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Should a diamond come with some kind of certification?

 
 
Reply Thu 18 Feb, 2010 11:53 am
I've noticed that some sites selling engagement rings offer GIA certification on the diamond and some don't. Should you generally only buy diamonds with a grading report and what risks do you run if you don't? Would you buy a diamond from a place that didn't offer certification of any kind?
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Type: Discussion • Score: 4 • Views: 814 • Replies: 7
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mm25075
 
  2  
Reply Thu 18 Feb, 2010 12:36 pm
Usually it's for the benefit of an insurance company so they know how much to pay out in the event of a loss.

Anyone can claim they own a carat diamond ring, but it's the certificate that verifies proof of actual ownership
gutterball
 
  1  
Reply Wed 24 Feb, 2010 02:22 pm
@mm25075,
Makes sense. I've also been reading that you need a grading report to verify your diamond's stats...four Cs, proportions, etc. I've heard of a few labs, but GIA seems to be the most reputable. Would you say that's true?
djjd62
 
  1  
Reply Wed 24 Feb, 2010 02:25 pm
diamonds should come with an explanation of why they're worth the money your paying for them

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Cycloptichorn
 
  1  
Reply Wed 24 Feb, 2010 02:34 pm
@gutterball,
gutterball wrote:

Makes sense. I've also been reading that you need a grading report to verify your diamond's stats...four Cs, proportions, etc. I've heard of a few labs, but GIA seems to be the most reputable. Would you say that's true?


I guess I don't see why this is so important. I mean, isn't the question at the end of the day: do you like the way it looks?

With diamonds I never worry about the resale value, because anything that you buy, walk out the store, and see an instant 30-50% drop in value, isn't an investment or something you should consider reselling in the future.

Cycloptichorn
gutterball
 
  1  
Reply Thu 25 Feb, 2010 12:05 pm
@Cycloptichorn,
I don't care about the resale value. I care more about being able to get it insured at the right value and being sure I got what I paid for and that it hasn't been artificially enhanced in any way. That's why I'd want it to be graded as accurately as possible by a reputable lab. That's my basic understanding of why you get a grading report.
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TTH
 
  1  
Reply Thu 25 Feb, 2010 02:35 pm
@gutterball,
gutterball wrote:
I've noticed that some sites selling engagement rings offer GIA certification on the diamond and some don't. Should you generally only buy diamonds with a grading report and what risks do you run if you don't? Would you buy a diamond from a place that didn't offer certification of any kind?
I would not buy a diamond that is expensive unless it was certified because you run the risk of paying way too much for the diamond. Then I would get an independent appraisal for insurance purposes. Robert Shipley and others started AGS and he founded GIA.

dofseo
 
  1  
Reply Thu 13 Oct, 2011 06:17 am
@TTH,
TTH: This is good idea never buy anything online without certification. and diamonds need GIA certification for diamonds quality.
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