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GIA Diamonds & Diamond Grading 1-3

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GIA Diamonds & Diamond Grading 1-3 A diamond grading system provides A. exact diamond market value to a buyer. B. a consistent way to communicate diamond quality. C. assurance to customers that they're getting the best prices. D. diamond descriptions that can change from country to country. B. a consistent way to communicate diamond quality. Substantial price discounts are available to retailers and jewelry manufacturers who A. travel to diamond mines. B. can buy in large quantities. C. buy small quantities every month. D. always buy from the same supplier. B. can buy in large quantities. The most consistent and dependable sources of diamond grades are A. appraisers. B. wholesalers. C. mining experts. D. reputable gemological laboratories. D. reputable gemological laboratories. Large, high-quality diamonds are A. sorted rather than graded. B. usually graded in their mountings. C. graded with a quick look under a loupe. D. graded much more thoroughly than small, low-quality ones.

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GIA Diamonds & Diamond Grading 1-3
A diamond grading system provides
A.
exact diamond market value to a buyer.
B.
a consistent way to communicate diamond quality.
C.
assurance to customers that they're getting the best prices.
D.
diamond descriptions that can change from country to country.
B.
a consistent way to communicate diamond quality.
Substantial price discounts are available to retailers and jewelry manufacturers
who
A.
travel to diamond mines.
B.
can buy in large quantities.
C.
buy small quantities every month.
D.
always buy from the same supplier.
B.
can buy in large quantities.
The most consistent and dependable sources of diamond grades are
A.
appraisers.
B.
wholesalers.
C.
mining experts.
D.
reputable gemological laboratories.
D.
reputable gemological laboratories.
Large, high-quality diamonds are
A.
sorted rather than graded.
B.
usually graded in their mountings.
C.
graded with a quick look under a loupe.
D.
graded much more thoroughly than small, low-quality ones.

, D.
graded much more thoroughly than small, low-quality ones.
Diamond prices on wholesale price lists
A.
are not negotiable.
B.
reflect a worldwide consensus.
C.
are available free on the Internet.
D.
depend on the market conditions that exist when the lists are published.
D.
depend on the market conditions that exist when the lists are published.
A wholesaler is someone who
A.
sells to retailers.
B.
repairs diamond jewelry.
C.
grows diamonds in the lab.
D.
sells directly to consumers.
A.
sells to retailers.
Reputable gem laboratories don't grade mounted diamonds because
A.
it takes too much time.
B.
their insurance policies don't permit it.
C.
mountings hide details of clarity and cut.
D.
the designs of the mountings might influence their decisions.
C.
mountings hide details of clarity and cut.
An estimation of the value of an article is a(n)
A.
grade.
B.
appraisal.
C.
price guide.
D.
insurance policy.
B.
appraisal.

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