I have an investment grade diamond (.69 carat, round brillant cut, E-IF) graded by the European Gemological Laboratory in 1980. I have a certficate and the diamond is sealed. Is this grading service still active? If not would this appraisal be valid ?
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Appraisal Question
Started by rcz285, Dec 21 2005 05:43 PM
3 replies to this topic
#2
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- A-List Appraiser
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Ideal Diamond
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Posted 21 December 2005 - 07:15 PM
Yes, EGL is still in business. Their US office is www.egl-usa.com. The European operation is a completely different company at www.egl.co.za.
Valid for what?
Valid for what?
Neil Beaty
GG(GIA) ICGA(AGS) NAJA
There's never a crowd when you go that extra mile.
Professional Appraisals in Denver
GG(GIA) ICGA(AGS) NAJA
There's never a crowd when you go that extra mile.
Professional Appraisals in Denver
#3
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- Member
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Newbie
Posted 22 December 2005 - 07:54 AM
Valid was probably the incorrect word. Are EGL evaluations respected in the diamond community?
#4
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- A-List Appraiser
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- 5,148 posts
Ideal Diamond
- Gender:Male
- Location:Denver Colorado, USA
Posted 22 December 2005 - 08:12 AM
Not especially.
They are a pretty large and high volume lab and have been in business for a long time. Consumers are often advised to give expect a grade or two of difference for clarity and color when comparing EGL graded stones to the expected GIA grading on the same stone. EGL-USA has a better reputation than EGL-Europe at this. The weight is usually right on no matter which lab issued it and they don't grade any of the other attributes, or at least they didn't in 1980. The 'value' if one is included is nonsense. If you are selling to a dealer, they are likely to ignore the report entirely and use their own determination of the grade.
The two EGL's are competitors with one another but I think in 1980 they were more closely tied together than they are now. They may have even been the same company at that time.
There's a search box at the bottom of the page where you can look up previous discussions with comments about them.
They are a pretty large and high volume lab and have been in business for a long time. Consumers are often advised to give expect a grade or two of difference for clarity and color when comparing EGL graded stones to the expected GIA grading on the same stone. EGL-USA has a better reputation than EGL-Europe at this. The weight is usually right on no matter which lab issued it and they don't grade any of the other attributes, or at least they didn't in 1980. The 'value' if one is included is nonsense. If you are selling to a dealer, they are likely to ignore the report entirely and use their own determination of the grade.
The two EGL's are competitors with one another but I think in 1980 they were more closely tied together than they are now. They may have even been the same company at that time.
There's a search box at the bottom of the page where you can look up previous discussions with comments about them.
Neil Beaty
GG(GIA) ICGA(AGS) NAJA
There's never a crowd when you go that extra mile.
Professional Appraisals in Denver
GG(GIA) ICGA(AGS) NAJA
There's never a crowd when you go that extra mile.
Professional Appraisals in Denver
