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GIA To Issue New Report For Consumers.
The Gemological Institute of America (GIA) reports that it would soon be issuing synthetic diamond grading reports in response to the growing number of gem-quality, laboratory-grown diamonds entering the marketplace. GIA contends that there is a need to distinguish them from natural diamonds.
Ralph Destino, GIA’s chairman, said, “GIA is a public benefit institution and, as such, has an official obligation to protect the public by providing the critical information needed to make informed decisions.”
“As a nonprofit entity serving the public trust, it is simply the right thing to do,” he said.
Accordingly, GIA has created a new grading report specific to synthetic diamonds. The new reports will provide a clear description of the synthetic, containing color, clarity, carat weight, and cut information when applicable. The design of the report will be markedly different from the current GIA Diamond Grading Reports for natural diamonds. Its distinctive yellow color will immediately identify it as a synthetic diamond grading report.
To further help the public and members of the industry readily distinguish synthetics from natural diamonds, the GIA Laboratory will laser-inscribe the word “synthetic,” along with the GIA report number, on the girdle of every synthetic diamond it grades.
Tom Moses, senior vice president, GIA Laboratory and Research, noted that GIA’s research scientists have been studying synthetic diamonds for more than 30 years and have carefully monitored the new technologies that create these stones.
“Once we start grading them,” Moses said, “we will be able to study a far greater number and variety of synthetic diamonds and we will report our findings as we proceed.”
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