GIA DIAMONDS AND DIAMOND
GRADING WITH COMPLETE QUESTIONS AND
CORRECT ANSWERS NEW MODIFIED EXAM
TESTED AND APPROVED!!!
Wholesale price lists are usually organized according to ---- ANSWER----specific
combinations of the Four Cs.
An estimation of the value of an article is a(n) ---- ANSWER----appraisal
The most consistent and dependable sources of diamond grades are ---- ANSWER---reputable
gemological laboratories.
A diamond's clarity and color grades indicate its ---- ANSWER----quality
Once diamond deposits are located, mining companies ---- ANSWER----must spend
additional time and money to evaluate and develop them.
Large, high-quality diamonds are ---- ANSWER----graded much more thoroughly than small,
low-quality ones.
Reputable gem laboratories don't grade mounted diamonds because ---- ANSWER---
mountings hide details of clarity and cut.
Page 1 of 104
,2|Page
A wholesaler is someone who ---- ANSWER----sells to retailers
Diamond prices on wholesale price lists ---- ANSWER----depend on the market conditions
that exist when the lists are published.
Dealers often sort melee by size using ---- ANSWER----sieves
Before the discovery of South Africa's diamond deposits, the world's two major producers
were India and ---- ANSWER----Brazil
Cecil Rhodes' main competitor in his early attempts to control diamond production was ----
ANSWER----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 ---- ANSWER----London Diamond Syndicate
Oppenheimer's answer to low diamond demand in the 1930s was to ---- ANSWER----shut
down operations at De Beers mines.
In the diamond trade, the word "specials" refers to ---- ANSWER----diamond rough over
10.80 cts.
,3|Page
The Central Selling Organisation was a ---- ANSWER----rough diamond distribution agency.
The South African diamond rush was sparked by ---- ANSWER----the discovery of the Star
of South Africa.
Substantial price discounts are available to retailers and jewelry manufacturers who ----
ANSWER----can buy in large quantities.
The diamond industry has changed dramatically in recent years because ---- ANSWER----the
world's supply of diamond rough has increased.
A diamond grading system provides ---- ANSWER----a consistent way to communicate
diamond quality.
Diamond's supreme hardness and durability are ---- ANSWER----a result of the conditions
under which it formed.
The Argyle mine in Australia contributed to ---- ANSWER----the rise of the cutting industry
in India.
Sightholders purchase diamond rough by ---- ANSWER----attending invitation-only trading
events.
, 4|Page
Diamond sources started appearing in South Africa during the ---- ANSWER----1860's
The path diamonds followed from mine to consumer was called the ---- ANSWER---diamond
pipeline.
The Diamond Information Center and the Diamond Promotion Service were created to ----
ANSWER----assist in diamond marketing efforts.
The soft, diamond-bearing material near the surface of a diamond field was named ----
ANSWER----yellowground.
De Beers Consolidated Mines Ltd. was named after ---- ANSWER----the owners of a farm
where one of the first diamond rushes took place.
Who established De Beers Consolidated Mines Ltd. in 1888? ---- ANSWER----Cecil Rhodes
De Beers requires its sightholders to have an excellent reputation in the industry and ----
ANSWER----the financial strength to make large purchase commitments.
Which diamond mine's huge production influenced the world market in the late 1980s? ----
ANSWER----Argyle
GRADING WITH COMPLETE QUESTIONS AND
CORRECT ANSWERS NEW MODIFIED EXAM
TESTED AND APPROVED!!!
Wholesale price lists are usually organized according to ---- ANSWER----specific
combinations of the Four Cs.
An estimation of the value of an article is a(n) ---- ANSWER----appraisal
The most consistent and dependable sources of diamond grades are ---- ANSWER---reputable
gemological laboratories.
A diamond's clarity and color grades indicate its ---- ANSWER----quality
Once diamond deposits are located, mining companies ---- ANSWER----must spend
additional time and money to evaluate and develop them.
Large, high-quality diamonds are ---- ANSWER----graded much more thoroughly than small,
low-quality ones.
Reputable gem laboratories don't grade mounted diamonds because ---- ANSWER---
mountings hide details of clarity and cut.
Page 1 of 104
,2|Page
A wholesaler is someone who ---- ANSWER----sells to retailers
Diamond prices on wholesale price lists ---- ANSWER----depend on the market conditions
that exist when the lists are published.
Dealers often sort melee by size using ---- ANSWER----sieves
Before the discovery of South Africa's diamond deposits, the world's two major producers
were India and ---- ANSWER----Brazil
Cecil Rhodes' main competitor in his early attempts to control diamond production was ----
ANSWER----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 ---- ANSWER----London Diamond Syndicate
Oppenheimer's answer to low diamond demand in the 1930s was to ---- ANSWER----shut
down operations at De Beers mines.
In the diamond trade, the word "specials" refers to ---- ANSWER----diamond rough over
10.80 cts.
,3|Page
The Central Selling Organisation was a ---- ANSWER----rough diamond distribution agency.
The South African diamond rush was sparked by ---- ANSWER----the discovery of the Star
of South Africa.
Substantial price discounts are available to retailers and jewelry manufacturers who ----
ANSWER----can buy in large quantities.
The diamond industry has changed dramatically in recent years because ---- ANSWER----the
world's supply of diamond rough has increased.
A diamond grading system provides ---- ANSWER----a consistent way to communicate
diamond quality.
Diamond's supreme hardness and durability are ---- ANSWER----a result of the conditions
under which it formed.
The Argyle mine in Australia contributed to ---- ANSWER----the rise of the cutting industry
in India.
Sightholders purchase diamond rough by ---- ANSWER----attending invitation-only trading
events.
, 4|Page
Diamond sources started appearing in South Africa during the ---- ANSWER----1860's
The path diamonds followed from mine to consumer was called the ---- ANSWER---diamond
pipeline.
The Diamond Information Center and the Diamond Promotion Service were created to ----
ANSWER----assist in diamond marketing efforts.
The soft, diamond-bearing material near the surface of a diamond field was named ----
ANSWER----yellowground.
De Beers Consolidated Mines Ltd. was named after ---- ANSWER----the owners of a farm
where one of the first diamond rushes took place.
Who established De Beers Consolidated Mines Ltd. in 1888? ---- ANSWER----Cecil Rhodes
De Beers requires its sightholders to have an excellent reputation in the industry and ----
ANSWER----the financial strength to make large purchase commitments.
Which diamond mine's huge production influenced the world market in the late 1980s? ----
ANSWER----Argyle
