OVER-GRADED DIAMONDS

​​Is it ethically alright to sell a diamond as a G color when the color is really an N?  What if the G was really an I color?   Is it alright to sell a diamond as a VS2 clarity when the clarity is really an SI2? 

Shockingly, many people in the diamond and jewelry industries feel that it is fine to use third-party diamond grading reports to overstate the color and clarity of the diamonds they sell. They accomplish this this by simply offering you diamonds with EGL or other over-graded diamond laboratory reports.

Consumers should avoid  diamonds with EGL reports and only trust diamond grading certificates issued by GIA and AGS.  Do not be fooled. - read this.