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GIA DIAMONDS AND DIAMOND GRADING
FINAL EXAM QUESTIONS AND VERIFIED ANSWERS |
2025/2026 UPDATE
Prose1 Stuvia
THIS DOCUMENT CONTAINS:
GIA DIAMONDS
DIAMOND GRADING
FINAL EXAM
QUESTIONS AND VERIFIED ANSWERS
2025/2026 UPDATE
, GIA DIAMONDS AND DIAMOND GRADING
FINAL EXAM QUESTIONS AND VERIFIED
ANSWERS | 2025/2026 UPDATE
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.
A diamond grading system provides - ✔✔✔ ANSWER a consistent way
to communicate diamond quality.
Diamond's supreme hardness and durability are - ✔✔✔ ANSWER a
result of the conditions under which it formed.
Wholesale price lists are usually organized according to - ✔✔✔
ANSWER specific combinations of the Four Cs.
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.
A diamond's clarity and color grades indicate its - ✔✔✔ ANSWER
quality
Once diamond deposits are located, mining companies - ✔✔✔ ANSWER
must spend additional time and money to evaluate and develop them.
,Large, high-quality diamonds are - ✔✔✔ ANSWER graded much more
thoroughly than small, low-quality ones.
Reputable gem laboratories don't grade mounted diamonds because -
✔✔✔ ANSWER mountings hide details of clarity and cut.
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.
Dealers often sort melee by size using - ✔✔✔ ANSWER sieves
The Argyle mine in Australia contributed to - ✔✔✔ ANSWER the rise of
the cutting industry in India.
Sightholders purchase diamond rough by - ✔✔✔ ANSWER attending
invitation-only trading events.
Before the discovery of South Africa's diamond deposits, the world's
two major producers were India and - ✔✔✔ ANSWER Brazil
Cecil Rhodes' main competitor in his early attempts to control diamond
production was - ✔✔✔ ANSWER Barney Barnato
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.
, In the diamond trade, the word "specials" refers to - ✔✔✔ ANSWER
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diamond rough over 10.80 cts.
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The Central Selling Organisation was a - ✔✔✔ ANSWER rough diamond
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distribution agency.
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The South African diamond rush was sparked by - ✔✔✔ ANSWER the
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discovery of the Star of South Africa.
bn bn bn bn bn bn bn
Diamond sources started appearing in South Africa during the - ✔✔✔
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ANSWER 1860's bn
The path diamonds followed from mine to consumer was called the -
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✔✔✔ ANSWER diamond pipeline.
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The Diamond Information Center and the Diamond Promotion Service
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were created to - ✔✔✔ ANSWER assist in diamond marketing efforts.
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The soft, diamond-bearing material near the surface of a diamond field
bn bn bn bn bn bn bn bn bn bn
was named - ✔✔✔ ANSWER yellowground.
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De Beers Consolidated Mines Ltd. was named after - ✔✔✔ ANSWER the
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owners of a farm where one of the first diamond rushes took place.
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Who established De Beers Consolidated Mines Ltd. in 1888? - ✔✔✔
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ANSWER Cecil Rhodes bn bn
De Beers requires its sightholders to have an excellent reputation in the
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industry and - ✔✔✔ ANSWER the financial strength to make large
bn bn bn bn bn bn bn bn bn bn bn
purchase commitments.
bn bn
GIA DIAMONDS AND DIAMOND GRADING
FINAL EXAM QUESTIONS AND VERIFIED ANSWERS |
2025/2026 UPDATE
Prose1 Stuvia
THIS DOCUMENT CONTAINS:
GIA DIAMONDS
DIAMOND GRADING
FINAL EXAM
QUESTIONS AND VERIFIED ANSWERS
2025/2026 UPDATE
, GIA DIAMONDS AND DIAMOND GRADING
FINAL EXAM QUESTIONS AND VERIFIED
ANSWERS | 2025/2026 UPDATE
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.
A diamond grading system provides - ✔✔✔ ANSWER a consistent way
to communicate diamond quality.
Diamond's supreme hardness and durability are - ✔✔✔ ANSWER a
result of the conditions under which it formed.
Wholesale price lists are usually organized according to - ✔✔✔
ANSWER specific combinations of the Four Cs.
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.
A diamond's clarity and color grades indicate its - ✔✔✔ ANSWER
quality
Once diamond deposits are located, mining companies - ✔✔✔ ANSWER
must spend additional time and money to evaluate and develop them.
,Large, high-quality diamonds are - ✔✔✔ ANSWER graded much more
thoroughly than small, low-quality ones.
Reputable gem laboratories don't grade mounted diamonds because -
✔✔✔ ANSWER mountings hide details of clarity and cut.
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.
Dealers often sort melee by size using - ✔✔✔ ANSWER sieves
The Argyle mine in Australia contributed to - ✔✔✔ ANSWER the rise of
the cutting industry in India.
Sightholders purchase diamond rough by - ✔✔✔ ANSWER attending
invitation-only trading events.
Before the discovery of South Africa's diamond deposits, the world's
two major producers were India and - ✔✔✔ ANSWER Brazil
Cecil Rhodes' main competitor in his early attempts to control diamond
production was - ✔✔✔ ANSWER Barney Barnato
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.
, In the diamond trade, the word "specials" refers to - ✔✔✔ ANSWER
bn bn bn bn bn bn bn bn bn bn bn
diamond rough over 10.80 cts.
bn bn bn bn bn
The Central Selling Organisation was a - ✔✔✔ ANSWER rough diamond
bn bn bn bn bn bn bn bn bn bn
distribution agency.
bn bn
The South African diamond rush was sparked by - ✔✔✔ ANSWER the
bn bn bn bn bn bn bn bn bn bn bn
discovery of the Star of South Africa.
bn bn bn bn bn bn bn
Diamond sources started appearing in South Africa during the - ✔✔✔
bn bn bn bn bn bn bn bn bn bn
ANSWER 1860's bn
The path diamonds followed from mine to consumer was called the -
bn bn bn bn bn bn bn bn bn bn bn
✔✔✔ ANSWER diamond pipeline.
bn bn bn
The Diamond Information Center and the Diamond Promotion Service
bn bn bn bn bn bn bn bn
were created to - ✔✔✔ ANSWER assist in diamond marketing efforts.
bn bn bn bn bn bn bn bn bn bn bn
The soft, diamond-bearing material near the surface of a diamond field
bn bn bn bn bn bn bn bn bn bn
was named - ✔✔✔ ANSWER yellowground.
bn bn bn bn bn bn
De Beers Consolidated Mines Ltd. was named after - ✔✔✔ ANSWER the
bn bn bn bn bn bn bn bn bn bn bn
owners of a farm where one of the first diamond rushes took place.
bn bn bn bn bn bn bn bn bn bn bn bn bn
Who established De Beers Consolidated Mines Ltd. in 1888? - ✔✔✔
bn bn bn bn bn bn bn bn bn bn
ANSWER Cecil Rhodes bn bn
De Beers requires its sightholders to have an excellent reputation in the
bn bn bn bn bn bn bn bn bn bn bn
industry and - ✔✔✔ ANSWER the financial strength to make large
bn bn bn bn bn bn bn bn bn bn bn
purchase commitments.
bn bn
