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GIA vs. EGL- Part II

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cxc434

Rough_Rock
Joined
Jan 8, 2003
Messages
2
How off (compared to a GIA cert.) could EGL be?

I found a nice EGL, VS1/ F, with "ideal cut". The problem is I was looking for GIA. I realize GIA is more strict, but for a diamond of this quality, assuming worse case scenario, how much could the color and clarity drop if GIA was to certify the diamond?

I'm assuming cut does not come into play, as the dimensions of the diamond should be consistent with both EGL and GIA.

Any thoughts/ recommendations on buying an EGL??

Thanks in adavance!
 

oldminer

Ideal_Rock
Trade
Joined
Sep 3, 2000
Messages
6,387
Diamond dealers will haggle over the color and the clarity of a diamond with only an EGL report. The same is true for any diamond with any report other than from GIA or AGS. It isn't that EGL or the other labs always give loose grades, but it is the way most of the world operates, by haggling.

Diamonds just don't have retail prices or wholesale prices rigidly fixed to them. It is an unusual variety of a free market in action.

Take all grades with a slight degree of skepticism. Quibble over any small issues. That is just how diamond dealers work. The same works well for anyone who knows this is how to buy "right".
 

cxc434

Rough_Rock
Joined
Jan 8, 2003
Messages
2
Any idea on turn around time if the diamond is shipped to GIA? Am I correct to assume about $125 / carat?
 
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