Assignment 1 Flashcards
Diamond prices on wholesale price lists…
Depend on the market conditions that exists when the lists are published.
A diamond grading system provides…
A consistent way to communicate diamond quality
Large, high-quality diamonds are…
Graded much more thoroughly than small, low-quality ones.
An estimation of the value of an article is an.
Appraisal
A wholesaler is someone who…
Sells to retailers
Reputable gem laboratories don’t grade mounted diamonds because…
Mountings hide details of clarity and cut
The most consistent and dependable sources of diamond grades are…
Reputable gemological laboratories
A diamond clarity and color grades indicate it’s…
Quality
The diamond industry has changed dramatically in recent years because…
The worlds supply of diamond rough has increased.
Substantial price discounts are available to retailers and jewelry manufacturers who…
Can buy in large quantities
Dealers often sort me lee by size using
Sieves
Once diamond deposits are located, mining companies…
Must spend additional time and money to evaluate and develop them.
Wholesale price lists are usually organized according to…
Specific combinations of the four C’s
Diamonds’ supreme hardness and durability are…
A result from the conditions under which its formed.
