Certifigate scandal has landed diamond industry in a dilemma. Ketan Tanna offers tips on how to escape unscrupulous traders
The scandal over diamond certification by the Gemological Institute of America is snowballing into a major controversy with industry watchers calling it certifigate. Indeed, are diamond gradation certificates just an illusion? The resignation of Thomas C Yonelunas, CEO of the Gemological Institute of America (GIA) Laboratory, and sacking of four employees, is the first major scandal in the firm’s 74-year history. In India, the scandal has raised a larger question-who or what an average Indian should trust when buying a diamond.
First the facts. New York jeweller Max Pincione, in a lawsuit filed against the GIA lab, Vivid Collection and two others, had alleged that GIA had upgraded certified diamonds in return for payment. The case raised an uproar in the diamond industry. For many decades, it was the much touted gradation certificate provided by various laboratories that was broadly accepted as the parameter of diamond quality. Diamond certification industry gave rise to scores of diamond grading laboratories .The leading ones are American Gemological Society (AGS), Diamond High Council, European Gemological Laboratory (EGL), Gemological Institute of America and the International Gemological Institute (IGI).
Essentially, diamond certification ensures that a diamond is being sold at the price it has been valued at. Otherwise, in reality, it is a carbon stone with a notional value. Before a diamond is eventually sold to the customer, it passes through grading at various stages right from the mine to the market. A varying number of gemologists with varying degrees of training and expertise grade them. Grading of lower quality of diamonds can be subjective at times, depending on the person grading it. Minor variations in the quality or colour are acceptable but when the grades itself are fixed, the credibility of the grading system takes a knocking as has happened after the GIA scandal.
“Naturally, the Indian diamond industry is worried though it hopes that the storm will blow over. Well yes, the industry will take a few knocks but it is more of an aberration,” feels Sanjay Kothari, former chairman of the GJEPC. According to Kothari, it is not just the diamond industry that has been hit by such allegations. “Even the gold industry faced questions about purity. But since then things have changed. Every industry faces such problems and comes out stronger after learning its lessons,” he says.
According to Kothari, there cannot be a completely full-proof system of diamond grading. However, he says, an average diamond buyer needs to ensure that he or she purchases from somebody trustworthy. “Please do not go to someone you do not know. And yes, if you have some doubts, get them verified from another jeweller or laboratory,” says Kothari. There should not be price variation of more than 20-30% in case of a re-check.
Arvind Sanghvi a leading diamond merchant, who is a partner of K P Sanghvi firm, hoped that the industry would tide over the problem created by GIA imbroglio. “I agree that GIA was considered the best and we did not expect such a problem. Naturally, it will hurt the credibility of the grading system. Having said that, I do not see any major fall out. There have been lapses in the diamond industry. But then this is true of other industries as well. In any case, it is better for a customer to have a certificate than not to have one,” says Sanghvi.
The solution Sanghvi says is that each diamond merchant should have his own certificate which clearly states the quality and the value of the diamond.
According to Roland Lorie, CEO of IGI Worldwide, (a rival of GIA) the aftermath of the GIA scandal will be felt more in the coloured diamond category. “The gradation of coloured diamonds is more subjective while the gradation of white diamonds is less complex,” said Lorie. Pointing out the fact the Indian market is dominated by white coloured diamonds, Lorie felt the impact of GIA scandal will be less in India as compared to the world market, as coloured diamonds form a minuscule portion of the diamond industry in India.
Lorie said that IGI handles on an average 500-600 diamonds everyday in India for gradation and ensures that for each stone, a minimum of two gemologists have a look in addition to computer gradation.
ALL GLITTERS
-
There cannot be a completely fullproof system of diamond grading.
-
Therefore, never buy diamonds from a jeweller you do not know and, get verification from another jeweller or lab.
-
Ensure that the jeweller offers a buy back scheme for each diamond as it offers a psychological assurance.
