Industry News by Nemesis

Rapaport Launches New Investment Diamond Grading Report

February 24, 2016

PRESS RELEASE, February 23, 2016, New York … The Rapaport Group is pleased to announce 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. Additional gemological information including tint, location and color of inclusions as well as high resolution images are provided online and with the report. 

All Rapaport Investment Diamond Reports are double tested, as they include an additional independent GIA diamond grading report. 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. 

“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,” said Martin Rapaport, Chairman of the Rapaport Group. 

Additional information about the Rapaport Investment Diamond Report as well as a sample report and Rapaport Specification A1 details are available at www.RapLab.com 

Rapaport Media Contacts: media@diamonds.net
U.S. - Sherri Hendricks +1-702-893-9400 
International - Gabriella Laster +1-718-521-4976 
Mumbai - Karishma Nagpal +91-22-6628-6547
Hong Kong - Gilat Gefen +852 2805-2620 

About the Rapaport Group: The Rapaport Group is an international network of companies providing added value services that support the development of fair, transparent, competitive and efficient diamond and jewelry markets. Established in 1978 Group activities include, the Rapaport Price List - the primary source of diamond price and market information. RapNet.Com is the world’s largest diamond trading network with daily listings of over 1 million diamonds valued at more than $7.5 billion. Diamonds.Net information website, Rapaport Magazine, Rapaport Grading Laboratories, Rapaport Trading Services. The Group supports over 20,000 clients in 118 countries and employs 220 people with offices in New York, Las Vegas, Antwerp, Ramat Gan, Mumbai, Surat, Dubai and Hong Kong. Additional information is available at www.Diamonds.net. 

About RapLab: Rapaport Laboratory LLC provides a broad range of high level gemological services to the professional diamond trade. These include the Rapaport Investment Diamond Report, the RapNet Diamond Grading Report, verification, authentication and identification services and high definition Imaging. RapLab also provides sophisticated electronic services that provide global access to our gemological data and grading reports.

 

Source: Rapaport

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