Why a Diamond Certificate is Important
There may be an extra cost for
it, but
a diamond certificate is definitely worth it.
A diamond certificate is also known as a Diamond Grading Report.
This report comes from the Gemological Institute of America (GIA),
and you should require this report when you are purchasing a diamond.
With a diamond certificate, you can verify the color, cut, carat,
weight, and clarity of the diamond. You dont have to worry
about a diamond dealer telling you anything less than the truth,
because the certificate comes from the GIA not the dealer.
You may be required to pay for the certificate, but the cost is
usually low, and in many cases, it will help you negotiate a better
price on the diamond or keep you from purchasing a lower
quality diamond altogether.
If you buy a high quality diamond, and then later decide to sell
the diamond, you will need to have the certificate, or you will
have a hard time selling it to someone else. Furthermore, you can
use the Diamond Grading Report to look up the wholesale value of
the diamond in question. Use the guide that is used by the diamond
cutting industry.
With the Certificate, or Diamond Grading Report, there wont
be any doubts when you are trying to purchase a diamond. You can
easily find out what the diamond is worth. This will prevent you
from overpaying, and it can prevent a seller from under-charging
as well.
A copy of the Diamond Grading Report should be given to your insurance
company as well, when you insure the diamond. This provides absolute,
unquestionable proof of the value of the diamond should it be stolen
in the future. Insurance companies cannot argue with the report.
Avoid diamond dealers who seem reluctant to provide a certificate!
Also avoid sellers who tell you that a certificate diamond will
cost you more the only additional cost should be the cost
of the certificate, which is low. If the dealer doesnt want
to provide a certificate, then you dont want to do business
with that dealer.
Dont accept certificates from Gemological Laboratories other
than GIA. There are many fly-by-night Gemological labs these days,
but in the end, GIA has been established as the most respectable
and trustworthy not to mention oldest of the lot.
So avoid dealers who dont want to use GIA for certification
purposes as well.
Dont 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 they have something that
they are hiding from you.
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