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Diamond certified FL (flawless) by the GIA Two diamonds of grade VS 1 and SI 2 respectively. The GIA diamond grading scale is divided into six categories and eleven grades. [2] The clarity categories and grades are: [3] Flawless category (FL) diamonds have no inclusions or blemishes visible under 10× magnification. [3]
Color grading of diamonds was performed as a step of sorting rough diamonds for sale by the London Diamond Syndicate. As the diamond trade developed, early diamond grades were introduced. Without any co-operative development, these early grading systems lacked standard nomenclature and consistency. Some early grading scales were; I, II, III; A, AA, AAA; A, B, C. Numerous terms
GIA was also responsible for the first modern diamond grading reports, where it introduced grading methodologies for diamond color and diamond clarity. Current research at gemological laboratories concerns the development of improved detection techniques for treated and synthetic diamonds, as well as for treated sapphires, rubies and pearls.
All diamonds are graded on a scale from D—colorless diamonds—to Z—diamonds with a yellow or brown tint. While a D-graded diamond is often the most in-demand, a stone that falls in the middle ...
Diamonds with higher color grades are rarer, in higher demand, and therefore more expensive, than lower color grades. Oddly enough, diamonds graded Z are also rare, and the bright yellow color is also highly valued. Diamonds graded D–F are considered "colorless", G–J are considered "near-colorless", K–M are "slightly colored".
A large trade in gem-grade diamonds exists. Although most gem-grade diamonds are sold newly polished, there is a well-established market for resale of polished diamonds (e.g. pawnbroking, auctions, second-hand jewelry stores, diamantaires, bourses, etc.).