Tuesday, March 11, 1906 Daily Nebraskan PageS PAID ADVERTISEMENT MOW T 1UY DIM MDS Willi COMPDDEMCE AMD WL1DOE By John Tavlin President Nebraska Diamond Sales Company, Inc. For the average consumer buying a diamond can be one of the most con fusing and frustrating experiences imaginable. The consumer is often confronted with a barrage of conflict ing claims from various jewelers in tent on selling their product. If the consumer is not armed with adequate product knowledge, he stands little chance for success in the jewelry marketplace. The Gemological Institute of America Serious shopping fordiamonds be gins with an understanding of the Gemological Institute of America (Gl A) and its diamond grading system. The GIA is a non-profit organization dedicated primarily to the pursuit of gemological education. It owns and operates the most prestigious trade laboratory for the identification and classification of gem stones in this country. The GIA is considered by the diamond industry to be the final and most authoritative word on dia mond grading standards in the United States and its grading system for diamonds is. by far, the dominant grading system used by diamond cutting firms and jewelry manu facturers in this country today. Knowledge of the GIA grading system is a p re-requisite for informed buying of diamonds, and knowledge of that system without an actual "hands on" demonstration is virtually impossible. At Nebraska Diamond we give all customers a thorough ex planation and demonstration of the GIA diamond grading system using actual examples, so that the customer can see with his or her own eyes the characteristics and appearance of the various grades. As the accompanying chart shows, there are a total of 253 separate and distinct combinations of GIA grades, and each has its own price list. The two principal reasons why consumers need this special in struction and knowledge to survive in the jewelry marketplace are: 1. Many jewelers invent their own personal grading system because by doing so they make it difficult or impossible for the consumer to comparison shop. The GIA system gives the consumer a standard of comparison. 2. Jewelers who do represent dia monds to consumers in G I A terms often "puff" the grade up to what ever level is necessary to make the sale. A diamond which is assigned a GIA grade by one of these jewelers may actually be inferior to a diamond offered, with a seemingly lower GIA grade, by a jeweler who adheres to the strict grading standards we use at Nebraska Diamond. The unfortunate result is fre quently a customer who is duped into purchasing a low quality diamond. At Nebraska Diamond we will show you how to identify the various grades by yourself, and we will guarantee the quality of your diamond in GIA terms in writing. You do not get the Ne braska Diamond guarantee at any other jewelry store. The Relationship of Color, Clarity and Cut Color, clarity and cut all have an important impact on the ultimate value of your diamond. The order of import ance of these characteristics and the relative value of each is: 1 . Color: Represents 50 of the value 2. Clarity: Represents 35 of the value 3. Cut: Represents 15 of the value Color refers to the hue present in the body of the diamond. Color is observed by placing the diamond upside down in a white color grading trough and viewing through the side of the gem. Among color, clarity and cut, color is the characteristic most easily noticed by the human eye and it has the most impact on the appear ance of the gem, hence, color carries the most value. Clarity refers to a measurement of the internal flaws and surface blemish es present in or on a diamond. Some times internal flaws and surface blem ishes can be seen only under magni fication. To magnify the diamond a jeweler's loup or a microscope is used. The miscoscope is often used more as a sales tool than a gem instrument because its "laboratory" appearance can be impressive to con sumers. The microscope, however, is a cumbersome piece of equipment and is less flexible than the loupe for examination of diamonds. For these reasons, among others, the loupe is by farthe dominant diamond grading instrument used by diamond dealers. Among color, clarity and cut, clarity is the second most observable char acteristic and has the second most Impact on the appearance of the gem, hence, clarity carries the second most value. Cut refers to the proportions of the diamond. A diamond can be cut to any one of an Infinite number of pro portions depending on the angles of the facets. These angles can vary from diamond to diamond. As ex plained below, proportion analysis is extremely subjective and the effect of differing proportions on the appear ance and value of the diamond is often a matter of opinion. Generally, however, cut is the least observable characteristic from a quantitative standpoint and, hence, cut carries the least value. Cut: The Misunderstood "C" Among the "4 C's" (Carat Weight, Color, Clarity and Cut), the subject of diamond proportioning (Cut) is eas ily the most misunderstood. An exam ination of the GIA Proportion Chart quickly reveals that a round diamond may be cut to any one of at least 126 different proportionsand still becon sidered in total conformity with GIA specifications for a properly cut dia mond. Some jewelers carry a limited selection of diamonds cut to only one proportion. Of course they often