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GIA's Arch Nemesis...GCAL?
March 29, 2007
Customers come in saying; “I would like a certified diamond, a GIA certified diamond.” You know they're reports, you repeat the word report back to them…while they look at you with a grin thinking you have no idea what you’re talking about because they looked it up on the net. Unfortunately, most sales associates don’t take the time to inform customers that they are “reports” not “certificates.” Most don’t want to confuse the customer more then they already are.
The customer has faith in GIA and trusts jewelers to supply them with diamonds that have this piece of paper. Do you tell them any different? Do they really want or need to know that the results of a GIA report are opinions (note: tested and highly respected opinions) but not guaranteed beyond that.
Along comes GCAL. A lab that actually does issue diamond certificates. Modern Jeweler’s January article states, “GCAL guarantees color and clarity grade accuracy to within one grade of GIA or the lab will refund the difference in value in cash.” How is this possible? Isn’t GIA “the world’s most trusted name in diamond grading and gemstone identification?” Then why didn’t GIA develop this same kind of consumer guarantee?
I don’t deny that GIA will always be a huge part of our industry. “GIA is the corporate birthplace of the International Diamond Grading System™ and the creator of the famous 4Cs of Diamond Value – color, clarity, cut, and carat weight,” but aren’t they now behind?
Did you know Blue Nile is selling diamonds with GCAL certificates…a company that thinks they are going to hit a billion dollars in sales? Word gets around fast when you’re selling a billion dollars in diamonds.
Should we all jump on the bandwagon and start getting our diamonds certified instead of having them accompany reports? Will our customers feel even more secure? Could GCAL certificates lead to an increasing amount of diamonds sales?
Posted by Shanu Singh Guliani on March 29, 2007 | Comments (7)