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Do We Really Need Another Diamond Grading Lab?

Diamond grading laboratories seem to be cropping up all over the place these days.

Every time I think the diamond grading market has finally peaked with the saturation of new grading labs all claiming a new twist and a different niche, somebody else pops up with a new report and a new lab.

The Dubai Multi Commodities Centre (DMCC) today announced the launch of International Diamond Laboratories (IDL), its new diamond certification service, which is set to become the global service provider for "high-quality diamond certificates" (where have I heard that before..).

CGAL (Gem Certification & Assurance Lab) also announces today the launch of their new website at gemfacts.org.

Not unlike the herpes virus, many of these new labs. can disappear just as quickly as they arrived.
BTW, the herpes analogy is appropriate in more ways than one...;-)

Isn't it funny though, with all of the new mom and pop diamond grading labs that have sprung up all over the world in recent years, the standard bearers and most respected diamond grading laboratories/certificates in the industry (and amongst consumers) are still the GIA and AGS.


Posted by Judah Gutwein on March 28, 2007 11:10 AM in Diamond News | Comments (0)

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