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Diamond reports from GIA (as well as other, for-profit sources) are now demanded by most consumers purchasing diamonds over a certain size, typically for over 0.5 carat (100 mg), and almost always for over 1.0 carat (200 mg), and are considered an important tool in guaranteeing that a diamond is accurately represented to a potential buyer.
Primary among these are their diamond grading services. Jewelers are able to have their diamonds scientifically evaluated according to the Four Cs: Color, Clarity, Cut, and Carat Weight. They are then given a diamond grading report, which can be provided to a consumer in order to verify the quality of the diamond they are purchasing. [3]
In 1953, Liddicoat introduced the GIA diamond grading system - a practical approach to grading the quality of colorless to light yellow polished diamonds on the basis of color, clarity, and cut. A central feature was the D-to-Z color grading system for faceted colorless to light yellow diamonds—the vast majority of diamonds seen in the trade.
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]
IGI provides independent grading reports, colored stone reports, identification and appraisal reports, diamond authentication and attestations of origin, and laser inscription services. They also offers diamond and colored stone courses through IGI's Schools of Gemology. [7] Graduates from the IGI school of Gemology are awarded an IGI Diploma.
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]
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There are numerous diamond grading laboratories, with each offering investors, consumers and dealers similar diamond-grading and verification services, including the Gemological Institute of America (GIA) and the CIBJO (Confédération Internationale de la Bijouterie, Joaillerie et Orfèvrerie), also known as the World Jewellery Confederation.