Diamond Buying

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I m p o r t a n t   T e r m s
GIA Gemological Institute of America—the leading independent Gemological laboratory in the U.S.A.
EGL European Gemological Laboratory—the leading independent Gemological laboratory in the world.
AGS American Gem Society
Color Grading Scale
Describes the amount of color the diamond contains. Ranges from colorless to yellow.
Good color means no color.
EGL - GIA D E F G H I J K L M N O P Q R S T U V W X Y Z
  COLORLESS NEAR COLORLESS FAINT YELLOW VERY LIGHT YELLOW LIGHT YELLOW
Clarity Grading Scale
Describes the purity of the diamond. Most diamonds contain tiny natural marks called identifying characteristics or inclusions.
The number of identifying characteristics or inclusions, their size, their nature and location all affect the diamond’s clarity grade.
EGL - GIA FLAWLESS VVS1 VVS2 VS1 VS2 SI1 SI2 SI3 I1 I2 I3
  INTERNALLY FLAWLESS VERY VERY SLIGHT INCLUSIONS VERY SLIGHT INCLUSIONS SLIGHT INCLUSIONS IMPERFECT
Cut
Refers to the proportions, finish, symmetry and polish of the diamond.
These factors influence the fire, brilliance, sparkle and beauty of a diamond.
This is the only C controlled by a person, how well the cutter has perfected the cut.

Carat Weight
Diamond weight is measured in carats. Every carat is divided into 100 points.
For example, a 125 point diamond is 1 1/4 carats.
The 4 C’s are four variables that are used to determine a diamonds value.

Clarity: Clarity is described as the clearness or purity of a diamond. This is ultimately determined by the number, size, nature and location of the internal identifying characteristics (inclusions) and external imperfections (blemishes).

The following scale shows the different grades of clarity.

SYMBOL MEANING DEFINITION
F Flawless Free from all inclusions and blemishes
IF Internally Flawless No inclusions visible at 10x magnification
WS1 Very, Very Slightly Included Inclusions that are extremely difficult to locate at 10x
WS2 Very, Very Slightly Included Inclusions that are very difficult to locate at 10x
VS1 Very Slightly Included Minor inclusions that are difficult to locate at 10x
VS2 Very Slightly Included Minor inclusions that are somewhat difficult to locate at 10x
SI1 Slightly Included Noticeable inclusions that are easy to locate at 10x
SI2 Slightly Included Noticeable inclusions that are very easy to locate at 10x
SI3 Slightly Included Some inclusions may be seen with the unaided eye
I1 Included Obvious inclusions. Somewhat easy to locate with the unaided eye
I2 Included Obvious inclusions. Easy to locate with the unaided eye
I3 Included Obvious inclusions. Very easy to locate with the unaided eye
The above clarity grading scale is in accordance with the GIA (Gemological Institute of America) and EGL (European Gemological Laboratory) standards.

Buyer Beware!
There are two methods used to enhance the clarity grade given to a diamond. They are laser drilling and fracture filling. Laser drilling is the process in which a laser is used to drill a tiny hole into a diamond and the dark inclusion or identifying characteristic is changed to a light inclusion and fracture in filling, in which an inclusion is changed from white to colorless. Neither process removes inclusions, so therefore does not improve the clarity grade, but both improve the appearance” of the diamond and may be very difficult to detect without proper equipment. Either of these treatments must be disclosed to the customer prior to sale.  House of Jewels does not buy laser drilled or fracture filled diamonds unless you request one.

Color: This “C” describes the color the diamond contains. The range of color can go from colorless to yellow with slight tints of yellow, gray or brown. Colors that range from intense yellow to brown, blue, green, pink or red are called fancy colors and are rare and therefore more valuable. At House of Jewels , we have access to tens of thousands of available diamonds from worldwide sources with over night delivery.
EGL, GIA COLOR • COMMERCIAL GRADING
D, E, F COLORLESS (WHITE)
G, H, I, J NEAR COLORLESS (WHITE)
K, L, M FAINT YELLOW
N, O, P, Q, R
 
N, O, P, Q, R
REFLECTION. (A)
S, T, U, V, W, X, Y, Z LIGHT YELLOW
Buyer Beware!
It is possible to influence the color of a diamond by irradiation treatment followed by heat treatment. This method is not recommended but is used to change the color of a diamond. The draw back of this treatment is that you risk color change over time.
Carat Weight: This is the unit weight of the diamond. A carat is further subdivided into a 100 points (0.01 carat =1 point). One carat is equal to 0.20 grams. Value of carat increases with carat size, because larger rough diamonds occur less frequently. In other words, two half-carat diamonds taken together will not cost as much as one one-carat diamond, as the one-carat stone is more rare.

