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The Gemological Institute of America (GIA) is a nonprofit institute based in Carlsbad, California. It is dedicated to research and education in the field of gemology and the jewelry arts. [ 1 ] Founded in 1931, GIA's mission is to protect buyers and sellers of gemstones by setting and maintaining the standards used to evaluate gemstone quality.
The list price, also known as the manufacturer's suggested retail price (MSRP), or the recommended retail price (RRP), or the suggested retail price (SRP) of a product is the price at which its manufacturer notionally recommends that a retailer sell the product. [citation needed] Suggested pricing methods may conflict with competition theory ...
The Rapaport Price List is copyrighted and available only to subscribers. Jewelers and diamond merchants use it to set prices for consumers. Consumers should therefore use the report with caution. [2] These prices are used as the basis for standardization and negotiation of diamond prices around the world.
Prices of hydrogen produced by distributed steam methane reforming, as predicted by H2A Production Model from United States Department of Energy, [9] assuming price of natural gas of US$3/MMBtu (US$10/MWh; US$0.10/m 3). Does not include cost of storage and distribution. 1: 2 H (D) Deuterium: 0.0001667 [10] 13 400: 2.23: 2020: CIL [11]
The GIA began grading cut on every grading report for round brilliant beginning in 2006 [26] based on their comprehensive study of 20,000 proportions with 70,000 observations of 2,000 diamonds. [citation needed] The single descriptive words are as follows: Excellent, Very Good, Good, Fair, and Poor. [25]
In 2009, a 7-carat (1.4 g) blue diamond fetched the then highest price per carat ever paid for a diamond when it was sold at auction for 10.5 million Swiss francs (US$9.5 million at the time) which is in excess of US$1.3 million per carat. [17]
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Diamond certified FL (flawless) by the GIA Two diamonds of grade VS 1 and SI 2 respectively. The GIA diamond grading scale is divided into six categories and eleven grades. [2] The clarity categories and grades are: [3] Flawless category (FL) diamonds have no inclusions or blemishes visible under 10× magnification. [3]
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