Diamonds and Diamond Grading Exam Questions with Latest Update
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Course
Diamond grading
Institution
Diamond Grading
Exact diamond market value to a buyer - Answer-A diamond grading system provides
Sells to retailers - Answer-A wholesaler is someone who
Depend on the market conditions that exist when the lists are published - Answer-Diamond prices on wholesale price lists
Graded much more thoroughly than...
Diamonds and Diamond Grading Exam
Questions with Latest Update
Exact diamond market value to a buyer - Answer-A diamond grading system provides
Sells to retailers - Answer-A wholesaler is someone who
Depend on the market conditions that exist when the lists are published - Answer-
Diamond prices on wholesale price lists
Graded much more thoroughly than small low quality ones - Answer-Large high quality
diamonds
Mountings hide detail of clarity and cut - Answer-Reputable gemological labs don't
grade mounted diamonds because
Sieves - Answer-Dealers often sort melee by size using
The world supply of diamond rough has increased - Answer-Diamond industry has
changed dramatically in recent years because
The sire of the cutting industry in India - Answer-The argyle mine in Australia
contributed to
Specific combination of the four Cs - Answer-Wholesale price lists are usually organized
according to
Results of conditions under which they form - Answer-Diamonds supreme hardness and
durability are
Must spend additional time and money to evaluate them - Answer-Once Diamond
deposits are located mining companies
Appraisal - Answer-An estimation of the value of an article
Reputable gemological laboratories - Answer-The most consistent and dependable
sources of diamond grades
Can buy in large quantities - Answer-Substantial price discounts are available to
retailers and jewelry manufacturers who
Quality - Answer-A diamond clarity and color grades indicate it's
,Brazil - Answer-Before the discovery of south Africas Diamond deposit the worlds two
major producers were India and
1860s - Answer-Diamond sources started appearing in south Africa during the
Rough diamond distribution agency - Answer-The central selling organization was a
The discovery of the star of South Africa - Answer-The South African diamond rush was
sparked by
Yellow ground - Answer-The soft Diamond bearing material near the surface of a
diamond field
Barney Barnato - Answer-Cecil Rhodes main competitor in his early attempts to control
Diamond production was
Cecil Rhodes - Answer-Who established the de beers consolidated mines limited in
1888
The owners of a farm where one of the first diamond rushes took place - Answer-De
beers consolidated minds Limited was named after
London Diamond syndicate - Answer-The group that united in 1890 to buy and sell all
the output of the major Diamond producers including de beers
Shut down operations at de beers mines - Answer-Oppenheimers answer to low
Diamond demand in the 1930s
Assist in Diamond marketing efforts - Answer-The diamond information center and the
diamond promotion service were created to
Diamond pipeline - Answer-The path diamonds followed from mine to consumer
Attending invitation only trading events - Answer-Sightholders purchased Diamond
rough by
The financial strength to make large purchase commitments - Answer-De beers
requires it sighholders to have an excellent reputation in the industry and
Diamond rough over 10.80 carats - Answer-And the diamond trade the word "specials"
refers to
Argyle - Answer-Which diamond mines huge production influence the world market in
the late 1980s
, Beneficiation - Answer-Commitment to reserve a portion of the resources derived from
any country for the economic development of that country
Cutting center - Answer-A city region or country with a large number of gemstone
manufacturers
Change the name of the CSO to the DTC - Answer-One of the changes that resulted
from de beers strategic review in 1999
Introducing the foreverMark logo - Answer-In 2000 beers all targets consumer
advertising by
The Kimberly process - Answer-The diamond in history program designed to ensure
that Diamond's do not find civil conflict or terrorism
Electronic retailers - Answer-Businesses that sell to consumers via television or
computer
May 2001 - Answer-De beers became a privately owned company
Australia - Answer-Vast quantities of small and in-expensive diamond suitable for low-
cost mass-market jewelry are mined in
Vertical integration - Answer-The involvement of a business or industry in all aspects of
its products market
India - Answer-By 2004 more than 90% of manufacturing for the Diamond market was
done in
Supplier of choice 2 - Answer-The program adopted by deBeers in 2007 to answer
critics and resolve shortcomings of its SOC program
Black economic empowerment - Answer-In South Africa a new mining charter that
designates the people of the country as the owners of its mineral resources is a result of
Aggressively promoted jewelry set with their own tiny Gems - Answer-Because the
Australians believe the CSO marketing favored large stones over smaller ones
Diamond buying and selling club - Answer-Bourse
90 to 140 miles - Answer-How far beneath the earth surface do diamonds form
Pipes - Answer-The deep vertical formations through which diamonds traveled to the
surface
Eureka - Answer-The first authenticated Diamond discovered in South Africa
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