DCLA Consumer Guarantee Policy
The mission of the DCLA is to increase consumer confidence in the purchasing of diamonds. A vital component for this confidence is accuracy and transparency in diamond grading. The DCLA grades to the internationally accepted standards set by the International Diamond Council (IDC) and the World Jewellery Confederation (CIBJO). The laboratory employs advanced equipment, accurate reference materials and grading rules and procedures set out by those bodies.
Incorrectly graded diamonds, synthetic and treated diamonds all represent threats to consumer confidence. These threats are eliminated with accurate laboratory grading.
Conflict diamonds, although small in number, represents a significant threat to consumer confidence and the appeal and status of diamonds as the symbol of love. The industry, together with governments and NGO’s, developed the Kimberley Process and put in place a System of Warranties. DCLA subscribes to this System of Warranties.
DCLA Guarantee & Dispute Procedure
Should believe your DCLA certified diamond is not as stated on the corresponding certificate, you may re-submit your diamond to DCLA. The diamond must be loose, and be accompanied by a copy of the retail sales receipt and the original certificate. If after verification that the diamond matches the certificate, the DCLA determines that the grading is incorrect, DCLA will arrange the replacement of your diamond as per the quality stated on your original certificate.*
How will DCLA replace a diamond?
DCLA will arrange the replacement of the diamond through the original jeweller. DCLA will assume the financial responsibility of this replacement. The diamond will be replaced in a reasonable time period subject to availability of the specific quality of diamond. The diamond will be replaced to the satisfaction of the consumer.
Why is a replacement better than a Money Back Guarantee?
Anyone can offer a money back guarantee as there is no cost in merely giving the consumer their own money back. This allows discounters to overstate quality, entice you to purchase at what seems a fantastic discount with no consequences. A replacement guarantee means that if the diamond’s quality was overstated, replacing it with the correct quality would result in a cost to the seller and a potential financial benefit to the consumer. The accuracy and consistency of grading allows DCLA to be the first diamond grading laboratory to offer a full replacement guarantee with confidence.
*CONDITIONS OF THE GUARANTEE:
The guarantee does not cover damage or loss.
The guarantee is rendered void if the diamond has been damaged, repolished, treated or altered in any way subsequent to certification by the DCLA.
This guarantee is not transferable
The consumer must have all relevant purchase documentation including the original sales receipt and the original DCLA certificate.
The guarantee warrants that grades are in accordance with the IDC standards at the time of grading.
The diamond trading floor that gives all diamond buyers direct access to DCLA guaranteed diamonds from Australian diamond dealers.
Tuesday 21 March, 2017
59.6 CARAT VIVID PINK DIAMOND
Sotheby's plans to auction the famous "Pink Star" diamond an internally flawless, fancy vivid pink stone at its sale in Hong Kong on April 4.
Wednesday 8 March, 2017
GIA FINDS SIGNIFICANT UNDISCLOSED SYNTHETICS
The Gemological Institute of America (GIA) recently uncovered an unusually large number of undisclosed synthetic diamonds mixed in with natural melee diamonds, the lab confirmed with Rapaport News on Monday.
Tuesday 21 February, 2017
DE BEERS PROFIT JUMPS AS DIAMOND MARKET STABILISES
Profit more than doubled for De Beers last year as trading conditions in the diamond-manufacturing sector improved and inventory levels stabilized.
Wednesday 14 December, 2016
DCLA DIAMONDS HAS LAUNCHED
Buying a diamond can be a difficult process.
Thursday 17 November, 2016
PINK DIAMOND SELLS FOR $18M AT CHRISTIEâ€™S GENEVA
Christie’s a pink diamond at its Magnificent Jewels auction in Geneva on Tuesday at $2 million per carat.
Wednesday 9 November, 2016
BAIN CAPITAL AND BOW STREET TO ACQUIRED BLUE NILE
In a surprise announcement, online jeweller Blue Nile has entered into an agreement to be acquired by an investor group managed by Bain Capital Private Equity and Bow Street LLC.
Thursday 3 November, 2016
GRAFF SHOWCASES THE GRAFF VENUS
The 118.78 carat type IIa diamond with no fluorescence and an excellent polish and symmetry. Is a record for a heart shape.