represent to the uneducated consu mer that their cut is the "best" cut. Sometimes they give their cut a title, such as "A" cut and represent that other cuts are "B" cuts or "C" cuts or even lower. Such titles are absolutely meaningless, they do not even exist in thediamond industry forany prac tical purpose and they are generally in-house inventions intended primar ily to create a certain calculated im pression in the consumer, an impres sion which the jeweler hopes will lead to a sale. In fact there is no agreement in the diamond industry on what con stitutes the "best" cut. This is because the main factors affected by cut (dis persion, scintillation and brilliance) cannot all be maximized in the same gem. "Dispersion" is sometimes referred to as "Fire." Dispersion means the ability of the diamond to break down light into the spectral colors (blues, reds, yellows, etc.). "Scintillation" is sometimes referred to as "Sparkle." Scintillation refers to the play of the light between and as reflected off of the diamond facets. "Brilliance" refers to the ability of the diamond to return colorless light to the viewer. There is no such thing as a dia mond cut to maximum dispersion, maximum scintillation and maximum brilliance all at the same time. By cut ting to maximize one of these factors, the other two are compromised, and since all three are of equal impor tance, it is impossible to authorita tively classify one type of cut as the "best." Sometimes jewelers refer to the diamonds they sell as "precision cut" or "cut to maximum beauty." Such terms have no uniform definition and, as such, are meaningless. Often they are used to impress uneducated con sumers and sidestep the jeweler's obligation to fully inform his custo mer regarding the technical aspects of cut. Seldom is the subject of cut properly and fairly explained to the consumer. You should suspect any jeweler who engages in the practice of using meaningless terms or the practice of "pushing" a particular cut without fully explaining your options to be serving his own interests at the expense of yours. The Misnomer of The "Ideal Cut" One cutting proportion which is sometimes touted as the "best" is called the "Ideal Cut." The Ideal Cut is a very specific cutting proportion but, in fact, it is only one of the 1 26 so called "perfect cuts" shown on the GIA Proportion Chart, and it gets no higher rating from GIA than the other 125. The title "Ideal Cut" should be considered by the consumer to-be morr! of a trade name than a descrip tive term. The title itself is misleading because it can create an inaccurate impression in the mind of the consu mer. The controversy present in the diamond industry regarding the sub ject of cut can well be illustrated by a discussion of the advantages, disad vantages and misunderstandings re lated to the Ideal Cut. The theory of the Ideal Cut is to cut a diamond to its maximum brilliance. The key word in the preceding sent ence Is the word "its." Brilliance is a measure of efficiency. If 100 of the colorless light going into a diamond is reflected back to the viewer, then that diamond can be said to be totally efficient. While cutting parameters can affect this measure of efficiency, O Nebraska Diamond V- : ; Shapes Brilliant Heart Shape Oval Emerald Cut Pear Marquise GIA Color COLORLESS t NEAR h COLORLESS L FAINT A YELLOW VERY o LIGHT P YELLOW O R S T u v LIGHT YELLOW w x FANCY YELLOW GIA Clarity r FLAWLESS F - VERY WS., VERY SLIGHT ;ws.2 IMPERFECTION, VERY VSM SLIGHT IMPERFECTION VSI-2 SLIGHT SI-1 IMPERFECTION SI-2 i - 1 IMPERFECT 1-2 1-3 Carat Weight 1 ct. 78 ct. 34 ct. 58 ct. 12 ct. 716 ct. 38 ct. 13 ct. 14 ct. 15 ct. 16 ct. 18 ct. 110 ct. 90 to 80 to 70 to 56 to 45 to 40 to 36 to 29 to 23 to 18 to 15 to 12 to 9 to 110 pts. 89 pts. 79 pts. 69 pts. 55 pts. 44 pts. 39 pts. 35 pts. 28 pts. 22 pts. 17 pts. 14 pts. 11 pts. 1 Exact Carat 100 Points THE GIA GRADING SYSTEM other factors can af lact it even more. For example, the lower the color of the diamond the more light loss occurs due to the filtration of the light through the yellow body color of the diamond (more light will pass through a colorless window than a yellow one). Additionally, the lowertheclar ity of the diamond the more substan tial the imperfections which are pres ent to block the return of the light. An Ideal Cut diamond of inferior color and clarity may be cut to "its" maxi mum brilliance, but it will not be as brilliant as a diamond of superior color and clarity cut to any of the other 125 proportions. Consumers are larely told all of the facts concerning the Ideal Cut. The sole advantage of the Ideal Cut dia mond is that it is cut to its maximum brilliance. The disadvantages are many and should also be disclosed to and considered by the consumer: 1. While an Ideal Cut diamond may be cut to "it's" maximum bril liance, the difference in brilliance between an Ideal Cut diamond of a particular color and clarity andadiamondof thesamecolor and clarity cut to one of the other 1 26 proportions may be so slight that it is measurable only with sensitive laboratory instru ments and is impossible to see with the naked eye. 2. An Ideal Cut diamond sacrifices dispersion (fire) and scintillation (sparkle) and will be inferior to diamonds cut to many other pro portions in one or both of these respects. Brilliance involves color less light. Fire and sparkle do not. Therefore, a loss of disper sion and scintillation tends to be more easily observed by the naked eye than an impercepta ble increase in technical bril liance, and may result in a visa bly less beautiful diamond. Many people feel that the Ideal Cut appears "dead" when it is re moved from the special jewelry store lighting used to enhance its appearance and is viewed instead under the more usual natural and normal lighting con ditions. 