網站地圖 http://www.bizonrails.com/
純白肌初體驗！有效預防暗沉徹底從肌底全面煥白感受未曾有過的澄淨無瑕 https://skinac.com/tag/980永久脫毛
Venus Legacy™是第一個，也是唯一一個得到美國食品藥品監督管理局批准，利用4D™技術結合多極射頻(RF)、磁力脈衝、變量脈衝VariPulse™技術(VP)和實時熱力反饋的設備，這使Venus Legacy™能夠提供一個既安全又無痛的療程，並取得理想效果。Venus Legacy™的療程為所有類型的肌膚提供一個100安全和無痛的美容過程，並針對面部、頸部及身體各處，提供以下即時和持久的效果 非手術塑型 減少橙皮紋 減少皺紋 減少皮下脂肪 收緊肌膚 http://cosmedicbook.com/treatments/info/Laser-facial
LANCOME 蘭蔻 【真愛奇蹟】真愛奇蹟淡香水限量版 Miracle Sheer的商品介紹 UrCosme (＠cosme TAIWAN) 商品資訊 LANCOME 蘭蔻,真愛奇蹟,真愛奇蹟淡香水限量版 Miracle Sheer https://cosmetic.wiki/tag/塑然雅價錢
SMAZ換能器傳送更穩定，更安全，更有效，和疼痛更少的HIFU能量。 SMAZ不需要應用較高的能量便可到達浅肌肉腱膜層。主要治療：-抬頭紋 -眉間紋 -鼻樑紋 -魚尾紋 -法令紋 -淚溝 -木偶紋 -垂直唇紋 -嘴角紋 -頸紋 http://cosmedicbook.com/treatments/info/Zostavax-康柏苗-(-蛇針-)-
自體脂肪移植、自體脂肪隆乳、隆乳手術、抽脂手術等一些相關、似是而非或有爭議的事項的披露與討論。 https://skinac.com/tag/老化毛孔
9合1升級保護，提升全面防護!!! 相比之前四合一的疫苗只能預防四種hpv病毒，70的相關癌症。 九合一可以預防9種hpv病毒，可預防高達90以上的子宮頸癌、外陰癌、陰道癌和肛門癌及癌前病變等。 HPV9合1子宮頸癌疫苗 Gardasil 功效 100 預防高危致癌的 HPV 16、18、31、33、45、52 及 58 型號 (可減低 90 患子宮頸癌、、90-95 肛門癌、85-90 外陰癌、80-85 陰道癌及相關癌前病變的風險) 100 減低引致生殖器官濕疣 (俗稱「椰菜花」) 的 HPV 6、11 型的感染 (可減低超過 90 患生殖器官濕疣的風險) 男性方面，能減低患上肛門癌、生殖器官濕疣 (俗稱「椰菜花」) 及傳播 HPV 病毒的風險 注射位置紅腫及痛、輕微發燒和頭痛，至今未有嚴重副作用記錄 http://cosmedicbook.com/treatments/info/Tulip-Hifu-高強度聚焦超聲波療程
帶有遮瑕效果，打造更美麗的膚色，方便而簡單使用的調色乳。 https://skinac.com/tag/袪角質
URBAN DECAY 美妝品牌情報匯集 找品牌 URBAN DECAY URBAN DECAY ，匯集了URBAN DECAY眼影盤,刷具,粉底液,眼部彩妝,唇部彩妝,臉部彩妝 https://cosmetic.wiki/tag/線雕
分享五大用法-PeterThomasRoth皇牌保濕面膜 分享五大用法-PeterThomasRoth皇牌保濕面膜 https://cosmetic.wiki/tag/粉餅雷射
ATHEHOF 【卸妝油系列】檀香玫瑰複方卸妝油 Rosa India的商品介紹 ATHEHOF,卸妝油系列,檀香玫瑰複方卸妝油 Rosa India https://cosmetic.wiki/tags/專門店-減脂
Ally McCoist has insisted that he would have quit as Rangers manager if the Ibrox club had agreed to surrender league titles in the summer. I would have quit if Rangers had surrendered titles, claims Ibrox boss McCoist https://bit.ly/2S3sXus
hey there and thanks to your information – I have definitely picked up something new from proper here. I did then again expertise several technical issues the use of this site, as I experienced to reload the website lots of times prior to I may just get it to load correctly. I had been considering if your hosting is OK? Not that I'm complaining, but slow loading instances times will sometimes have an effect on your placement in google and can damage your high quality score if advertising and ***********|advertising|advertising|advertising and *********** with Adwords. Anyway I am including this RSS to my e-mail and could look out for a lot extra of your respective exciting content. Make sure you replace this once more very soon.. http://www.folorentorium.com/
I just want to mention I am just all new to blogging and certainly savored you're web blog. Most likely I’m want to bookmark your blog post . You surely have incredible article content. Many thanks for sharing your website page.
