Since every step of the tracking process is audited, this incurs extra cost.
These costs are often passed on to the customers. To some people, the higher price tag is justified because they know that the diamond is mined as ethically as possible. The retailer makes that decision.
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However, this belief is just due to great marketing. They’re not physically any different than other diamonds.
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A diamond’s quality and value is determined by its 4Cs (cut, carat, color, and clarity)-NOT by origin.
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As for a diamond’s beauty, this mainly comes down to the cut. No matter where the diamond comes from, its final beauty will depend on the skill of the cutter. A well-cut diamond will reflect more light, and, therefore, appear brighter and more beautiful. On the other hand, a poorly cut diamond will appear dull.
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How can you really be sure that your diamond is from Canada? A true Canadian diamond should have:
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– Certificate of Origin
– Unique Diamond Identification Number
– Laser Inscription
– Independent Grading Report (such as from GIA)
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The unique serial number allows you to trace the diamond’s entire journey from the mine to the retailer. Every step of the way should be tracked and audited.
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Did you know? Diamonds are certified as Canadian as long as they’re mined from Canada. But they don’t need to be cut in Canada.
There are several certification programs that verify authentic Canadian diamonds, including:
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Canadian Diamond Code of Conduct
Sets a standard for the handling, packaging, storage, and marking of diamonds from the point they leave the mine.
Canadamark
GNWT Diamond Certification Program
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Note that these programs only guarantee the origin of the diamond. They’re not a guarantee of quality.
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Brilliant Earth They source their diamonds from mines with fair wages and without human rights issues.
This is a great retailer if you’re looking to custom design a ring with a loose diamond and setting.
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If you are a truly socially conscious shopper (and that’s great!), there are other options for ethical diamonds.
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Canada isn’t the only country with more socially responsible mining.
Lab-created Diamonds They’re environmentally friendly. As a bonus, they often cost less than mined diamonds. Are made in safe labs with fair wages.
Brilliant Earth It also has large selections of lab-created diamonds and recycled diamonds.
Bottom Line
Whether it’s right for you depends on your personal values. If this is something really close to your heart, you may feel the higher price tag is justified. No matter the origin, a diamond’s quality depends on the grading. So if your main goal is to get the best diamond possible on your budget, then it‘s silly to pay more for origin.
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About CreditDonkey
CreditDonkey is a diamond jeweler comparison website. CreditDonkey does not include all companies or all offers that may be available in the marketplace. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). We publish data-driven analysis to help you save money & make savvy decisions.