Antwerp, Belgium (October 23, 2017) – The International Gemological Institute (IGI) today formally announced its diamond evaluation card – the Diamond ID report. Unlike other reports where the diamond is kept in a vault and the report in a separate location, IGI’s Diamond ID report stores the evaluation and diamond together in a secure credit card-size casing. The ID report contains security features and a Datamatrix, that once scanned, allows users to connect directly to IGI’s data system and confirm its authenticity. IGI introduced the report in April and has since successfully integrated the ID card as part of its services for diamond dealers and manufacturers, with feedback to date well exceeding initial expectations.
The report’s compact format was created to give users a more efficient and safe way to trade stones as it can be easily shipped or stored. The new format also comes at a lower cost, requires minimal office work on the back-end for trade industry professionals and the ID card is automatically printed once the gemologists have finished the grading process. Of note, each Diamond ID report is issued according to the strict international standards and security features to which IGI adheres.
“We created the Diamond ID report with a goal of making our evaluations easier to use and safer to transport,” said Roland Lorie, IGI co-CEO. “Bringing together the report and stone in one secure place will allow industry professionals to do their work more efficiently.”
Consumers will also benefit from the evolved report style. The Diamond ID report can be carried in a wallet, making it simple to transport a diamond for an insurance appraisal or trading purposes. It’s also an ideal format for keeping track of evaluations; if a diamond owner chooses to sell a jewel, both the stone and report are together, which is essential for a seamless trade or re-sale.
“We strive to give consumers peace of mind with our comprehensive reports,” said Jerry Ehrenwald, IGI co-CEO and president of IGI North & South America. “The new Diamond ID report will help all our users stay organized and feel protected. We’re proud to introduce a product that will help both trade professionals and consumers.”
For more information on IGI and its offerings, please visit www.igi.org.
The International Gemological Institute (IGI) was established in Antwerp in 1975 and is the largest independent gemological laboratory and appraisal institute worldwide, with offices in New York, Los Angeles, Antwerp, Hong Kong, India, Bangkok, Tokyo, Dubai, Tel Aviv, Cavalese and Shanghai. In India, IGI has three laboratories in Mumbai and one each in Kolkata, New Delhi, Thrissur, Surat, Chennai, Ahmedabad, Jaipur and Hyderabad. IGI is ISO (International Organization for Standardization (ISO) 9001: 2000) certified in several countries. Around the world, IGI diamond grading and gemstone identification reports bring confidence when buying or selling diamonds, gemstones and jewelry. Total commitment to understanding consumer concerns has motivated IGI to develop comprehensive analysis and clear documentation for consumers. An evaluation from IGI represents the all-important 5th C that no one should be without: Confidence. As the world’s largest independent gemological laboratory and appraisal institute for diamonds, colored gemstones and jewelry, IGI is a standard of excellence, second to none, for industry professionals and consumers around the globe.