Just ten years ago, back when Amazon was a cool, new place to buy books and YouTube was too obscure for advertising, people could hardly imagine buying fresh produce, let alone diamonds online.
When looking at a diamond, there are two main things people notice right off the bat. The first is obviously the size, and the second is the sparkle.
These days you’d be hard pressed to find any diamond retailer who hasn’t gone through the onerous process of explaining to their clients all the reasons why their EGL certified diamond would not sell for the same price as a GIA diamond with the same specs. The reasons are numerous and yet still very complicated. If you’re one of those people who are still trying to make sense of it all, there are several things that you need to know about the two labs and the reasons why they operate differently. Here are five reasons why EGL and GIA certified diamonds differ in price.