GIA Cuts Prices 10% Amid Market Slowdown
Posted: Mon Jul 22, 2019 8:32 pm
Although the reason they give for the slowdown is certainly plausible, I had to chuckle wondering if people starting to read the fine print that says they're not liable for any errors in their reports has anything to do with it.
GIA Cuts Prices 10% Amid Market Slowdown
Jul 16, 2019 5:07 AM By Joshua Freedman
"RAPAPORT... The Gemological Institute of America (GIA) has temporarily reduced grading fees for certain smaller diamonds after recording a drop in submissions during the recent industry slump.
The organization is slashing prices of reports by 10% for polished weighing from 0.30 to 0.49 carats until October 15, the GIA said in a letter to clients last week, seen by Rapaport News.
“Right now, GIA is issuing fewer laboratory reports than normal because the industry is ... "
https://www.diamonds.net/News/NewsItem. ... 2bSlowdown
GIA Cuts Prices 10% Amid Market Slowdown
Jul 16, 2019 5:07 AM By Joshua Freedman
"RAPAPORT... The Gemological Institute of America (GIA) has temporarily reduced grading fees for certain smaller diamonds after recording a drop in submissions during the recent industry slump.
The organization is slashing prices of reports by 10% for polished weighing from 0.30 to 0.49 carats until October 15, the GIA said in a letter to clients last week, seen by Rapaport News.
“Right now, GIA is issuing fewer laboratory reports than normal because the industry is ... "
https://www.diamonds.net/News/NewsItem. ... 2bSlowdown