Another independent analysis has concluded that IGI's loose diamond grading ranks among the world's strictest. In an independent comparison of dual-certified diamonds IGI's color grading was stricter than that of GIA in a majority of cases, with clarity the same or stricter in most cases, as well.
USA jewelry sales are climbing. Signet Jewelers, the parent of Kay and Jared, saw sales rise at the end of the last quarter and continue to climb in August. Tiffany & company reported the same trend. And diamond jewelry was one of the top product categories at both Macy's and Bloomingdale's during the quarter ending August 1.
An exceptionally rare, clear diamond "the size of a lollipop" is being offered without reserve at auction by Sotheby's. According to the auction house, an item of this historic importance and value has never been offered with no-reserve before.
The last two 100+ carat diamonds, unearthed over a span of 48 hours, are the 10th and 11th gem-quality stones weighing more than 100 carats found at Letšeng this year. At an elevation of more than 10,000 feet, the world's highest diamond mine also boasts the world's highest value-per-carat.
The Argyle Diamond Mine in the remote east Kimberley region of Western Australia is scheduled to close by the end of 2020 following nearly forty years of production. "One Lifetime, One Encounter" is an auction event, offering a collection of the rarest diamonds extracted there over a year's production.
Hearts & Arrows (H&A) diamonds are precisely cut to show kaleidoscopic patterns when seen in a special reflective viewer. Typically associated with Excellent-Ideal cuts of superior quality, fashioning the highest levels of H&A optical precision when working with the world's hardest substance is an exacting process.
This 10+ carat HPHT produced lab-grown diamond was initially graded Fancy Intense Yellow by IGI. When it returned to the lab its color had been changed to Fancy Vivid Pink. IGI confirmed that the color had been shifted from yellow to pink through irradiation using a 5MeV Electron Beam Transfer system.
Tiffany & Co. has announced a program detailing the provenance of the diamonds they sell, beginning with country and mine of origin. The New-York based jeweler plans to share this "Full Craftsmanship Journey" for every newly-sourced diamond of 0.18 carats or more.
Earlier this month GIA and AGS announced policy changes regarding lab-grown diamonds. IGI is proud to see other organizations adopt our long-held philosophy regarding the dual-channel legitimacy of natural and lab-grown diamonds, and believe professionals and consumers alike will benefit from the increased transparency in our industry.
Independence Day is celebrated on August 15 annually, as a national holiday in India. Traditionally observed with flag-raising ceremonies, parades and cultural events, IGI's family of employees across India honored Independence Day 2020 by standing together in this powerful video tribute.