GIA to Issue Reports for Synthetic Diamonds

The Gemological Institute of America’s famed grading lab is planning to issue grading reports for synthetic diamonds, GIA chairman Ralph Destino said at the World Diamond Congress in Israel. Destino’s initial announcement said the reports will be a different color (yellow) from GIA’s reports for natural diamonds, and that the synthetic stones will have the word “synthetic” inscribed on their girdles. Destino also said the word “synthetic” will appear nine times on the report. “GIA is a public benefit not-for-profit organization, and we take that obligation seriously,” Destino said. “The greater the disclosure, the greater the consumer confidence.” He said that by grading the stones, GIA will see more of them than it would if it issued only identification reports, as it now does. Destino noted that by issuing reports, GIA can “control the nomenclature. Some of

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