Not every diamond comes with a certificate and some comparable diamonds will look the same regardless if they’re certified or not. It’s important to educate yourself on the significance of a certified diamond but also understand it’s not what makes or breaks an unbeatable deal.
So why bother buying a certified diamond? An engagement ring is undoubtedly one of the biggest purchases most people make in their life, both an emotional and financial milestone. In the market today, consumers are asking for greater transparency when purchasing diamonds.
When it comes to determining the value of a diamond, there is a strict process which a diamond will undergo a series of examinations by one or several of the different gemological institutes or laboratories. Each diamond will be given a grade accompanied by a detailed report which is given by a gem expert. It’s this report that describes various elements of a diamond, such as color, clarity, length and width. Diamond certification is the document you receive from a third party that describes a diamond in all of its characteristics.
Along with each diamond you’re considering, you should receive and review its lab certification. This lab report or certificate will be issued by a grading entity and describes various elements of the diamond, such as Color, Clarity, length and width. Trained professionals evaluate, scrutinize and measure the diamonds using professional tools, such as a loupe or microscope.
Laboratories serve as these third parties and grade your diamond with an objective opinion. All grading reports are generally done following the same guidelines with slight variations in standards. There are many laboratories in the world that provide grading reports with GIA, IGL, and EGL being the largest most commonly known labs worldwide.
Each entity grades and describes diamonds differently—and sometimes the difference is significant. Several lab entities exist and it’s important to know which ones are trustworthy and reliable, and which ones are not.