Diamond Grading – Basics
Loose diamond grading may be performed by any credentialed professional. The most strict and secure diamond grading is performed by top-tier laboratories issuing diamond certification (or grading reports) for loose diamonds, following a detailed process of intake and analysis.
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Diamond Grading DescribedA diamond’s grades, printed on a diamond certificate (or grading report) are used to establish its value. The diamond grading system developed by GIA in the 1950s is traditionally used describe and classify diamonds in four key areas: Carat, Cut, Color and Clarity. That diamond 4Cs assessment will be used to establish the diamond’s value.
Let’s Get PracticalDiamond grading is subjective, especially in the areas of color, clarity and cut. To keep diamond grading consistent, top-tier laboratories and appraisers use calibrated master color stone-sets and uniform clarity standards to ensure a baseline of uniformity. Nevertheless, a diamond that falls directly on the border of two grades may come out on one side of the other, depending on the subjective opinion of the gemologist making the judgment. Diamond grading also becomes very granular at the high end of the color and clarity scales. Standard Deviation Due to the subjective nature of color and clarity judgments a standard deviation of +/- one grade is deemed acceptable among professionals in the diamond grading industry. This is perfectly logical from an analytic standpoint. At point of sale, however, a difference of +/- one grade may have significant influence on value. For this reason, it’s important for a buyer and a seller to agree on the diamond certificate (or grading report) which will serve as the document of authority prior to sale. Upgrade / Trade-Up Policies The influence of standard deviation on diamond grading and value is mitigated when you buy from a seller who offers a full credit upgrade policy. Under such a policy the full amount you pay remains available for you to apply again to a different diamond, apples to apples, for the duration of that policy.
Real World InformationConsumers should be aware that diamond grading happens on several different levels of quality attention by those performing the analysis. Loose Diamond Grading Diamonds costing hundreds or thousands of dollars should be graded by a top-tier laboratory, capable of detecting the most modern treatments, enhancements and lab grown origin. Jewelry Identification and Grading Diamond and gemstone jewelry costing hundreds or thousands of dollars should also be certified by a top-tier laboratory, capable of detecting the most modern treatments, enhancements and lab grown origin. The report should be item-specific, providing specific 4Cs assessment of the center stone (not split color or clarity grades), weight and precious metal alloy used for the setting and general details of all side stones, if present. Department Store Grading Generic reports accompanying economical pieces like those seen in department store jewelry counters should not be confused with loose diamond certification (or grading reports). These documents are not item-specific, they are mass-produced to describe a production run of numerous similar pieces. They are not nearly as strict, accurate or expensive as stand-alone diamond grading reports or jewelry identification reports, prepared for a specific piece. Discount Diamond Grading Discount sellers in commercial markets may diamond grading reports issued by organizations willing to intentionally over grade diamonds. This occurs when an appraiser, laboratory or seller continually promotes diamonds as having better color or clarity grades than they would normally receive according to strict, industry-accepted international standards, misrepresenting those diamonds to buyers. Various EGL International overseas locations were exposed for over grading diamonds, prior to the organization being delisted by trading platforms, including PriceScope.
Intermediate Diamond Grading
Diamond Grading ProcessDiamond grading at top-tier laboratories follows a strict sequence of intake, analysis and reporting. Arrival Upon receipt, a diamond’s manufacturer’s part number (MPN) is recorded, and a unique tracking number is assigned by the laboratory. This tracking number frequently becomes the diamond grading report number. Diamond grading is anonymous. No company or submitter names are included which may identify the owner. Even the MPN may be redacted, to ensure no favoritism or bias. The most sophisticated laboratories include a chip in the diamond’s parcel by which it can be electronically tracked, to determine its location at any given moment. Analysis is conducted randomly and separately: the diamond returns to central control following each stage of grading, so the gemologists it becomes exposed to are random. 1. Carat Weight The first stage in diamond grading is weighing the diamond. Diamond grading scales are calibrated to three decimal places. Most laboratories establish carat weight to two decimal places, with the exception of the AGS, which reports to three. Measurements A diamond’s measurements are established using a 3D scan created in a diamond scanning device. In this process the diamond is placed upside-down on a rotary platform, surrounded by lights. The lights turn on and the silhouette of the diamond is captured eight times as it rotates. An integrated camera measures the angles of that silhouette. 2. Clarity and Finish Grading The second stage of diamond grading is the analysis of clarity and polish & symmetry, known collectively as finish. First Impression The reason clarity analysis is traditionally performed before color analysis is so the ‘first impression’ for a solo grader is clarity. That first impression, at 10X magnification, will determine the broad range of clarity into which that diamond should fall. Diamonds with characteristics which are immediately obvious or noticeable at 10X will fall into the lower five grades, whereas diamonds with characteristics which are minor, minute or extremely difficult to find at 10X will land in the higher grades. Polish, Symmetry and Treatments The gemologist next examines polish and symmetry quality and inspects the diamond for any treatments or enhancements such as laser drilling and resin filling. The polish and symmetry grades, and existence of any treatments are recorded. Plotting The gemologist uses a process known as the wedge technique, examining the diamond in segments, noting the location and nature of all relevant clarity characteristics on a clarity plot, creating a map of its characteristics. 3. Color and Fluorescence Grading The third stage of diamond grading is an analysis of color and fluorescence, if present. Upside Down Color Grading Gemological laboratories perform diamond grading of D to Z color with the diamond upside down and viewed through the side. This is done to permit a neutral view. Viewing a diamond from the top is not neutral because of three factors which may influence diamond color appearance in the “face-up” position:
- The diamond’s shape.
- The way the diamond was cut.
- The presence of diamond fluorescence
Advanced Diamond Grading
Diamond Grading RecheckAlthough top-tier laboratories apply similar standards, the subjective nature of diamond grading, particularly with color and clarity, creates a situation where a diamond’s owner may disagree with a laboratory’s assessment. Top-tier laboratories acknowledge the existence of standard deviation and account for that possibility by offering submitters the opportunity to have grades “rechecked.” This is facilitated by sending an email with preliminary results to the person or company who submitted the diamond. Upon request, the laboratory will honor ‘rechecks’ of any grades in question. Recheck Process The lab’s central control performs rechecks in the same anonymous manner as preliminary grading. For example, if a color grade is challenged, the diamond goes through the color grading process again. If the fresh result comes back in agreement with the owner’s challenge the grade will be changed. If the result comes back as it was before the grade will not be changed. Paid Service The owner is charged a fee for each grade rechecked, regardless of outcome. This is to prevent producers from compulsorily rechecking all grades, hoping some will be improved in the process. It also compensates the laboratory for the extra time on task.
- Owner expected: F color, VS2 clarity.
- Preliminary result: G color, VS2 clarity.
- Owner asks for recheck: Color.
- Recheck result: No change.
- Final grades: G-VS2
- Owner expected: F color, VS2 clarity.
- Preliminary result: H color, SI1 clarity.
- Owner asks for recheck: Color and clarity.
- Recheck result: Color moved to G. Clarity moved to VS2.
- Final grades: G-VS2
- Owner expected: F color, VS2 clarity
- Preliminary result: E color, SI1 clarity
- Owner asks for recheck: Clarity
- Recheck result: Clarity moved to VS2
- Final grades: E-VS2
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