Diamond Lab Reports: Knowing the Real Quality of Your Diamond

When buying, and especially selling your diamond, it is important to know the true quality of your diamond. You, as a consumer, need to know the actual grades of your diamond in order to get the best pricing when buying and selling.

The Gemological Institute of America (GIA) is the world’s undisputed authority on diamonds and provides dealers and the public with lab reports. Being non-profit, the GIA supplies consumers (dealers and the public alike) with non-biased, conservative and consistent grading. There are other laboratories that are for-profit and more liberal in their grading, leading the consumer to believe they have a more rare, and in turn, more valuable diamond, when in reality the client paid a higher retail price than warranted.

Diamond recently bought by Capetown Capital Lenders.
Diamond recently bought by Capetown Capital Lenders.

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Does a piece of jewelry’s condition affect it’s loan amount for an asset-based loan?

Are you considering using a diamond ring or other diamond jewelry to get an asset-based loan but are concerned your jewelry won’t be accepted as collateral because it’s not in perfect condition? Don’t worry, loan amounts for asset-based loans are determined by the wholesale value of the item and the current condition of the item factors very minimally into this value.

diamond ring on a hand
Diamond ring loan example.

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Use your fancy color diamond to get loan

Capetown Capital Lenders loaned $8,000 on this engagement ring.

Yellow three stone engagement ring.
Capetown Capital Lenders loaned $8,000 for this yellow diamond ring.

This 14K gold ring is set with three cushion-cut diamonds totaling approximately 2 carats. The center stone is a fancy yellow diamond and is flanked by smaller white diamonds on either side.

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Why diamond certifications add value

This stunning three-stone diamond ring is unique because each emerald-cut diamond has a Gemological Institute of America certification. Typically, only the center stone comes with certification. Certification for all three stones adds significant value.

This ring's value significantly increases because it has a GIA certification for each of its three stones.
This ring’s value significantly increases because it has a GIA certification for each of its three stones.

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Does It Matter Which Lab Grades Your Diamond?

Yes. Not for profit labs tend to grade more critically than for profit labs. The video below shows you how the same diamond recieved two different cut and clarity grades one from the Gemological Institute of America or the GIA (not for profit) and one from the European Gemological Laboratory or EFL (for profit).

How to spot a Fake Rolex

Are you in the market for a new watch? Are you considering buying a Rolex but want to make sure you aren’t getting scammed? Watch this 6 minute video to learn some quick tips and tricks to tell the difference between a genuine and fake Rolex.

Do you have a Rolex you are interested in selling or getting a loan against? Visit us at capetowncapitallenders.com to see how we can help you.