Quick Answer: Are Certified Diamonds Worth It?

What does it mean if a diamond is not certified?

The major gemological laboratories serve as an independent authority on the identity and quality of diamonds, and are not directly involved in the transaction.

Non-certified diamonds are very common in the marketplace, and are simply those diamonds that have not been put through formal laboratory grading..

Do Blue Nile diamonds come with GIA certificate?

All Blue Nile diamonds include a GIA Diamond Grading Report As stated before, every loose diamond sold by Blue Nile has been analyzed and graded by the Gemological Institute of America (GIA). … Never buy a diamond without a GIA report.

What is the difference between certified diamonds and regular diamonds?

Technically, there is no difference between a certified diamond and a “regular” or non-certified diamond. … Any diamond can receive a grading report and be “certified”, and most diamonds over 3/4ct are, especially if they’re the center diamond of a diamond engagement ring.

How much does it cost to certify a diamond?

The cost for getting your diamond certified will depend upon its size and the laboratory you choose but averages around $150. If you choose to get your diamond certified through the GIA, you can get the unique ID number laser-inscribed on the stone’s girdle…

Should you get a certificate with a diamond ring?

A diamond certificate gives you peace of mind when you purchase expensive jewellery because it proves your diamond’s authenticity and attests its characteristics. If you ever wish to sell your diamond jewellery on, a certificate will give potential buyers proof of ownership, authenticity and quality.

What are the best diamond certifications?

What are the best Diamond Certifications?GIA – Gemological Institute of America. GIA is held by all (literally) to be the industry gold standard. … AGS – American Gem Society. … GCAL – Gem Certification & Assurance Lab. … IGI – International Gemological Institute. … EGL – European Gemological Laboratories.

Are non certified diamonds bad?

If a non-certified Diamond appears much larger than a Certified stone (with an Ideal or Excellent Cut), then it may be spread and this means the stone is not cut well. It could be vulnerable to chipping or breaking, and more than likely it will lose light and life.

Are old diamonds more valuable?

The cost of old European cut diamond values will depend on several different factors. Since these diamonds generally have a higher carat weight compared to modern diamonds they are usually more valuable. In addition, because they are rarer than modern diamonds their value is increased.

Does a diamond have to be GIA certified?

Is every diamond a GIA diamond ? No, not all diamonds have been graded by GIA. Although it may seem that way given the sheer quantity of GIA-graded diamonds in the marketplace. This volume is a testament to the trust jewelers and their customers place in GIA’s accurate and independent grading services.

Can you sell a diamond ring without a certificate?

You can sell a diamond ring without a certificate or grading report. However, the downside is you could potentially receive less money when you sell since it’s authenticity can not be verified. … Diamonds will always be valued at a higher price when they have been examined and professionally certified.

Are Costco diamonds certified?

In the past, when Costco sold their diamonds with GIA (Gemological Institute of America) certificates, they had legitimately very good prices. … With their drop in quality/value paired with their lack of service and selection, you should not be buying diamond engagement rings from Costco.

Are certified diamonds more expensive?

First and foremost, if you are looking to purchase a non-certified diamond it is more than likely less expensive than one that is certified. Why? Because a certified diamond comes with the cost of the certification, and some gemological labs are more expensive than others to obtain a cert.

Why buying diamonds is bad?

The diamond mining industry is destroying our environment. A lot of diamond mining is unregulated and therefore there is no control over its impact on the environment. … If that wasn’t bad enough, they are also releasing extensive amounts of carbon emissions into the air from diamond exploration and mining.

How much should I pay for a 1 carat diamond?

Rule of thumb: A 1-carat diamond can cost as low as $2,000 and as high as $25,000. That means a middle-of-the-range diamond should be $11,000 – $12,000. Sounds simple, but that is overpaying. A good value, good quality 1 carat diamond should cost you around $4,500 – $6,000.

Can I trust a jeweler with my diamond?

Yes, you can trust your jeweler. Yes, you can leave your rings for repair. And, if you want to know the honest to God’s truth, most jewelers wouldn’t attempt to steal your diamonds anyway. This is because most diamonds are either small in carat weight, or flawed (And jewelers already have tons of those diamonds).

Why Diamond has no resale value?

The reason resale prices for diamonds are so low compared with retail prices is that jewelers buy diamonds in bulk, at wholesale prices, which are much lower. The retail price you pay for a diamond at the store is higher because it includes overhead expenses, such as rent and personnel salaries.

How long does it take to get a diamond GIA certified?

For D-to-Z color diamonds and some colored diamonds, service can be completed same day if the item is received by 10 a.m. For colored stones and pearl services, the identification report can be completed 48-72 hours from when the item was received but can be dependent on the gemstone type.

How do you know if a diamond is GIA certified?

You know your diamond is real if it’s accompanied by a GIA diamond report like a GIA Diamond Grading Report (top) or GIA Diamond Dossier® (bottom). … You can even verify your report by visiting GIA Report Check, GIA’s online database, and entering your diamond’s report number to see the grading details of your diamond.