Link This |
Email this |
Blog This |
Comments (8)
Certificates and Reports
August 14, 2007
Just read the latest Gems & Jewellery from the Gem-A, in which Harry Levy tells us the differences between "Diamond Grading Certificates" and "Diamond Grading Reports."
"A certificate implies something factual is being reported on; i.e. it certifies that what has been stated is correct." Key word here is "factual." It either is, or it isn't. This is a fact. But diamond grading isn't factual. It is subjective. It's an art. Levy again: "A report states that an opinion is being given, but others may disagree with that opinion." Ah, diamond grading at its best; just an opinion.
So how can diamond grading laboratories offer "certificates" when their grading is just an opinion? While grading reports may be backed by a monetary or replacement guarantee, according to Levy's definitions, subjective quality grading cannot be certified. It then begs to be said here: A Diamond Grading Report, by any other name, is still a Diamond Grading Report.
And so what does this mean Martin? "
First Rapaport Guaranteed and Certified Diamond Auction - New York - September 17-20, 2007 - Bidding on the Internet" Explain it to them, Harry!
Posted by Gary Roskin on August 14, 2007 | Comments (8)