Diamonds and Diamond Grading Final
Exam Questions and Correct Answers
A loupe used for clarity grading must be corrected for chromatic and - Answer-Spherical distortion
Large, high-quality diamonds are... - Answer-Graded much more thoroughly than small, low-quality
ones
Once diamond deposits are located, mining companies... - Answer-Must spend additional time and
money to evaluate and develop them
Reputable gem labs don't grade mounted diamonds because... - Answer-Mountings hide details of
clarity and cut
Diamond prices on wholesale price lists... - Answer-Depend on the market conditions that exist when
the lists are published
Substantial price discounts are available to retailers and jewelry manufacturers who... - Answer-Can buy
in large quantities
The diamond industry has changed dramatically in recent years because... - Answer-The world's supply
of diamond rough has increased
,Wholesale price lists are usually organized according to - Answer-Specific combos of the 4 Cs
The most consistent and dependable sources of diamond grades are... - Answer-Reputable gemological
labs
A diamond grading system provides... - Answer-A consistent way to communicate diamond quality
An estimation of the vaule of an article is a(n)... - Answer-Appraisal
A wholesaler is someone who... - Answer-Sells to retailers
A diamond's clarity and color grades indicate its... - Answer-Quality
Dealers often sort melee by size using... - Answer-Sieves
The Argyle mine in Australia contributed to... - Answer-Caused dramatic growth in India's diamond
cutting industry
Diamond's supreme hardness and durability are... - Answer-A result of the conditions under which it
formed
The South African diamond rush was sparked by - Answer-The discovery of the Star of South Africa
Oppenheimer's answer to low diamond demand in the 1930s was to - Answer-Shut down operations at
De Beers mines
, Cecil Rhodes' main competitor in his early attempts to control diamond production was - Answer-
Barney Barnato
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
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
Diamond sources started appearing in South Africa during the - Answer-1860s
De Beers Consolidated Mine LTD. Was named after - Answer-The owners of a farm where one of the
first diamond rushes took place
Who established De Beers Consolidated Mines Ltd. In 18888 - Answer-Cecil Rhodes
The central selling organization was a - Answer-Rough diamond distribution agency
De Beers requires its sightholders to have an excellent reputation in the industry and - Answer-The
financial strength to make large purchase commitments
The soft, diamond-bearing material near the surface of a diamond field was named - Answer-
Yellowground
Before the discovery of South Afirca's diamond deposits, the world's two major producers were India
and - Answer-Brazil
Exam Questions and Correct Answers
A loupe used for clarity grading must be corrected for chromatic and - Answer-Spherical distortion
Large, high-quality diamonds are... - Answer-Graded much more thoroughly than small, low-quality
ones
Once diamond deposits are located, mining companies... - Answer-Must spend additional time and
money to evaluate and develop them
Reputable gem labs don't grade mounted diamonds because... - Answer-Mountings hide details of
clarity and cut
Diamond prices on wholesale price lists... - Answer-Depend on the market conditions that exist when
the lists are published
Substantial price discounts are available to retailers and jewelry manufacturers who... - Answer-Can buy
in large quantities
The diamond industry has changed dramatically in recent years because... - Answer-The world's supply
of diamond rough has increased
,Wholesale price lists are usually organized according to - Answer-Specific combos of the 4 Cs
The most consistent and dependable sources of diamond grades are... - Answer-Reputable gemological
labs
A diamond grading system provides... - Answer-A consistent way to communicate diamond quality
An estimation of the vaule of an article is a(n)... - Answer-Appraisal
A wholesaler is someone who... - Answer-Sells to retailers
A diamond's clarity and color grades indicate its... - Answer-Quality
Dealers often sort melee by size using... - Answer-Sieves
The Argyle mine in Australia contributed to... - Answer-Caused dramatic growth in India's diamond
cutting industry
Diamond's supreme hardness and durability are... - Answer-A result of the conditions under which it
formed
The South African diamond rush was sparked by - Answer-The discovery of the Star of South Africa
Oppenheimer's answer to low diamond demand in the 1930s was to - Answer-Shut down operations at
De Beers mines
, Cecil Rhodes' main competitor in his early attempts to control diamond production was - Answer-
Barney Barnato
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
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
Diamond sources started appearing in South Africa during the - Answer-1860s
De Beers Consolidated Mine LTD. Was named after - Answer-The owners of a farm where one of the
first diamond rushes took place
Who established De Beers Consolidated Mines Ltd. In 18888 - Answer-Cecil Rhodes
The central selling organization was a - Answer-Rough diamond distribution agency
De Beers requires its sightholders to have an excellent reputation in the industry and - Answer-The
financial strength to make large purchase commitments
The soft, diamond-bearing material near the surface of a diamond field was named - Answer-
Yellowground
Before the discovery of South Afirca's diamond deposits, the world's two major producers were India
and - Answer-Brazil