The importance of a diamond grading report is that it takes the guess-work out of buying a diamond. This report will "map" or plot the birthmarks of each diamond, which will allow you to identify your diamond forever.
The report will also detail carat weight, color, clarity, cut, and shape.
When you purchase a loose diamond, you should always be provided with a report from an independent gem lab. Be aware that many retail jewelers, including some of the biggest names in the business, create their own reports. These reports are graded with GIA methods, but are NOT done by the respected GIA, or EGL.
At Padis Gems we have every loose diamond graded by one of the following independent gem labs: GIA, or EGL.
One potential set back of using the GIA, is that it takes a very long time to get a stone back to the diamond dealer. Whereas the labs that we use have much faster turn around, which in the long run, saves you money.
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