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Magazine > Industry News > News Content

GIA offers preview of new synthetic-diamond reports

Author: National Jeweler 12/6/2006 2:21:07 AM

Carlsbad, Calif.—The Gemological Institute of America (GIA) released the first glimpse of its new synthetic-diamond grading reports on Friday. The image is posted to GIA's Web site at GIA.edu.

The sample "Synthetic Colored Diamond Grading Report" clearly identifies the diamond as laboratory-grown (it makes reference to the diamond's man-made status four times) and doesn't use the standardized clarity or color scales present on natural-diamond reports.

As previously reported, the lab will begin accepting lab-grown stones for grading on Jan. 1, using the new reports.

The new report is the culmination of a process started last June at the World Diamond Congress in Tel Aviv, Israel, said GIA Chairman Ralph Destino in a statement. At the time, he informed the congress of the laboratory's intention to grade synthetic diamonds. He told delegates that the GIA's public benefit mission mandated that it "describe and report on synthetics so that consumers can rely on full and proper disclosure" when the stones enter the marketplace.

In June, the World Federation of Diamond Bourses reacted to the announcement, voting overwhelmingly that synthetic diamonds should be graded and noting the crucial element of full disclosure on consumer confidence.

The announcement sparked a debate about nomenclature and how to properly grade the stones, which heated up during the GIA's 4th International Gemological Symposium in San Diego at the end of August. Those who produced the stones were concerned that consumers would equate "synthetic" with fake, while natural-diamond producers insisted that the language used to describe the stones differentiate them from mined diamonds. Both sides agreed consumer confidence was paramount.

In the end, Destino said the GIA listened to all sides.

"We listened carefully to the concerns of leaders in both the natural-diamond and laboratory-grown-diamond industries, and we were as sensitive as we could be to those concerns," he said. "In the end, however, our final decisions were shaped by our 75-year commitment to our fundamental constituency which, as always, is the public at large."

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