Ten Facts You Need to Know Before buying a Diamond

  1. 1. Never compromise on the cut. Cut determines the brilliance of the diamond
  2. Consider only certified diamonds by independent labs like AGS, GIA or EGI
  3. Fluorescence—What is good and bad. Know the difference.
  4. Be aware of treated diamonds—clarity and color enhancement.
  5. Only buy loose diamonds. None of the 4 C’s can be determined in a setting.
  6. Deal with an established reputable company, one who is a member of the American Gem Society (AGS). Less than 5% of the jewelers in America meet the high standards of this organization and are privileged to become members.
  7. Avoid “sales” or other promotions. The only thing discounted is the quality. How do you know what you’re getting.
  8. Know the return policy.
  9. Know the upgrade policy. No other jeweler offers 100% diamond trade-in with no additional investment required. House of Jewels does.
  10. Make sure that everything is written down so you know exactly what you are buying.

How a Diamond Handles Light

The way a diamond sparkles in the light is called its BRILLIANCE and FIRE. These are not subjective terms, but can be scientifically defined.

As an example, if the same amount of light should fall on a pile of black carbon powder as on a cut diamond. Both are formed from the same chemical, but clearly they will handle that light in quite different ways.

Most of the light which falls on the powder is absorbed, which is why it appears black. But when light strikes a diamond, part of the ray is reflected from the surface. This is called EXTERNAL REFLECTION. (A)

The other part of the ray enters the diamond and, as it does so, it bends due to the greater optical density of a diamond. This is called REFRACTION. The light is then reflected from the internal surfaces of the diamond which is INTERNAL REFLECTION. (B)

The ray then emerges from the top of the diamond where, once again, it is bent or refracted and is separated into the colors of the spectrum. It is this DISPERSION that gives the diamond its fire. (C)
 

A
When a ray of light touches the surface of a diamond, part of the ray is reflected back into the eye of the observer. This phenomenon is called external reflection.
B
The rest of the ray of light penetrates the stone and is then deflected towards the center of the diamond. This is known as refraction. The ray reaches the internal surfaces of the diamond at points 1 and 2. This is called internal reflection. The brilliance of the diamond depends on the amount of internal and external reflections of light from the diamond to the eye.
C
The ray of light is reflected to the surface of the stone where it is seen as the colors of the spectrum (the “rainbow effect”). This phenomenon is known as dispersion. The fire of the diamond is the visible effect of dispersion. The sparkle is the flashing effect seen when a diamond moves in the light.
Cut: Refers to the proportions, finish, symmetry and polish of the diamond. These factors determine the fire and brilliance of the diamond. Well cut diamonds sell at premium and poorly cut diamonds sell at discounted prices. With the advent of new technology, the cut of the diamond can be etermined through the use of the Sarin system, a computerized system which takes accurate measurements and proportions of the diamond in seconds. Another way of calculating measurement is the Leveridge Gauge. As an example, a round brilliant cut, which has 58 facets, is shown below. Since the quality of the cut is directly responsible for the stone’s beauty, the precision with which the facets are arranges is of prime importance. They determine the amount of light reflected to the eye, called brilliance.
The proportions displayed by the stone are very significant. Two of the key factors in the grading of
the cut quality—table percentage and depth percentage—are usually expressed on grading
reports. Measurement of three different parameters allows for easy calculation of these percentages
by using the formulas expressed below.
Fine Cut
No loss of refracted light
Heavy Cut
Light is lost through sides
Shallow Cut
Light is lost through bottom (95% of diamonds)

Without attention to quality cutting, this is lost and not returned to the eye.

 

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