Diamond Ring Certification and Risks

Thenarrator on 14/12/2024 - 01:15
Last edited 14/12/2024 - 22:15 by 1 other user

New to the diamond rings industry. Each diamond has a laser inscription of a code (which you can see with a magnifier) and you can search up the code on GIA, IGI, GCAL website to find the official certification.

For example, this is the certification for code LG655436484.

What's stopping some dodgy Chinese factory from inscribing this code LG655436484 on their cheap fake diamonds and reselling them as real?

Would appreciate somebody who knows the industry well to provide an answer.

whats stopping someone from inscribing LG655436484 onto a rock bought from paddys market and calling it top notch

• 

  Pelicannn on 14/12/2024 - 07:05

  -1

  Nothing, that’s why you can go and buy a fake Rolex with a matching serial and warranty card that matches a genuine.

  Buy the seller, not the bargain.

  Ps. Fixed:

  Whats stopping some dodgy factory from inscribing this code LG655436484 on their cheap fake diamonds and reselling them as real?

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  coffeeinmyveins on 14/12/2024 - 07:14

  Why would you buy a diamond from a dodgy factory in the first place?

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    Thenarrator on 14/12/2024 - 22:11

    the retailer could be marketed as high end but source their diamonds from cheap ones and inscribing fake codes on it.

    • 

      coffeeinmyveins on 15/12/2024 - 13:31

      -1

      Do you also wear a tinfoil hat?

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  Benoffie on 14/12/2024 - 07:52

  Personally, this is why I prefer old cut (mine and European) gems. They get poo pooed for a variety of reasons but at the end of the day, the value of the craftsmanship (plus the untraceability), compensates for a lack of potential super brilliance, and having an 'outdated cut' (they still cut solitaires ofc).

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  DingoBilly on 14/12/2024 - 08:07

  +1

  Diamond rings in general are a giant scam. They're a massive marketing scheme that keeps the prices artificially high when diamonds themselves have poor resale value and alternatives are cheaper and better.

  You're a sucker if you're buying expensive diamond rings, real or fake.

  • 

    Jimothy Wongingtons on 14/12/2024 - 08:17

    TIL I’m a sucker

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    Downvoter on 14/12/2024 - 13:18

    I care about my significant other than to get them a trash CZ

    • 

      brendanm on 14/12/2024 - 16:29

      You have also been tricked into paying too much for a relatively common item through emotional manipulation, congratulations.

      • 

        Downvoter on 14/12/2024 - 18:34

        If it helps me get my end away I’m happy to be tricked.

        • 

          brendanm on 15/12/2024 - 12:25

          -1

          @Downvoter: That's an interesting way to put it. Women exist who aren't materialistic and easily manipulated.

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  sumyungguy on 14/12/2024 - 13:17

  Only diamonds officially graded and certified by GIA are eligible to have their inscription. Other diamonds (e.g. Argyle) may have their own inscriptions or none at all depending on their age and size. If you buy a diamond with an inscription, the four C's of the stone will correspond with the original certificate and you can get an independent valuation. Unlikely a factory in China could be bothered. As always, buyer beware.

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    Thenarrator on 14/12/2024 - 22:14

    so im relying on a chinese factory to "not be bothered"? thats what im betting on? so if one day, the chinese factory 'becomes bothered' and people can just get scammed into buying a fake ring from them insribed with the top notch Cs. If i exaggerate the scenario. Whats stopping myself inscribing LG655436484 onto rock from paddies and calling it high end.

    • 

      sumyungguy on 14/12/2024 - 23:02

      I regret I'm not a gemmologist so disregard my comment. But I do rate lab-grown which seems to be where you're heading.

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  Baysew on 14/12/2024 - 15:20

  What's stopping some dodgy Chinese factory from inscribing this code LG655436484 on their cheap fake diamonds and reselling them as real?

  Dodgy Chinese factory Code of Conduct.