Professional Jeweler Archive: EGL USA & GemEx Announce Combined Report

November 2004


EGL USA & GemEx Announce Combined Report

Design is intended to help consumers better understand their diamonds

Anew report is now available combining diamond grading by EGL USA, New York City, and a cut-performance report by GemEx Systems, Mequon WI.

The report includes GemEx’s recorded images of a diamond under six lighting angles to show brilliance, fire and scintillation. This is important, says EGL USA, because two diamonds with similar characteristics can vary widely in the way they perform under similar lighting conditions. Because of this, says GemEx, every EGL-analyzed diamond is entered into a database of other like diamonds. That database is now 630,000 strong, making it possible for comparable ratings.

“The GemEx/EGL USA combined report provides the answer many of our customers have been requesting: one report with GemEx light performance and quality color and clarity grading. We are proud to be working with EGL USA and excited about bringing this important new business tool to diamond wholesalers and retailers,” says GemEx President Randy Wagner.

Mark Gershburg, CEO of EGL USA, says the report is consumer-friendly. “It will stimulate interest in light performance among consumers and help them understand more about their diamonds. For the trade, it will mean one all-inclusive report and one invoice.”

The announcement comes at a time when demand for cut performance characteristics is growing among consumers. Two other major U.S. labs, the American Gem Society Laboratory and the Gemological Institute of America Gem Trade Laboratory, recently announced their own findings regarding cut and are releasing information about cut grades.

– by Robert Weldon, G.G.

Copyright © 2004 by Bond Communications