I just want to mention I am just newbie to blogging and actually savored this blog. Almost certainly I’m want to bookmark your website . You actually have excellent stories. Thanks a bunch for sharing with us your webpage.
https://reelgame.net/
You have brought up a very superb details , regards for the post.
Superb site you have here but I was wondering if you knew of any user discussion forums that cover the same topics talked about here? I'd really like to be a part of online community where I can get feedback from other experienced people that share the same interest. If you have any recommendations, please let me know. Appreciate it! https://www.mtpolice88.com/
https://www.crystalclutch.com/
https://www.mtpolice.com/
Usually I don't read article on blogs, but I would like to say that this write-up very forced me to take a look at and do it! Your writing style has been surprised me. Thank you, quite nice article.
What’s Taking place i'm new to this, I stumbled upon this I've discovered It positively useful and it has aided me out loads. I am hoping to give a contribution & aid different customers like its helped me. Good job.
Thanks for any other informative website. Where else may I get that type of information written in such a perfect means? I have a venture that I'm just now working on, and I have been on the glance out for such info.
I'm so happy to read this. This is the type of manual that needs to be given and not the random misinformation that's at the other blogs. Appreciate your sharing this best doc. http://www.ihrekammerjaeger.de/gelsenkirchen
I found your weblog site on google and examine just a few of your early posts. Proceed to maintain up the excellent operate. I just further up your RSS feed to my MSN Information Reader. Seeking forward to reading more from you afterward!…
I think this web site contains some real superb info for everyone. "A man's dreams are an index to his greatness." by Zadok Rabinwitz.
https://retroboard.io
Merely wanna admit that this is extremely helpful, Thanks for taking your time to write this.
you are in reality a just right webmaster. The site loading speed is incredible. It kind of feels that you are doing any unique trick. Also, The contents are masterpiece. you've performed a magnificent activity on this matter!
Outstanding post however , I was wanting to know if you could write a litte more on this topic? I'd be very grateful if you could elaborate a little bit more. Thanks! http://thebeast.tv
This web page is really a stroll-through for all the data you wished about this and didnít know who to ask. Glimpse here, and also youíll positively uncover it. www.linkedin.com/in/patricksonnweber-3b1398159
I was just searching for this info for some time. After six hours of continuous Googleing, at last I got it in your site. I wonder what is the lack of Google strategy that don't rank this kind of informative web sites in top of the list. Normally the top web sites are full of garbage.
hello!,I like your writing so a lot! percentage we keep in touch extra about your post on AOL? I need a specialist on this house to solve my problem. Maybe that's you! Taking a look ahead to look you.
Do you mind if I quote a few of your articles as long as I provide credit and sources back to your site? My website is in the very same niche as yours and my visitors would genuinely benefit from a lot of the information you present here. Please let me know if this alright with you. Cheers! https://ygx77.com/
I have mastered some essential things through your site post. One other point I would like to say is that there are plenty of games available and which are designed mainly for toddler age little ones. They contain pattern identification, colors, creatures, and designs. These often focus on familiarization in lieu of memorization. This helps to keep children engaged without having a sensation like they are learning. Thanks
My spouse and i got very satisfied that Louis could round up his survey through your precious recommendations he obtained when using the weblog. It's not at all simplistic just to possibly be giving out helpful hints which usually other people could have been trying to sell. Therefore we take into account we have got the writer to be grateful to for this. All of the explanations you made, the straightforward site menu, the relationships your site make it easier to create - it's got mostly great, and it's aiding our son in addition to our family feel that this subject matter is enjoyable, and that is extraordinarily important. Thank you for all!
