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Clarity, Cut, and CultureThe Many Meanings of Diamonds$
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Susan Falls

Print publication date: 2014

Print ISBN-13: 9781479810666

Published to NYU Press Scholarship Online: March 2016

DOI: 10.18574/nyu/9781479810666.001.0001

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Valuing Diamonds

Valuing Diamonds

(p.57) 2 Valuing Diamonds
Clarity, Cut, and Culture

Susan Falls

NYU Press

This chapter examines the process of adding “value” to the diamonds, specifically discussing how the act of grading choreographs each gem into uniqueness and thereby enhancing its market value. It highlights the Gemological Institute of America (GIA), an institute dedicated to research and education in the field of gemology and the jewelry arts. Through their grading system the GIA acts as a vital resource of gem and jewelry information used in trade. In measuring a diamond's value, the GIA pays attention to microscopic differences commonly called “The 4 Cs,” which are carat, color, clarity, and cut. Diamonds with a GIA certificate are often believed to have special authenticity and prestige among collectors. The chapter also looks at some of the latest trends and developments in diamond grading, such as the use of laser saws, specialty cuts, and the branding of diamonds.

Keywords:   diamond, diamond grading, market value, Gemological Institute of America, gemology, jewelry, carat, diamond color, diamond clarity, diamond cut

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