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What does it mean that a diamond has ''potential'' in the GIA Report?

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jft1215

Rough_Rock
Joined
Jun 23, 2005
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I ran across one and wanted to know if this is common?
 
Thanks for the response Denver. I should probably elaborate. I was told that GIA has come back stating the stone has potential to be IF through polishing.
 
To clarify even further, I believe they said Flawless (not IF) since the inclusion was on the surface. Does this make any sense?
 
GIA makes these comments when appropriate. It would only happen in rather high clarity diamonds anyway. What they mean is that a cutter "could" eliminate all or some flaws with recutting. The goal would be to raise the clarity, therefore there is Potential for Improvement of the existing clarity grade.

Recutting can sometimes lose a lot of diamond weight and it isn''t a cheap or risk free process. It takes experience to make a decision to recut a very nice diamond in order to make a smaller, nicer diamond. Sometimes the economics are strong enough to make the decision easy, but many times it is a crap shoot.

Every IF diamond could become a Flawless one. However, the risk-reward ratio is low, and the economics rarely dictate such a small change will mean much.

Hope this clarifies the subject.
 
I really appreciate the reply Dave! I''ve read several of your posts since I''ve been on PS and as always you are clear and succinct. I am awaiting the Cert. and am guessing I''ll know when I get it. I''ll post on PS to get input from expert such as yourself if that''s ok....
 
Hi Jft,
When GIA recognizes the "potential" for a diamond to be re-cut into an Internally Flawless ( and loose only a small percentage of weight- I don't know the exact parameters for the weight) they issue a temporary report disclosing the current grade, and a guide for the cutter to follow to achieve the IF grade. The stone is, at that point, determined to be "Potentially Internally Flawless". Cutters and delaers refer to such stones as "E/VVS2 Potential"

If the person submitting the stone wishes, they can inform GIA that they will leave the diamond as is, then GIA prints a permanent report using the non improved grade. Or the cutter can re-cut and re-submit.

I've personally never seen a "Flawless" grade- only "Internally Flawless" maybe someone else has?
 
Thanks for even more clarification David. I may be assuming that it meant Flawless since it could be achieved through polishing (I''m new at all of this stuff). I''m supposed to be getting a copy of the cert (I believe the paper one you mentioned). I''ll see what it says on it.
 
Date: 7/13/2005 2:49:23 PM
Author: diamondsbylauren
Hi Jft,
When GIA recognizes the ''potential'' for a diamond to be re-cut into an Internally Flawless ( and loose only a small percentage of weight- I don''t know the exact parameters for the weight) they issue a temporary report disclosing the current grade, and a guide for the cutter to follow to achieve the IF grade. The stone is, at that point, determined to be ''Potentially Internally Flawless''. Cutters and delaers refer to such stones as ''E/VVS2 Potential''

If the person submitting the stone wishes, they can inform GIA that they will leave the diamond as is, then GIA prints a permanent report using the non improved grade. Or the cutter can re-cut and re-submit.

I''ve personally never seen a ''Flawless'' grade- only ''Internally Flawless'' maybe someone else has?
Click to expand...

Hi Dave


If you ever get down this way.... call me... I have one in my collection of Pet Rocks It''s a 1.11 Pear Shape, and it is FL

Which of course is why I bought it years ago, and have hoarded this incredible little pet rock!

Also have an incredible Chameleon and Red too. Rich Sherwood and Marty saw the chameleon a few weeks ago and I''ll be bringing some of my fancy colors and master set to run in his new SAS 2000.



Rockdoc
 
Cool Rocdoc- Thanks for the invite!
I feel so ..uninformed- but please tell me- What neck of the woods are you in?


I''d love to hear more about the chameleon and the red?
What shape are they?
What is the color grade is the chameleon?
 
Date: 7/17/2005 9:23:44 PM
Author: diamondsbylauren
Cool Rocdoc- Thanks for the invite!
I feel so ..uninformed- but please tell me- What neck of the woods are you in?


I''d love to hear more about the chameleon and the red?
What shape are they?
What is the color grade is the chameleon?
Click to expand...

I''m in Boca Raton FL....( good place to come visit when NY get cold,icy or snowy)

The chameleon doesn''t have a color grade. It says on the cert " Known in the trade as chameleon. Changes from fancy yellow to slightly greyish-green. Natural Color"

It''s a round stone 0.59 carats but has a very total color change. Takes about 10 minutes for the complete change, although it does start when exposed to light very quickly. It''s a VS-1 round brilliant.

The red is small ( can''t afford the big ones ) in fact in order to buy it - I had to buy some other fancy color diamonds in a parcel to get it. But they are so rare in a totally natural color - I couldn''t pass it up. It too is a round, as are the other fancies in that group.

Rockdoc
 
I have to admit when I originally heard about RockDoc's chameleon, I was saying "yeah, yeah, sure, sure...".

After viewing it, I was seriously impressed. The color change is dramatic, after exposure to just normal lighting. No jumping through hoops required.
 
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