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GIA Diamonds and Diamond Grading Final Exam; Questions & Answers 100% Solved

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GIA Diamonds and Diamond Grading Final Exam; Questions & Answers 100% Solved 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 answert...

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  • August 8, 2024
  • 39
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Diamond Essentials
  • Diamond Essentials
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GOLDTUTORS
GIA Diamonds and Diamond Grading Final
Exam; Questions & Answers 100% Solved
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.




A diamond grading system provides Correct answer-a consistent way to communicate
diamond quality.




Diamond's supreme hardness and durability are Correct answer-a result of the conditions
under which it formed.




Wholesale price lists are usually organized according to Correct answer-specific
combinations of the Four Cs.




An estimation of the value of an article is a(n) Correct answer-appraisal




The most consistent and dependable sources of diamond grades are Correct answer-
reputable gemological laboratories.




A diamond's clarity and color grades indicate its Correct answer-quality

, GIA Diamonds and Diamond Grading Final
Exam; Questions & Answers 100% Solved
Once diamond deposits are located, mining companies Correct answer-must spend
additional time and money to evaluate and develop them.




Large, high-quality diamonds are Correct answer-graded much more thoroughly than
small, low-quality ones.




Reputable gem laboratories don't grade mounted diamonds because Correct answer-
mountings hide details of clarity and cut.




A wholesaler is someone who Correct answer-sells to retailers




Diamond prices on wholesale price lists Correct answer-depend on the market conditions
that exist when the lists are published.




Dealers often sort melee by size using Correct answer-sieves




The Argyle mine in Australia contributed to Correct answer-the rise of the cutting
industry in India.




Sightholders purchase diamond rough by Correct answer-attending invitation-only
trading events.

, GIA Diamonds and Diamond Grading Final
Exam; Questions & Answers 100% Solved
Before the discovery of South Africa's diamond deposits, the world's two major producers were
India and Correct answer-Brazil




Cecil Rhodes' main competitor in his early attempts to control diamond production was
Correct 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 Correct answer-London Diamond Syndicate




Oppenheimer's answer to low diamond demand in the 1930s was to Correct answer-shut
down operations at De Beers mines.




In the diamond trade, the word "specials" refers to Correct answer-diamond rough over
10.80 cts.




The Central Selling Organisation was a Correct answer-rough diamond distribution
agency.




The South African diamond rush was sparked by Correct answer-the discovery of the Star
of South Africa.




Diamond sources started appearing in South Africa during the Correct answer-1860's

, GIA Diamonds and Diamond Grading Final
Exam; Questions & Answers 100% Solved

The path diamonds followed from mine to consumer was called the Correct answer-
diamond pipeline.




The Diamond Information Center and the Diamond Promotion Service were created to
Correct answer-assist in diamond marketing efforts.




The soft, diamond-bearing material near the surface of a diamond field was named
Correct answer-yellowground.




De Beers Consolidated Mines Ltd. was named after Correct answer-the owners of a farm
where one of the first diamond rushes took place.




Who established De Beers Consolidated Mines Ltd. in 1888? Correct answer-Cecil Rhodes




De Beers requires its sightholders to have an excellent reputation in the industry and
Correct answer-the financial strength to make large purchase commitments.




Which diamond mine's huge production influenced the world market in the late 1980s?
Correct answer-Argyle

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