- Joined
- Jul 21, 2004
- Messages
- 9,156
Yes, it’s too optimistic. AGSL is going out of business. AGS is recovering some semblance of value on all the money they’ve invested by licensing with GIA. GIA is dancing on their grave.
I think this is good for consumers in that if this works the way I think it will, it will have the effect of segmenting the overly broad GIA Ex category and highlighting those stones in the sweet spot. Which will mitigate the complaints about the system as being too broad and forgiving.
It may even have the effect of encouraging more cutters to aim for the center instead of the margins.
GIA's reach could enable the AGS Light Performance system to finally penetrate more deeply.
It may also be a quantum leap into cut grading of fancies which GIA has long said was coming. But a 2D parameter based system was never going to be practical.
Too optimistic??
I wonder if you'll be able to get the supplemental AGS light performance report on GIA stones graded before 2023. It's purely based on the Sarine scans now, and GIA has been doing and saving those scans since at least 2006. There's quite a bit of potential revenue out there for this.
Yes, it’s too optimistic. AGSL is going out of business. AGS is recovering some semblance of value on all the money they’ve invested by licensing with GIA. GIA is dancing on their grave.
For the record, I am NOT happy that AGSL is closing down. Primarily for the people who will be losing their jobs. It is also going to be a hardship for our business as we transition to a new normal. But I think it has the potential to be very good for consumers. If GIA puts what AGSL has developed to good purposes it will be.
Wow, this will be so interesting! I can see a company like Whiteflash automatically adding the AGS cut grade to their certs, but will Blue Nile and James Allen and other vendors? For years, your average consumer has assumed that GIA excellent is just that…excellent. I hope that more consumers learn about the importance of cut and insist on the extra AGS cut grade report.
It will be nice to see no more of the “AGS is soft on color” comments!
I wonder if you'll be able to get the supplemental AGS light performance report on GIA stones graded before 2023. It's purely based on the Sarine scans now, and GIA has been doing and saving those scans since at least 2006. There's quite a bit of potential revenue out there for this.
I wonder if you'll be able to get the supplemental AGS light performance report on GIA stones graded before 2023. It's purely based on the Sarine scans now, and GIA has been doing and saving those scans since at least 2006. There's quite a bit of potential revenue out there for this.
Nonsense to them all distracts. GIA can charge $25 for not one bit of work. All totally automated.What people on other forums are talking about is if GIA will phase out the light performance add-on after several years. I hope not, but other people who don't think light performance matters are predicting it will happen. However I suspect another lab (GCAL might be best positioned for this?) would then gain whatever small market share IS interested in that.
I doubt that would happen, but it wouldn't make that much difference to me. When you look at big vendors like BN, JA, etc, they don't carry many AGS stones anyway. Vendors such as Whiteflash and Victor Canera provide their own actual light return images that are more meaningful to me than a computer generated one on an AGS report. So I really don't care if a superideal vendor has their stones GIA graded if they continue to provide the ASET, hearts, and idealscope images.What people on other forums are talking about is if GIA will phase out the light performance add-on after several years. I hope not, but other people who don't think light performance matters are predicting it will happen. However I suspect another lab (GCAL might be best positioned for this?) would then gain whatever small market share IS interested in that.
I hope you are correct in your optimism as it will be the only system to use for many of us. I can’t help but wonder about the impact on the many already GIA graded stones that have received the excellent cut grade. Good for color/clarity but with no reason for many to resubmit for light performance as they wouldn’t receive that ideal grade. I wonder how that will affect pricing? Guess this will all take some time to sort out and we will wait to see how it settles.
I wonder if you'll be able to get the supplemental AGS light performance report on GIA stones graded before 2023. It's purely based on the Sarine scans now, and GIA has been doing and saving those scans since at least 2006. There's quite a bit of potential revenue out there for this.
@Garry H (Cut Nut) paul from jannpaul has spoken very highly of you in my direct conversation with him, he said you and wink inspired his work 20 years ago and he regards you as his mentor
GIA recently announced that they are going to all digital reports starting in January with dossiers. I believe they will stop issuing paper reports altogether by the end of next year.I was wondering about this - I don’t want to have to unmount my stone to get the additional report (which, btw, will all be digital).
Always Look On The Bright Side Of Life, da da da daadada.
This can improve round diamond cut quality because the AGS 0 standard (that I agree with 80% vs GIA X 20%) may well be applied to 100 times more diamonds than they ever could as the tiny lab in Vegas.
An added premium can change what manufacturers decide to cut.
You can have a XXX or an XOXX
(Or an XXX0 or an 0XXX)
My head is spinning.
So how is this going to work?… all the 3x stones (like those so often rejected here) can get the additional report that will reveal the stone is not excellent after all.
So 3x will officially mean nothing (not just here in PS).
Is this the only way GIA can save face and move into the future and beyond their flawed cut grading system?
I just don’t understand what will happen when the crappy 3x stones get the additional reports that reveals the stone is not excellent at all.
Will this be available only to stones going in for grading?… or can you order the extra report for stones that already have a GIA report?
Jewelers will never order the extra light return report on poorly cut stones. They will sell most GIA Ex cut stones with the exact same type of report they do now. Only the very best cut stones will have the added light return report to add value to them. As it is now, I don't even pay attention to the light return image on the AGS report. I look at the vendor actual light return images.
Not that I know anything whatsoever, but I cannot see how they could offer light return reports on stones graded in the past. Stones today wouldn't necessarily be in the same condition as when originally graded. To me, those computer generated images are not nearly as valuable as an actual ASET and Idealscope image anyway.