until the past decade. Likewise, the grading process for diamonds is continually changing.
If you are to make a huge purchase on your investment, it makes perfect sense to ask for a diamond with a grading report no older than 3-4 years. This will help protect you as a consumer knowing that the diamond in question is examined and graded with the latest practices in the industry for a fair and accurate representation.