Not all Labs like labs

[Garry H (Cut Nut)]

The GIA makes heaps grading natural diamonds. The IGI makes heaps grading LGD’s. HRD grades so few synthetics they have nothing to lose in stopping all together. GCAL? Does Sarine have a plan?
These numbers are from a wholesale platform that sells both, for all shapes and weights.
If I could invest in the GIA I would (and maybe I could even get them to become a consumer protection business?)
I posted this in the other forum but so as not to be accused of being racist - I am posting it here too:

 

[0515vision]

Thank goodness @John Pollard looked favorably on LGDs. IGI had foresight.

 

[Garry H (Cut Nut)]

Thank goodness @John Pollard looked favorably on LGDs. IGI had foresight.

So did BlackStone who bought them for heaps.
John has been doing great things there as Director of Global Education.
PS the chart does not show properly on my screen - here it is:

 

[DejaWiz]

So did BlackStone who bought them for heaps.
John has been doing great things there as Director of Global Education.
PS the chart does not show properly on my screen - here it is:

@Garry H (Cut Nut) is the statement "Not all labs like LGDs" a bit...disingenuous?
I would think that it is the LGD producers that select the grading lab based on their own economic factors (likely, the price tag of lab services being the primary of the factors).

 

[Garry H (Cut Nut)]

@Garry H (Cut Nut) is the statement "Not all labs like LGDs" a bit...disingenuous?
I would think that it is the LGD producers that select the grading lab based on their own economic factors (likely, the price tag of lab services being the primary of the factors).

Yes, 100%, and turn around time.
When the grading is done by the firm itself in their own factory, as is often the case with larger Indian companies (with IGI auditing presumably) then turnaround as an issue has been solved.
The whole point with LGD is turn around time.
Natural diamonds are said to have about a 3 times stock turn.
I expect 5 or more turns per year might be common among LGD's for manufacturers?