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Soon GIA Will Offer Cheaper Reports On Lab-Grown Diamonds

Lab-grown diamonds are becoming more affordable, as are some of their reports.

The Gemological Institute of America's (GIA) grading lab will begin offering less priced, more stripped-down lab-grown diamond reports next year, which will include the 4Cs but exclude other information unique to lab diamonds. "We will issue a new digital-only report for laboratory-grown diamonds with the 4Cs criteria in the first quarter of 2023," says spokesperson Stephen Morisseau.

"The new report will not mention growth technique or post-growth therapies, reflecting how the industry has evolved and the reality that there is less customer or retailer interest in growth method and treatments." "Because this information is expensive to obtain, the new report will be less expensive," he argues.

The new reports will also lack inclusion plots. GIA will continue to provide its current laboratory-grown diamond reports, which include information on whether the diamond was treated, the method of production (high-pressure, high-temperature, or chemical vapour deposition), and inclusion plots.

According to market sources, GIA's diamond reports are not as well-known in the lab-grown diamond market as they are in the natural diamond market. They point out that GIA's reports are more expensive than those of other labs—at least for the time being—and that GIA's grading standards are also considered stricter than those of some of its competitors.

The Gemological Institute of America (GIA) produces a GIA Diamond Grading Report following a comprehensive and detailed inspection of your diamond. It contains information on every crucial aspect of your diamond. Your diamond is more than its cut, colour, clarity, and carat weight. They have the best reputation for diamond grading accuracy. A diamond with a GIA diamond report is worth more than one graded by EGL USA. Not only when you buy it, but also if you decide to sell it or trade it up in the future. You'll get a lot more money for it.

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Billionaire Laurence Graff paid a record-breaking $46.1 million for a magnificent vivid pink diamond weighing 24.78 carats. Originally owned by his competitor Harry Winston, it now carries graff’s name and is a part of the legendary collection of rare diamonds.

We usually advise brilliant round diamonds with a cut grade of very good, ideal, or super ideal for engagement rings (also known as hearts and arrows). A high cut grade maximises a diamond’s beauty for a given carat weight.

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It’s crucial to have a concept of what you might prefer before starting your search because it will enable you to focus on fewer of the many engagement ring possibilities that are now available. Also, when you initially start browsing, it helps to have a few distinct design concepts and the overall budget because the variety can be overwhelming.

Here are Engagement Ring Trends 2023:

1. Modern Art-Deco
2. Colored Stones
3. Lab-Grown Diamonds
4. East-West Settings
5. Multiple Large Stones

The traditional round diamond form, which is the most common, may come to mind when you think of diamonds. But if you want something different, a tonne of alternative forms may be found to suit your unique taste and style. Each diamond shape has its own fire and brilliance because they are cut to different standards, altering how they reflect light.

The most popular kinds of diamonds are listed below:

1. Round Brilliant Cut Diamonds
2. Princess-Cut Diamonds
3. Marquise-Cut Diamonds
4. Cushion-Cut Diamonds
5. Emerald-Cut Diamonds
6. Radiant-Cut Diamonds
7. Pear-Shaped Diamonds
8. Oval Diamonds
9. Asscher-Cut Diamonds