GIA lab opens in Israel

The opening of GIA’s (Gemological Institute of America) diamond grading laboratory in the diamond centre in Tel Aviv, Israel, took place in a grand ceremony hosted by the Israel Diamond Institute (IDI) and The Israel Diamond Manufacturing Association (IsDMA). Minister of Foreign Affairs and Deputy Prime Minister Mr. Avigdor Liberman was present to commemorate the opening of the lab. He added that, “Israel is a world leader in diamonds, one of our principal industrial exports. The U.S. is our largest market for polished diamonds. A GIA lab in Israel’s diamond center enables us to better meet the needs of this market.”

“Opening a GIA grading laboratory in Israel – one of the most important countries in the global diamond trade – is a proud achievement for GIA,” said Donna Baker, GIA president and CEO. “On behalf of everyone at GIA I am honored that we will now serve the Israeli diamond community close to their home here in Ramat Gan.”

The new lab began accepting diamonds for grading directly from clients since September 4, 2012. This new lab will initially focus on diamond grading and instituting a unique and innovative reservation system for the direct submission of stones. To begin with, the services will include Diamond Dossier® and Diamond Grading Report for colorless diamonds up to 2.99 cts. Related secondary services that meet the immediate needs of the local market – including re-examination, updates and verification – will also be offered. Additional services may be added at a later date. With the introduction of the reservation system for direct submission, clients submitting stones to GIA in Israel will be able schedule drop-off and pick-up appointments. They will also be able to monitor the progress of their services online. If reservations are not available, clients will be able to submit stones through GIA LabDirect consolidators who will provide take-in services. Consolidators will also take in diamonds larger than 2.99 carats, fancy color diamonds, colored gemstones and pearls.

"The opening of the GIA facility is of major significance to the Israeli Diamond Industry and advances our position as a global diamond trading hub” said Moti Ganz, Chairman of IDI.Avraham (Bumi) Traub, President of IsDMA, said, “Having a GIA lab facility on-site in Israel will save the diamond trade both precious time and costs.”.

The Israel laboratory stretches GIA’s laboratory reach to eight facilirties across the globe.