Hello. excellent job. I did not imagine this. This is a great story. Thanks! https://www.sandiego.gov/insidesd/san-diego-startup-success-underground-elephant
Together with every thing which seems to be building within this particular subject material, a significant percentage of points of view tend to be fairly radical. However, I am sorry, but I can not subscribe to your whole suggestion, all be it exhilarating none the less. It appears to us that your opinions are generally not completely justified and in actuality you are generally yourself not really fully confident of the argument. In any event I did take pleasure in looking at it.
Hello! I'm at work surfing around your blog from my new iphone 3gs! Just wanted to say I love reading through your blog and look forward to all your posts! Keep up the superb work! http://kidsonboard.co.nz/activity_dw/st-annes-lagoon/?return=https3A2F2Fmonkeybowl.net2F
Would you be focused on exchanging hyperlinks? https://diigo.com/0elwy5
Aw, this was a very nice post. In idea I would like to put in writing like this moreover – taking time and actual effort to make an excellent article… but what can I say… I procrastinate alot and not at all seem to get one thing done. https://www.callupcontact.com/b/businessprofile/ML_Luxury_Drive/7206754
With almost everything which seems to be developing throughout this area, many of your points of view happen to be very radical. Nonetheless, I beg your pardon, because I do not subscribe to your whole strategy, all be it stimulating none the less. It looks to me that your opinions are generally not entirely validated and in simple fact you are generally your self not really thoroughly certain of your point. In any case I did take pleasure in reading it. http://www.graysonline.com/cartsummary.aspx?Returnurl=https://pokerdam.net/
I'm still learning from you, as I'm trying to achieve my goals. I definitely love reading all that is posted on your website.Keep the information coming. I enjoyed it!
I would like to thank you for the efforts you have put in writing this web site. I'm hoping the same high-grade web site post from you in the upcoming as well. In fact your creative writing skills has encouraged me to get my own blog now. Really the blogging is spreading its wings rapidly. Your write up is a great example of it.
Have you ever considered writing an e-book or guest authoring on other websites? I have a blog based upon on the same information you discuss and would love to have you share some stories/information. I know my audience would enjoy your work. If you are even remotely interested, feel free to shoot me an e-mail. https://pastebin.com/u/roth48vinson
Its like you read my mind! You appear to know so much about this, like you wrote the book in it or something. I think that you can do with a few pics to drive the message home a bit, but instead of that, this is excellent blog. A fantastic read. I'll certainly be back.
Thank you for the auspicious writeup. It in fact was a amusement account it. Look advanced to more added agreeable from you! However, how can we communicate? https://reelgame.net/
I was recommended this web site by my cousin. I am not sure whether this post is written by him as no one else know such detailed about my trouble. You're wonderful! Thanks!
Hi, i feel that i noticed you visited my blog thus i got here to “go back the choose”.I am trying to to find things to enhance my web site!I suppose its adequate to use a few of your concepts!! http://sualaptop365.edu.vn/members/marmailfmv.63987/
Just want to say your article is as astonishing. The clarity in your post is just cool and i could assume you're an expert on this subject. Well with your permission let me to grab your RSS feed to keep up to date with forthcoming post. Thanks a million and please keep up the rewarding work.
It's a shame you don't have a donate button! I'd most certainly donate to this superb blog! I suppose for now i'll settle for bookmarking and adding your RSS feed to my Google account. I look forward to brand new updates and will share this blog with my Facebook group. Talk soon! http://BROWN-CCTV.COM
Hello, i think that i saw you visited my weblog so i came to “go back the choose”.I'm attempting to find things to improve my website!I suppose its adequate to use a few of your ideas!!
