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Certificates and ReportsAugust 14, 2007 Just read the latest Gems & Jewellery from the Gem-A, in which Harry Levy tells us the differences between "Diamond Grading Certificates" and "Diamond Grading Reports.""A certificate implies something factual is being reported on; i.e. it certifies that what has been stated is correct." Key word here is "factual." It either is, or it isn't. This is a fact. But diamond grading isn't factual. It is subjective. It's an art. Levy again: "A report states that an opinion is being given, but others may disagree with that opinion." Ah, diamond grading at its best; just an opinion. So how can diamond grading laboratories offer "certificates" when their grading is just an opinion? While grading reports may be backed by a monetary or replacement guarantee, according to Levy's definitions, subjective quality grading cannot be certified. It then begs to be said here: A Diamond Grading Report, by any other name, is still a Diamond Grading Report. And so what does this mean Martin? "First Rapaport Guaranteed and Certified Diamond Auction - New York - September 17-20, 2007 - Bidding on the Internet" Explain it to them, Harry! Posted by Gary Roskin on August 14, 2007 | Comments (8) Industries: Diamonds
August 15, 2007
In response to: Certificates and Reports Olivier Galibert commented: The problem with the laboratory work is more worrying than that. Whatever name is being used for the papers they issue, let's call it report here, IT IS JUST NOT FAIR THAT REPORTS BE PAID FOR ONLY ON THE BASIS OF AN OPINION AND THAT, WOULD A PROBLEM ARISE (contradictory report by another lab in another country OR in the same country, which often happens), THE LABORATORY WHICH ISSUED THIS REPORT COULD HIDE BEHIND THE FACT IT IS ONLY THIS. IT IS WELL KNOWN THAT GEMSTONES ARE BEING TRADED ALL OVER THE WORLD ON THE BASIS OF THESE “OPINIONS”. IF PROBLEMS (LAWSUITS) ARISE, WHY SHOULD THE DEALERS/RETAILERS BE LIABLE FOR SELLING WITH REPORTS MOST OF THEM DO NOT UNDERSTAND AT ALL? THE LABORATORY SHOULD FULLY STAND BEHIND ITS WORK AND NOT CLAIM THAT THIS WAS ONLY AN OPINION. I TOTALLY DISAGREE WITH THIS LACK OF RESPONSIBILITY. THE LABORATORIES SHOULD COMMIT TO OFFER TO WHOEVER WANTS IT THE FULL ANALYSIS THAT LED TO IDENTIFY A GEMSTONE. THIS IS SCIENCE AND NOT FORTUNE TELLING. THIS IS WHAT they are BEING PAID FOR. In fact this would probably only remove unserious people from the game. Why would anybody be afraid of this?
September 5, 2007
In response to: Certificates and Reports Michael Cohen commented: Consumer confidence
October 18, 2007
In response to: Certificates and Reports Michael Cohen commented: Diamond buying advice
December 6, 2007
In response to: Certificates and Reports Danny commented: “Buy your Diamond from a Reputable Retailer!”
December 28, 2007
In response to: Certificates and Reports Katrina commented: Certificates or Reports,it does not have a proper defination,everything is just about competition among all the diamond labratories,at the end of the day is just mere business for them rather than A RESPONSIBILITY.Once any Lab becomes well known the nature of grading ethics changes.It is very difficult to rely on any of these certs/reports completely as there is no standarisation among these labs.It has become very important to train one's eye to grade and
February 18, 2008
In response to: Certificates and Reports jeffery commented: Why is it critically important to see the diamond before you anything pay for it.(even a deposited)
February 20, 2008
In response to: Certificates and Reports DK commented: Pseudo Diamond Grading " Laboratory " Diamond Dealer
March 2, 2008
In response to: Certificates and Reports Daniel Katz commented: Just for the record my comments have been hijacked from my blogsite www.thediamondguru.blogspot.com
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