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McKinsey called lab-grown diamonds “likely the biggest challenge facing diamond producers today” because of their perceived ethical advantages, lower price, similarities to natural diamonds ...
Each grid has the clarity options on the horizontal line and the color options on the vertical line. In order to calculate the price of a diamond according to the Rapaport Price List, you need to know the size, color and clarity of the diamond. The price listed based on this information is in hundreds of dollars per carat. [3]
Prices for rough diamonds — the raw, unpolished, and uncut stones — have dipped in 2023 as many post-pandemic consumers shy away from luxury goods. Diamond prices are down as people spend more ...
The diamonds sold at Worthy.com are graded at the Gemological Institute of America (GIA) or at the International Gemology Institute (IGI). The brand-named watches are authenticated at CentralWatch. Prior to auction, Worthy.com makes available the item's photographs and diamond grading report to the networks of pre-selected professional buyers.
International Gemological Institute (IGI) is a gemological organization which certifies diamond, colored stone and jewelry. It was established in 1975 in Belgium. [1] On May 21, 2023, Blackstone Group announced their acquisition of IGI. [2]
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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.
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