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Hundreds of thousands of diamonds worth billions of dollars have been sold to consumers with over-graded reports over the years. Problematically, many people in the diamond trade believe it is perfectly okay to use third-party diamond grading reports to overstate the color and clarity of the diamonds they sell. From dealers to retailers, an entire industry has emerged based on over-grading.
Find out more in this eBook by Martin Rapaport about the issue of over-grading diamonds and the legal and moral implications for the industry.
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