3. An Ideal Cut, when compared side by side with a diamond of equal carat weight cut to many other proportions, will appear noticeably smaller. 4. The Ideal Cut generally carries a premium price tag which can amount to 15 or more over other cuts which are recognized under the GIA Proportion Chart as being of equal value in every respect. The reason for the price difference, in fact, has nothing to do with value, but results in stead from the inefficiency in herent in producing the Ideal Cut. Producing the Ideal Cut will result in a diamond which weighs less than the diamond which would have resulted if the rough diamond crystal had been cut to one of many other proportions. In other words, there is more dust on the cutting room floor when an Ideal Cut is produced as compared to many other pro portions. The consumer pays for that dust. 5. The premium price tag of the Ideal Cut does not tend to carry over into the secondary market. Few diamond dealers will pay a premium forthe Ideal Cut. Many will actually offer and pay less, or will refuse to buy it at all PAID ADVERTISEMENT because of its deficiencies. The Ideal Cut has had a very poor track record of public accept ance. Of the hundreds of dia mond cutters worldwide, only a handful regularly produce the Ideal Cut. It is outsold world wide by other proportions by an astronomical margin. 6. The consumer who desires an increase in brilliance can often purchase it in greater quantities and more economically by in vesting in higher color, and an investment in higher color al ways translates to higher value in the secondary market. The controversy surrounding cut is best resolved by explaining the facts to the consumer, by presenting the options, and by making every effort to assist the consumer in making an informed and educated decision. A decision is not informed or educated if it omits consideration of any perti nent fact. At Nebraska Diamond our customers are assured of getting all of the facts and every alternate view point presented without bias and in an organized manner. The Consumer's Right To Know The ultimate purpose for the con sumer to acquire product knowledge is to enable him or her to separate "fact" from "sales pitch." Your right as a consumer to know the facts is unequivocal, and should include noth ing less than the following: 1. You have the right to demand thatthejeweleraccurately grade your diamond in conformity with the GIA diamond grading sys tem, that he fully disclose that grade to you, and that he pro vide you with a written warranty guaranteeing the authenticity of that grade. Never purchase a diamond without such a disclo sure and warranty. 2. You have the right to examine yourdiamond loose before mak ing your purchase. You cannot fully observe the color and clar ity of a diamond which is set into a ring. Never purchase a dia mond that you have not exam ined loose. 3. You have the right to examine . your diamond under basic flo rescent lights and under natural sunlight before making your pur chase. Basic f lorescent lights will generally allow you the best opportunity to accurately ob serve the color of yourdiamond. Natural sunlight can provide the fairest environment for observa tion of the clarity of your dia mond. Generally, the lighting con ditions found in jewelry stores are designed to make diamonds look artificially brilliant and tend to artificially enhance both dis persion and scintillation. The con sumer has virtually no chance whatsoever to accurately ob serve the color and clarity of a diamond under such lights. Never purchase a diamond that you have not examined under basic florescent lights and under nat ural sunlight. 4. You have the right to examine the color of your diamond in a white color grading trough and to examine the clarity of your diamond under a loupe or mic roscope before making your pur chase. Never purchase a dia mond that you have not examin ed in this manner. 5. You have the right to ask any question pertinent to your pur chase and you have a right to expect a courteous, informed, accurate and complete answer. When a jeweler refuses to dis close the GIA grade of a dia mond, or when he refuses to give you the make, style number or karat gold content of any ring you are considering, or when he otherwise fails in performing his obligation to give you informa tion which you reasonably re quest, he is impairing your abil ity to comparison shop, an im pairment which costs consumers money. When anyjeweler shows disrespect for your right as a consumer to know, reward him by taking your business else where. A Final Word At Nebraska Diamond we believe that earning your trust is the most important thing we do and that trust is earned with quality, value and ser vice. Our flawless reputation is our most valuable asset and our uncom promising commitment to our cus tomers has made us the dominant force in Lincoln's fine jewelry market. We look forward to serving you. NEBRASKA DIAMOND 865 NBC Center 13th & O 474-6400 Member Firm GEMGROUP