Diamonds and Diamond Grading Final
Exam Questions and Answers (Latest
Update 2025)
A loupe used for clarity grading must be corrected for
chromatic and - Correct Answer✅ Spherical distortion
Large, high-quality diamonds are... - Correct Answer✅
Graded much more thoroughly than small, low-quality ones
Once diamond deposits are located, mining companies... -
Correct Answer✅ Must spend additional time and money to
evaluate and develop them
Reputable gem labs don't grade mounted diamonds
because... - Correct Answer✅ Mountings hide details of
clarity and cut
Diamond prices on wholesale price lists... - Correct Answer✅
Depend on the market conditions that exist when the lists are
published
,Diamonds and Diamond Grading Final
Exam Questions and Answers (Latest
Update 2025)
Substantial price discounts are available to retailers and
jewelry manufacturers who... - Correct Answer✅ Can buy in
large quantities
The diamond industry has changed dramatically in recent
years because... - Correct Answer✅ The world's supply of
diamond rough has increased
Wholesale price lists are usually organized according to -
Correct Answer✅ Specific combos of the 4 Cs
The most consistent and dependable sources of diamond
grades are... - Correct Answer✅ Reputable gemological labs
A diamond grading system provides... - Correct Answer✅ A
consistent way to communicate diamond quality
An estimation of the vaule of an article is a(n)... - Correct
Answer✅ Appraisal
,Diamonds and Diamond Grading Final
Exam Questions and Answers (Latest
Update 2025)
A wholesaler is someone who... - Correct Answer✅ Sells to
retailers
A diamond's clarity and color grades indicate its... - Correct
Answer✅ Quality
Dealers often sort melee by size using... - Correct Answer✅
Sieves
The Argyle mine in Australia contributed to... - Correct
Answer✅ Caused dramatic growth in India's diamond cutting
industry
Diamond's supreme hardness and durability are... - Correct
Answer✅ A result of the conditions under which it formed
The South African diamond rush was sparked by - Correct
Answer✅ The discovery of the Star of South Africa
, Diamonds and Diamond Grading Final
Exam Questions and Answers (Latest
Update 2025)
Oppenheimer's answer to low diamond demand in the 1930s
was to - Correct Answer✅ Shut down operations at De Beers
mines
Cecil Rhodes' main competitor in his early attempts to control
diamond production was - Correct Answer✅ Barney Barnato
The diamond information center and the diamond promotion
service were created to - Correct Answer✅ Assist in diamond
marketing efforts
The path diamonds followed from mine to consumer was
called the - Correct 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
- Correct Answer✅ London Diamond Syndicate
Diamond sources started appearing in South Africa during the
- Correct Answer✅ 1860s
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