GIA Diamonds & Diamond
Grading - Tigran Mujukian
Comprehensive Questions
(Frequently Tested) with
Verified Answers Graded A+
A diamond grading system provides - Answer: a consistent way to communicate diamond
quality
A wholesaler is someone who - Answer: sells to retailers
Diamond prices on wholesale price lists - Answer: depend on the market conditions that exist
when the lists are published
Large, high-quality diamonds are - Answer: graded much more thoroughly than small, low-
quality ones
Diamond's supreme hardness and durability are - Answer: a result of the conditions under
which it formed
Once diamond deposits are located, mining companies - Answer: must spend additional time
and money to evaluate and develop them
An estimation of the value of an article is a(n) - Answer: appraisal
The most consistent and dependable sources of diamond grades are - Answer: reputable
gemological laboratories
,Substantial price discounts are available to retailers and jewelry manufacturers who - Answer:
can buy in large quantities
A diamond's clarity and color grades indicate its - Answer: quality
Reputable gemological laboratories don't grade mounted diamonds because - Answer:
mountings hide details of clarity and cut
Dealers often sort melee by size using - Answer: sieves
The diamond industry has changed dramatically in recent years because - Answer: the world's
supply of diamond rough has increased
The Argyle mine in Australia contributed to - Answer: the rise of the cutting industry in India
Wholesale price lists are usually organized according to - Answer: specific combinations of the
Four C's
Before the discovery of South Africa's diamond deposits, the world's two major producers were
India and - Answer: Brazil
Diamond sources started appearing in South Africa during the - Answer: 1860s
The Central Selling Organisation was a - Answer: rough diamond distribution agency
The South African diamond rush was sparked by - Answer: the discovery of the Star of South
Africa
, The soft, diamond-bearing material near the surface of a diamond field was named - Answer:
yellowground
Cecil Rhodes' main competitor in his early attempts to control diamond production was -
Answer: Barney Barnato
Who established De Beers Consolidated Mines Ltd. in 1888? - Answer: Cecil Rhodes
De Beers Consolidated Mines Ltd. was named after - Answer: the owners of a farm where one of
the first diamond rushes took place
The group that united in 1890 to buy and sell all of the output of the major diamond producers,
including De Beers, was the - Answer: London Diamond Syndicate
Oppenheimer's answer to low diamond demand in the 1930s was to - Answer: shut down
operations at De Beers mines
The Diamond Information Center and the Diamond Promotion Service were created to -
Answer: assist in diamond marketing efforts
The path diamonds followed from mine to consumer was called the - Answer: diamond pipeline
Sightholders purchase diamond rough by - Answer: attending invitation-only trading events
De Beers requires its sightholders to have an excellent reputation in the industry and - Answer:
the financial strength to make large purchase commitments
Grading - Tigran Mujukian
Comprehensive Questions
(Frequently Tested) with
Verified Answers Graded A+
A diamond grading system provides - Answer: a consistent way to communicate diamond
quality
A wholesaler is someone who - Answer: sells to retailers
Diamond prices on wholesale price lists - Answer: depend on the market conditions that exist
when the lists are published
Large, high-quality diamonds are - Answer: graded much more thoroughly than small, low-
quality ones
Diamond's supreme hardness and durability are - Answer: a result of the conditions under
which it formed
Once diamond deposits are located, mining companies - Answer: must spend additional time
and money to evaluate and develop them
An estimation of the value of an article is a(n) - Answer: appraisal
The most consistent and dependable sources of diamond grades are - Answer: reputable
gemological laboratories
,Substantial price discounts are available to retailers and jewelry manufacturers who - Answer:
can buy in large quantities
A diamond's clarity and color grades indicate its - Answer: quality
Reputable gemological laboratories don't grade mounted diamonds because - Answer:
mountings hide details of clarity and cut
Dealers often sort melee by size using - Answer: sieves
The diamond industry has changed dramatically in recent years because - Answer: the world's
supply of diamond rough has increased
The Argyle mine in Australia contributed to - Answer: the rise of the cutting industry in India
Wholesale price lists are usually organized according to - Answer: specific combinations of the
Four C's
Before the discovery of South Africa's diamond deposits, the world's two major producers were
India and - Answer: Brazil
Diamond sources started appearing in South Africa during the - Answer: 1860s
The Central Selling Organisation was a - Answer: rough diamond distribution agency
The South African diamond rush was sparked by - Answer: the discovery of the Star of South
Africa
, The soft, diamond-bearing material near the surface of a diamond field was named - Answer:
yellowground
Cecil Rhodes' main competitor in his early attempts to control diamond production was -
Answer: Barney Barnato
Who established De Beers Consolidated Mines Ltd. in 1888? - Answer: Cecil Rhodes
De Beers Consolidated Mines Ltd. was named after - Answer: the owners of a farm where one of
the first diamond rushes took place
The group that united in 1890 to buy and sell all of the output of the major diamond producers,
including De Beers, was the - Answer: London Diamond Syndicate
Oppenheimer's answer to low diamond demand in the 1930s was to - Answer: shut down
operations at De Beers mines
The Diamond Information Center and the Diamond Promotion Service were created to -
Answer: assist in diamond marketing efforts
The path diamonds followed from mine to consumer was called the - Answer: diamond pipeline
Sightholders purchase diamond rough by - Answer: attending invitation-only trading events
De Beers requires its sightholders to have an excellent reputation in the industry and - Answer:
the financial strength to make large purchase commitments
