The Rapaport Group has announced the launch of a new diamond grading report – the Rapaport Investment Diamond Report (IDR).
The new report conservatively grades diamonds based on Gemological Institute of America (GIA) standards. It will also provide additional gemological information including tint, location and colour of inclusions as well as high resolution images online and with the report.
All Rapaport Investment Diamond Reports are double tested, as they include an additional independent GIA diamond grading report.
Rapaport said the IDR will only be issued for the best quality round 0.50 ct. and larger, D-H, IF-VS2, excellent cut, polish and symmetry, Rapaport Specification A1 diamonds that, in the opinion of Rapaport gemologists, meet investment quality standards.
Diamonds that lack overall brilliance, have features that limit trade liquidity or have borderline grades may not be issued IDR’s.
Martin Rapaport, chairman of the group, said: “The Rapaport Investment Diamond Report is designed to identify the best diamonds in the market while providing the trade, investors and consumers with the highest level of confidence in quality.
“It will enhance the ability to trade diamonds electronically and enable new highly liquid and efficient investment diamond markets.”