When i sell my diamonds, is a certificate the same thing as an appraisal?
No. A diamond appraisal is the opinion of an individual appraiser as to the quality
of a diamond and his/her opinion as to the monetary cost of replacing the stone. An appraisal is
useful only as a tool for the insurance industry when a customer needs something replaced due to
loss or theft. Appraisals are typically far above the actual retail cost of a diamond. In contrast,
a certificate is issued by an independent laboratory that has had one or more staff members evaluate
the stone for its specific quality. A certificate contains no price estimates; it is simply the
assessment of the lab as to the exact quality of the diamond you are selling.
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