The gems and jewelry industry facing a number of problems such as recovering from the slump in demand, lack of financing options, to name few. The need of the hour in such testing times is to bring in complete transparency and remove confusing systems in diamond grading and focus on standardisation of the grading system.
Mr. Jaynil Ajmera from J K Diamonds Institute, mentioned “the current grading systems are not adequate enough to boost confidence of the consumers and hence, several reforms are required in the Diamond Grading systems. Adapting to these dynamic changes will enable the diamonds and jewelry reports to be more transparent and increase confidence of traders, showroom owners/retailers and also consumers.”
If in a diamond the culet is slight/medium or broad in a solitaire diamond (single piece), the culet is mentioned separately in a lab report. In a studded jewelry with the same diamond, the lab report for such jewelry will have no mention of the culet and also not considered in clarity grading. Eventually, the consumer would pay a higher price.
As a solution to this issue, J K Diamonds Institute has suggested that culet parameters should also be considered in determining the clarity grade. Even practically in the market it is seen that diamantaires generally reject broad or broken culet since they command a lesser price. Hence, depending upon the culet size, the effect of the same should be disclosed in the clarity grades. This will also easily enable culet being considered as part of the variable for price determination.
J K Diamonds Institute has already been imparting knowledge regarding the above in their Polished Diamond Graduate Course.