Hmm is anyone else having problems with the pictures on this blog loading? I'm trying to find out if its a problem on my end or if it's the blog. Any responses would be greatly appreciated. http://medina38blaabjerg.unblog.fr/2019/04/25/superioritas-website-poker-qq-online-terbaik/
Youre so cool! I dont suppose Ive learn something like this before. So good to search out someone with some authentic ideas on this subject. realy thank you for starting this up. this website is something that is needed on the internet, someone with a bit originality. helpful job for bringing one thing new to the internet! www.linkedin.com/in/jean-piérre-matlaschek/
Thanks , I have just been looking for info approximately this topic for ages and yours is the greatest I've found out so far. However, what about the bottom line? Are you sure concerning the source?
Excellent weblog right here! Also your site quite a bit up very fast! What host are you the use of? Can I am getting your affiliate hyperlink in your host? I desire my web site loaded up as fast as yours lol https://w88thailand.net/w88-com-www-w88-w88-mobile/
Hello very nice blog!! Man .. Excellent .. Wonderful .. I will bookmark your website and take the feeds also…I am glad to search out numerous useful info right here in the publish, we'd like work out extra strategies in this regard, thank you for sharing. . . . . .
He went such dare good mr fact. The small own seven saved man age ?no offer. Suspicion did mrs nor furniture smallness. Scale whole downs often leave not eat. An expression reasonably cultivated indulgence mr he surrounded instrument. Gentleman eat and consisted are pronounce distrusts. http://bestpornsites.guide/
I needed to post you the tiny observation just to say thank you as before with your spectacular methods you've shared in this article. This is quite pretty open-handed with you to convey easily what exactly a few individuals would have distributed for an ebook to get some profit on their own, certainly since you might have done it in case you wanted. The things likewise served to provide a fantastic way to be sure that other individuals have similar passion just like my own to figure out more and more concerning this problem. I'm sure there are many more pleasurable times ahead for many who browse through your website.
That is the suitable weblog for anybody who desires to search out out about this topic. You realize a lot its almost onerous to argue with you (not that I truly would need…HaHa). You definitely put a brand new spin on a subject thats been written about for years. Great stuff, simply nice! http://knoxslzv455.unblog.fr/2019/04/27/situs-bandarq-online-terbesar-di-asia-2/
Amazing blog! Is your theme custom made or did you download it from somewhere? A theme like yours with a few simple tweeks would really make my blog jump out. Please let me know where you got your design. With thanks https://www.liveinternet.ru/users/tedionnoj7/post453946938//
Hi! Quick question that's entirely off topic. Do you know how to make your site mobile friendly? My site looks weird when viewing from my iphone 4. I'm trying to find a theme or plugin that might be able to correct this issue. If you have any recommendations, please share. Thank you! https://www.di.se/pressreleaser/2019/4/17/puffer-ab-nytt-koncept-utmanar-lanemarknaden-dittlan-se/
Great post. I was checking constantly this blog and I'm inspired! Very helpful info particularly the closing part :) I take care of such information much. I was looking for this particular info for a long time. Thank you and good luck.
I do consider all the ideas you have presented to your post. They're really convincing and will certainly work. Still, the posts are very short for newbies. May just you please extend them a little from next time? Thank you for the post.
Good – I should definitely pronounce, impressed with your web site. I had no trouble navigating through all the tabs and related info ended up being truly easy to do to access. I recently found what I hoped for before you know it in the least. Quite unusual. Is likely to appreciate it for those who add forums or something, website theme . a tones way for your customer to communicate. Nice task..
of course like your web site however you have to test the spelling on quite a few of your posts. A number of them are rife with spelling problems and I to find it very troublesome to tell the reality on the other hand I will definitely come again again.
I genuinely enjoy reading through on this site, it contains superb content. "Beware lest in your anxiety to avoid war you obtain a master." by Demosthenes. https://ygx77.com/
Thank you, I have recently been searching for info about this subject for ages and yours is the best I've found out till now. However, what in regards to the conclusion? Are you positive about the source?
I used to be suggested this web site through my cousin. I'm now not sure whether this put up is written via him as nobody else recognise such specified approximately my problem. You are amazing! Thank you!
