A lot of things go into buying diamonds; where they are bought both for a special occasion most of the times, some also buy diamonds as an investment. In either of the cases, buying a certified diamond is very important. If a diamond were not certified by an internationally recognized gemological institute, then it would be difficult to determine whether it is authentic or not. Besides, this will also adversely affect the price at which the diamond can be sold in the future.
Certified Diamonds as an Investment
As “diamonds are forever”, you would be able to make a certain profit by investing in diamonds. An international study found out that between 1999 and 2010, white diamonds gave an annual return of 6.4% and provided a return of 10% between 2003 and 2010. At the same time, global stocks gave an annual -0.1% return between 1999 and 2010, and global bonds produced a return of 3.3% during this time. However, you cannot expect to get a reasonable deal if your diamonds did not have an authenticity certificate.
Diamond Certificates
Most of the reputed diamond dealers in the market offer their jewelry products with an international grading certificate by GIA, IGI, or HRD. The diamond certificate, which is also called diamond grading report, comprises of a detailed analysis of the stone, describing its physical properties, measurements, objective factors (both qualitative and quantitative), and an infinite combination of all of the variables based on the 4 C’s (Cut, Clarity, Color, and Carat). This helps to understand the overall characteristics of the diamond much easily.
GIA Diamond Report
The Gemological Institute of America (GIA) is a non-profit agency that grades diamonds and rates them based on an internationally recognized scale. The GIA certification report includes scientifically ascertained and unbiased reports of the diamond, which includes the diamond’s finish, shape, proportions, clarity, color, cut, and carat. It can also recognize any known treatments that were used on the diamond to enhance the stone’s appearance.
When you have a GIA grading document at hand, you can be sure that the diamond is not a synthetic or an imitation stone. Besides, it also tells you about the quality of the diamond and helps you to be aware of the factors that went into determining its final value in a much simpler way. You can also crosscheck the details provided in the grading report with the online database of the institute to further justify your purchase.