GIA Diamonds and Diamond Grading
Final Exam Questions and Answers29
Substantial price discounts are available to retailers and jewelry manufacturers who - ANSWERS-
can buy in large quantities.
The diamond industry has changed dramatically in recent years because - ANSWERS-the world's
supply of diamond rough has increased.
A diamond grading system provides - ANSWERS-a consistent way to communicate diamond
quality.
Diamond's supreme hardness and durability are - ANSWERS-a result of the conditions under
which it formed.
Wholesale price lists are usually organized according to - ANSWERS-specific combinations of the
Four Cs.
An estimation of the value of an article is a(n) - ANSWERS-appraisal
The most consistent and dependable sources of diamond grades are - ANSWERS-reputable
gemological laboratories.
A diamond's clarity and color grades indicate its - ANSWERS-quality
Once diamond deposits are located, mining companies - ANSWERS-must spend additional time
and money to evaluate and develop them.
,Large, high-quality diamonds are - ANSWERS-graded much more thoroughly than small, low-
quality ones.
Reputable gem laboratories don't grade mounted diamonds because - ANSWERS-mountings
hide details of clarity and cut.
A wholesaler is someone who - ANSWERS-sells to retailers
Diamond prices on wholesale price lists - ANSWERS-depend on the market conditions that exist
when the lists are published.
Dealers often sort melee by size using - ANSWERS-sieves
The Argyle mine in Australia contributed to - ANSWERS-the rise of the cutting industry in India.
Sightholders purchase diamond rough by - ANSWERS-attending invitation-only trading events.
Before the discovery of South Africa's diamond deposits, the world's two major producers were
India and - ANSWERS-Brazil
Cecil Rhodes' main competitor in his early attempts to control diamond production was -
ANSWERS-Barney Barnato
The group that united in 1890 to buy and sell all of the output of the major diamond producers,
including De Beers, was the - ANSWERS-London Diamond Syndicate
, Oppenheimer's answer to low diamond demand in the 1930s was to - ANSWERS-shut down
operations at De Beers mines.
In the diamond trade, the word "specials" refers to - ANSWERS-diamond rough over 10.80 cts.
The Central Selling Organisation was a - ANSWERS-rough diamond distribution agency.
The South African diamond rush was sparked by - ANSWERS-the discovery of the Star of South
Africa.
Diamond sources started appearing in South Africa during the - ANSWERS-1860's
The path diamonds followed from mine to consumer was called the - ANSWERS-diamond
pipeline.
The Diamond Information Center and the Diamond Promotion Service were created to -
ANSWERS-assist in diamond marketing efforts.
The soft, diamond-bearing material near the surface of a diamond field was named - ANSWERS-
yellowground.
De Beers Consolidated Mines Ltd. was named after - ANSWERS-the owners of a farm where one
of the first diamond rushes took place.
Who established De Beers Consolidated Mines Ltd. in 1888? - ANSWERS-Cecil Rhodes
De Beers requires its sightholders to have an excellent reputation in the industry and -
ANSWERS-the financial strength to make large purchase commitments.
Final Exam Questions and Answers29
Substantial price discounts are available to retailers and jewelry manufacturers who - ANSWERS-
can buy in large quantities.
The diamond industry has changed dramatically in recent years because - ANSWERS-the world's
supply of diamond rough has increased.
A diamond grading system provides - ANSWERS-a consistent way to communicate diamond
quality.
Diamond's supreme hardness and durability are - ANSWERS-a result of the conditions under
which it formed.
Wholesale price lists are usually organized according to - ANSWERS-specific combinations of the
Four Cs.
An estimation of the value of an article is a(n) - ANSWERS-appraisal
The most consistent and dependable sources of diamond grades are - ANSWERS-reputable
gemological laboratories.
A diamond's clarity and color grades indicate its - ANSWERS-quality
Once diamond deposits are located, mining companies - ANSWERS-must spend additional time
and money to evaluate and develop them.
,Large, high-quality diamonds are - ANSWERS-graded much more thoroughly than small, low-
quality ones.
Reputable gem laboratories don't grade mounted diamonds because - ANSWERS-mountings
hide details of clarity and cut.
A wholesaler is someone who - ANSWERS-sells to retailers
Diamond prices on wholesale price lists - ANSWERS-depend on the market conditions that exist
when the lists are published.
Dealers often sort melee by size using - ANSWERS-sieves
The Argyle mine in Australia contributed to - ANSWERS-the rise of the cutting industry in India.
Sightholders purchase diamond rough by - ANSWERS-attending invitation-only trading events.
Before the discovery of South Africa's diamond deposits, the world's two major producers were
India and - ANSWERS-Brazil
Cecil Rhodes' main competitor in his early attempts to control diamond production was -
ANSWERS-Barney Barnato
The group that united in 1890 to buy and sell all of the output of the major diamond producers,
including De Beers, was the - ANSWERS-London Diamond Syndicate
, Oppenheimer's answer to low diamond demand in the 1930s was to - ANSWERS-shut down
operations at De Beers mines.
In the diamond trade, the word "specials" refers to - ANSWERS-diamond rough over 10.80 cts.
The Central Selling Organisation was a - ANSWERS-rough diamond distribution agency.
The South African diamond rush was sparked by - ANSWERS-the discovery of the Star of South
Africa.
Diamond sources started appearing in South Africa during the - ANSWERS-1860's
The path diamonds followed from mine to consumer was called the - ANSWERS-diamond
pipeline.
The Diamond Information Center and the Diamond Promotion Service were created to -
ANSWERS-assist in diamond marketing efforts.
The soft, diamond-bearing material near the surface of a diamond field was named - ANSWERS-
yellowground.
De Beers Consolidated Mines Ltd. was named after - ANSWERS-the owners of a farm where one
of the first diamond rushes took place.
Who established De Beers Consolidated Mines Ltd. in 1888? - ANSWERS-Cecil Rhodes
De Beers requires its sightholders to have an excellent reputation in the industry and -
ANSWERS-the financial strength to make large purchase commitments.
