When a Chicago jewelry store tells you a diamond is certified, the value of that certification depends entirely on which laboratory issued it. Understanding the differences between the major independent grading laboratories helps buyers evaluate what they are being offered. GIA, the Gemological Institute of America, is the founding institution of modern diamond grading. GIA developed the four Cs framework that the industry uses globally and created the grading standards that most other laboratories reference in their own systems. A GIA certificate is the most widely recognized credential in diamond retail and commands a price premium that reflects the laboratory's reputation. AGS, the American Gem Society, shares GIA's reputation for rigor and is particularly respected for its cut Chicago engagement rings grading methodology. AGS developed the 0-10 performance grading scale that assesses a diamond's optical performance more comprehensively than most grading systems.
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