Trusted and Professional Toronto Diamond Appraisal
A Toronto diamond appraisal is the process by which a certified appraiser examines and determines the dollar value for a precious stone. When in search of professional and trustworthy diamond appraisers, speak to our industry-leading gemologists at Toronto Gold. Conveniently located at 829 Bloor Street in Toronto, we invite you to visit us in person and learn more about the value of your diamond.
Often, one of the most important reasons behind getting your jewelry appraised is for insurance purposes. To ensure that your jewelry is evaluated per its true quality, it is essential to have it appraised in a timely fashion. In the event of a loss, it becomes easier to prove the value of your diamond if appraisals are regularly conducted. Insurance companies often ask for documented proof of value, and a Toronto diamond appraisal from trusted professionals at Toronto Gold.
During diamond appraisals, the value of a diamond determined by four major factors: colour, clarity, cut and carat weight. To accurately appraise a diamond and assess its true dollar value, the appraiser uses an established grading system, such as that of the GIA (Gemological Institute of America). However, because diamonds are formed deep within the Earth, under extreme heat and pressure, they often contain unique birthmarks, either internal (inclusions) or external (blemishes), all of which impact overall value and appearance.
How to Determine the Value of Diamond with Toronto Diamond Appraisal
Clarity
Diamond clarity refers to the absence of inclusions and blemishes. Although diamonds without these marks are rare, their rarity significantly affects the diamond’s overall value. When you bring in your diamond for a Toronto diamond appraisal at Toronto Gold, our industry professionals utilize the GIA Clarity Scale containing 11 grades, to determine your diamonds clarity grade. Although most diamonds on the market fall into the VS (very slightly included) or SI (slightly included) categories, other clarity grades include:
- Flawless (FL): No inclusions or blemishes are visible to a skilled grader using 10x magnification
- Internally flawless (IF): No inclusions and only blemishes are visible to a skilled grader using 10x magnification
- Very very slightly included (VVS1 and VVS2): Inclusions are difficult for an experienced grader to see under 10x magnification
- Very slightly included (VS1 and VS2): Inclusions are minor and range from difficult to somewhat easy for a skilled grader to see under 10x magnification
- Slightly included, (SI1 and SI2): Inclusions are noticeable to an experienced grader under 10x magnification
- Included (I1, I2, I3): Inclusions are obvious under 10x magnification and may affect transparent and brilliance
Colour
A diamond’s colour is more about what you can’t see rather than what you can see. Diamonds are valued based on how closely they approach colourless, as the less colour, the higher the value. However, most diamonds found in jewelry stores range from colourless to near-colourless, with slight hints of yellow or brown. Although many of these colour distinctions are so subtle and undetectable to the untrained eye, minor differences make a significant difference in diamond quality and price. At Toronto Gold, our GIA certified diamond appraisers use their expertise to carefully examine your diamond’s colour to provide you with an accurate valuation.
Cut
Cut quality is a leading factor that impacts a diamond’s sparkle and brilliance. It is evaluated by measuring the proportions of the stone and determining how close they are to the ideal proportions used as benchmarks.
The GIA Diamond Cut Grading System is based on the assessment of seven components. These include brightness which is the total amount of light reflected from a diamond, fire which describes the dispersion of light into the colours of the spectrum and scintillation which illustrates the pattern of light and dark areas, as well as the flashes of light, or sparkle when a diamond moves. The remaining four factors include weight ratio, durability, polish and symmetry. Some of the most popular cuts for diamonds today include round, princess, emerald, oval, radiant, pear and cushion.
At Toronto Gold, our GIA certified Toronto Diamond Appraisal use their expertise to carefully examine the cut of your diamond to provide you with an accurate valuation.
Carat
Diamonds are weighed in metric carats, which is often mistaken for the karat, the term used to describe gold purity. However, the relationship between carat and value is not linear as bigger diamonds are exponentially more valuable than smaller ones. Because of the considerable difference, even a fraction of a carat can make on the price of a diamond, precision is crucial. With our Toronto diamond appraisal, we evaluate your diamond, they will take into account how the weight of the stone affects its price, given the stone’s cut, clarity, and colour grades.
Call or Visit Toronto Gold In-Store for Professional Toronto Diamond Appraisal
At Toronto Gold, we use the latest gemological equipment. Furthermore, our GIA and CGA diamond buyers are versed in the most effective appraisal techniques. Upon arrival at Toronto Gold, your diamonds are carefully graded based on craftsmanship, condition and market desirability, to provide you with a competitive payment that you can be proud of. Therefore, if you’re in possession of old jewelry and are in need of quick payout, speak to our experts today!
Our industry-leading gemologist is available every Wednesday by appointment from 11 am to 6 pm. For a Toronto diamond appraisal, call us at 416 434 4653 for more information or to book an appointment. As a member of the Canada Gold Network of Gold and Diamond Buyers, we pride ourselves on honesty and transparency. However, the decision to sell or purchase diamonds can be a difficult one. But at Toronto Gold, we help make it easy. Therefore, if you are interested in professional Toronto Diamond Appraisal, choose Toronto Gold. Give us a call today or stop by in person for more information.
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