A diamond certificate is also known as a Diamond Grading Report. This report comes from the Gemological Institute of America (GIA), and you nrrd this report when you buy a diamond.
With a diamond certificate, you can verify the color, cut, carat and clarity of the diamond. You don’t have to worry about a diamond dealer telling you anything less than the truth, because the certificate comes from the GIA and 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.
If you buy a high quality diamond and later decide to sell the diamond, you’ll need to have the certificate or you’ll have a hard time selling it to someone else. You can also 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 won’t be any doubts when you’re trying to purchase a diamond. You can easily find out what the diamond is worth. This will prevent you from overpaying.
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 if it’s be stolen. Insurance companies can’t argue with the report.
Avoid diamond dealers who seem reluctant to provide a certificate and 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 doesn’t want to provide a certificate, you don’t want to do business with that dealer.
Don’t accept certificates from Gemological Laboratories other than GIA. There are many fly-by-night Gemological labs these days, but GIA has been established as the most respectable and trustworthy, not to mention oldest of them all. Avoid dealers who don’t want to use GIA for certification purposes as well.
Don’t 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 or they have something they are hiding from you.
