Diamonds and Diamond Grading Exam Questions with Latest Update
2 views 0 purchase
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
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller lectknancy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $16.49. You're not tied to anything after your purchase.
