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EGL legitimacy?

P: 6/28/2004 5:15:04 PM
Lil_Dal Rough Rock Total Posts: 9 Last Post: 10/4/2004 Member Since: 6/28/2004	Just wondering if you pros could tell me if EGL is legitimate? Thanks!
Posted: 6/28/2004 5:15:04 PM

There are 8 replies to this message. There are 8 replies on this page.

P: 6/28/2004 5:23:23 PM
valeria101 Ideal Rock Total Posts: 14,048 Last Post: 4/30/2006 Member Since: 8/29/2003	Not only that, but also one of the largest (STATS). You will find allot of talk about how their grades relate to other labs'... and so on. Ana "The greatest experts are only as good as the sum total of what they have seen." [Souren Melikian]
Posted: 6/28/2004 5:23:23 PM

P: 6/28/2004 5:24:19 PM
Diamondsbybree Ideal Rock Total Posts: 575 Last Post: 5/5/2005 Member Since: 6/24/2004	I recommend EGL New York. Of course GIA is known to be more accurate.
Posted: 6/28/2004 5:24:19 PM

P: 6/28/2004 5:31:16 PM
JHeebner Rough Rock Total Posts: 51 Last Post: 7/19/2004 Member Since: 5/10/2004	In the trade, word is they overgrade. At least that's the most common assessment I hear when the EGL name comes up. However, a lot of people still do business with them, so ... the truth is likely somewhere in between.
Posted: 6/28/2004 5:31:16 PM

P: 6/29/2004 3:41:48 AM
valeria101 Ideal Rock Total Posts: 14,048 Last Post: 4/30/2006 Member Since: 8/29/2003	---------------- On 6/28/2004 5:31:16 PM JHeebner wrote: so ... the truth is likely somewhere in between. ---------------- But the diamonds listed with EGL certificates are also less expensive, as a rule. One may (legitimately) think that only less-than-greta pieces would be sent to the EGL in the first place, but I would not cut a conclusion so clearly. Not only there seems to be some difference of standards between different EGL labs (branches in the US, Europe and Israel) but those EGL stones can turn out to be realy good buys. Ana "The greatest experts are only as good as the sum total of what they have seen." [Souren Melikian]
Posted: 6/29/2004 3:41:48 AM

P: 6/29/2004 4:10:50 AM
valeria101 Ideal Rock Total Posts: 14,048 Last Post: 4/30/2006 Member Since: 8/29/2003	I bet you would ask just how different GIA's and EGL's opinions on a diamond's grades could be and if the discount on non-GIA (or AGS) grades is... As far as I know, there is (nor could be) some public stats on this, but it seems that the sellers' decision between the two and the pricing does reflect some prevailing opinions of the trade. Here are two PS threads which dealt with the matter in some detail: See Garry's posts here and This thread Ana "The greatest experts are only as good as the sum total of what they have seen." [Souren Melikian]
Posted: 6/29/2004 4:10:50 AM

P: 6/29/2004 3:36:13 PM
oldminer Ideal Rock Total Posts: 4,964 Last Post: 11/20/2009 Member Since: 9/4/2000	The price differential of diamonds, in general, between stones graded at EGL, GAI and AGS paints a very accurate picture of how the diamond trade understands how each lab grades. EGL is generally the more liberal, GIA in between and AGS slightly more strict. This is IN GENERAL... It may not apply to your diamond or to any single diamond. I just saw a diamond GIA graded VS1, that the other two mentioned labs graded SI1. I found it incredible. While I must assume it is a mistake on GIA's part, there is no way to make an easy correction in such a case. That's why we must keep the general nature of these comments in mind as there are exceptions to nearly every generalization. The better the diamond deal sounds, the more likely there is some liberal grading involved. This is a generalization, but there is some truth to it, too. David S. Atlas GG(GIA), ASG, Sr. Mbr. NAJA www.datlas.com
Posted: 6/29/2004 3:36:13 PM

P: 6/29/2004 5:38:32 PM
JHeebner Rough Rock Total Posts: 51 Last Post: 7/19/2004 Member Since: 5/10/2004	---------------- On 6/29/2004 3:36:13 PM oldminer wrote: The price differential of diamonds, in general, between stones graded at EGL, GAI and AGS paints a very accurate picture of how the diamond trade understands how each lab grades. EGL is generally the more liberal, GIA in between and AGS slightly more strict. The better the diamond deal sounds, the more likely there is some liberal grading involved. This is a generalization, but there is some truth to it, too.---------------- Agree completely.
Posted: 6/29/2004 5:38:32 PM

P: 6/29/2004 5:43:49 PM
stillqueasy Rough Rock Total Posts: 3 Last Post: 6/29/2004 Member Since: 6/29/2004	I'm no pro -- but in my search for the right engagement ring, I've heard that grading varies between EGLs offices. I've heard NY is okay but to stay away from the EGL stones graded in Israel. Can someone confirm this? Peter
Posted: 6/29/2004 5:43:49 PM

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