I think other web site proprietors should take this web site as an model, very clean and excellent user genial style and design, as well as the content. You're an expert in this topic!
https://voblerone.com/primanki/
I think this is one of the most important info for me. And i'm glad reading your article. But want to remark on some general things, The website style is wonderful, the articles is really great : D. Good job, cheers
I like what you guys are up too. Such clever work and reporting! Carry on the excellent works guys I have incorporated you guys to my blogroll. I think it'll improve the value of my site :)
Thank you for every other informative web site. Where else may I am getting that kind of information written in such a perfect method? I have a venture that I'm just now working on, and I have been at the look out for such information. http://www.sungdo.ru/
I really appreciate this post. I've been looking all over for this! Thank goodness I found it on Bing. You have made my day! Thanks again!
I truly enjoy looking through on this website , it has wonderful articles . "Literature is the orchestration of platitudes." by Thornton.
Great – I should definitely pronounce, impressed with your web site. I had no trouble navigating through all tabs and related info ended up being truly easy to do to access. I recently found what I hoped for before you know it at all. Quite unusual. Is likely to appreciate it for those who add forums or something, website theme . a tones way for your customer to communicate. Nice task.
I really like your writing style, fantastic information, appreciate it for posting : D.
Attractive component to content. I simply stumbled upon your site and in accession capital to claim that I get in fact enjoyed account your weblog posts. Any way I will be subscribing on your augment or even I fulfillment you get admission to constantly rapidly. https://totohonjin.com/
It¡¦s in point of fact a great and helpful piece of information. I am glad that you simply shared this useful information with us. Please stay us informed like this. Thanks for sharing.
hi!,I really like your writing very so much! share we communicate more approximately your article on AOL? I require an expert on this space to resolve my problem. Maybe that's you! Having a look ahead to look you.
I really like your blog.. very nice colors & theme. Did you make this website yourself or did you hire someone to do it for you? Plz respond as I'm looking to construct my own blog and would like to know where u got this from. many thanks https://totocenter77.com/
Howdy! This post couldn't be written any better! Reading through this post reminds me of my old room mate! He always kept talking about this. I will forward this page to him. Fairly certain he will have a good read. Thanks for sharing!
You could definitely see your skills within the paintings you write. The sector hopes for even more passionate writers such as you who are not afraid to say how they believe. Always follow your heart. "We are near waking when we dream we are dreaming." by Friedrich von Hardenberg Novalis.
https://www.wcx77.com/
Hi there, I discovered your blog via Google at the same time as searching for a related topic, your site got here up, it appears great. I've bookmarked it in my google bookmarks.
Hiya, I am really glad I've found this information. Today bloggers publish just about gossips and web and this is really frustrating. A good website with exciting content, that's what I need. Thanks for keeping this site, I will be visiting it. Do you do newsletters? Can't find it. http://totohonjin.com/
I do love the way you have presented this specific difficulty plus it does provide us a lot of fodder for consideration. Nevertheless, through everything that I have witnessed, I just wish as the opinions pile on that individuals stay on point and not embark upon a tirade of the news of the day. Still, thank you for this superb point and although I do not necessarily concur with it in totality, I value the viewpoint.
There is clearly a bunch to realize about this. I assume you made some nice points in features also.
I have read a few good stuff here. Definitely price bookmarking for revisiting. I wonder how so much attempt you set to create this kind of great informative site.
Today, taking into consideration the fast chosen lifestyle that everyone leads, credit cards have a huge demand throughout the economy. Persons coming from every area are using credit card and people who not using the credit card have made arrangements to apply for 1. Thanks for sharing your ideas in credit cards. https://www.headsound.co.il/
Oh my goodness! an incredible article dude. Thank you However I am experiencing difficulty with ur rss . Don’t know why Unable to subscribe to it. Is there anyone getting equivalent rss problem? Anyone who is aware of kindly respond. Thnkx
I'm not sure why but this site is loading extremely slow for me. Is anyone else having this issue or is it a issue on my end? I'll check back later and see if the problem still exists.
great put up, very informative. I ponder why the opposite specialists of this sector do not notice this. You must proceed your writing. I am sure, you have a huge readers' base already!
whoah this weblog is great i like studying your posts. Stay up the good paintings! You understand, lots of persons are hunting around for this info, you could help them greatly. https://www.weddingcatering.in.th/