If you are a diamond collector or have shopped for them before, you have possibly come across the buzz phrase “GIA certified,” but you probably don’t know what it means. GIA is an acronym for the Gemological Institute of America, the worlds leading independent authority in diamond certification. The GIA was set up to uphold the highest standards of integrity and professionalism regarding grading diamonds. Essentially, when a diamond is sent to a GIA lab, it passes through multiple evaluations to ensure a high level of accuracy in its analysis.
During the analysis, experts at the GIA test and grade diamonds based on the 4 C’s: color, clarity, carat weight, and cut. The experts then file a test report based on the 4C’s, and only until then is the diamond considered “GIA certified.”
Why Is GIA Diamond Certification Important?
The GIA certification report details all you need to know about a diamond to ascertain its quality. Notably, the report is an unbiased, third-party assessment of the diamond and is meant to alleviate any concerns that customers may have regarding a diamond’s value.
Other reasons why GIA certification is essential include:
- Ascertaining a diamond’s authenticity: In the recent past, there has been an influx of laboratory-made diamond replicas that astonishingly look similar to real diamonds. The GIA certification report helps you tell apart between the replicas and originals.
- Ascertaining a diamond’s intrinsic value: Given the expensive nature of diamonds, there are fraudulent dealers in the market who will be looking to make a quick buck off unsuspecting customers. While the GIA does not set market prices, it details the essential characteristics of a diamond, which help determine how much you should pay for it.
In a nutshell, GIA certification has made diamond trading safer, as both customers and traders can refer to universally agreed-upon metrics to determine the value of a diamond.