canadian gemological

FAQS

DO YOU SELL DIAMONDS?

Yes we do! All our diamonds are G.I.A. and Gemscan Certified. We also certify stones!

HOW DO YOU PRICE DIAMONDS?

Many people are confused about how diamonds are priced. The best explanation is that asking for the price of a diamond is like asking for the price of a house. A real estate agent can’t quote you a price for a house without knowing its size, condition, location, etc. This process is the same one used when buying a diamond. A diamond’s beauty, rarity, and price depend on the interplay of all the 4Cs:  Carat,  ClarityColour and Cut.

The 4Cs are used throughout the world to classify the rarity of diamonds. Diamonds with the combination of the highest 4C ratings are more rare and, consequently, more expensive. No one C is more important than another in terms of beauty and it is important to note that each of the 4Cs will not diminish in value over time.

Once you have established those 4C characteristics that are most important to you, a jeweller can then begin to show you various options with quoted prices.

WHAT IS CONFLICT-FREE DIAMONDS?

Conflict-free diamonds are those gems which were not obtained in association with human rights abuses, child labor, violence, or environmental degradation. Although the United Nation’s Kimberley Process only covers diamonds under the control of legitimate and recognized governments, conflict-free goes one step further by rejecting diamonds from governments that trade in diamonds to bankroll their conflicts.

WHAT IS A JEWELLERY APPRAISAL?

An appraisal is a written professional opinion as to the authenticity, quality, design and estimated value of a piece of jewellery. Since it is an opinion, backed and supported by education, training, equipment and experience, it is important to understand that there can be honest variations between competent appraisers.

WHY CHOOSE CGIDLABS TO APPRAISE YOUR JEWELLERY ?

Our Gemologist/ Appraiser at Canadian Gemological Identification Labs in Toronto have been appraising, identifying and valuating gemstones and jewellery with highly sophisticated machines. 

We promise a consistent, unbiased, and professional opinion every time you appraise your jewellery with us. We believe in maintaining our great reputation by guaranteeing the highest standard of quality service.

WHY SHOULD YOU HAVE YOUR JEWELLERY APPRAISED?

The most common reasons for obtaining an appraisal are:

  • Insurance purposes, against loss, damage, or theft. Updates are recommended every 3 to 5 years.
  • To confirm the quality of new purchase
  • To confirm the value of any purchase
  • To find out the appreciated value of present jewellery
  • Identification of stones and authenticity of metals
  • International travel purposes (U.S. and Canada Customs)

​WHO IS QUALIFIED TO APPRAISE YOUR JEWELLERY?

The Gemologist - a professional who has had extensive gemological training and has passed intensive written and practical examinations to obtain his/her degree.

Here at Canadian Gemological Identification Labs, The gemologist/appraiser in our Toronto location has Appraised over 1000 appraisals. We have the experience and knowledge in evaluating gems and jewellery based on accurate information from the marketplace ie. pricelists, trade publications, etc. 

Our gemologist must constantly keep current with the ever changing gemological technologies and market developments. He must be using modern techniques and equipment in order to conduct his tasks.

CAN I DROP-BY NOW TO GET AN APPRAISAL?

There are others with scheduled appointments and you would be walking in on their time. Please call (647)-991-3459, we will gladly make an appointment to suit your schedule.

DO I HAVE TO LEAVE MY JEWELLERY WITH YOU?

You are welcome to watch us work on your jewellery from our viewing area, this way you can be at ease that your jewellery never leaves your sight. You have the option to drop off your items to be appraised, but we recommend that you wait until our services are completed.

HOW OFTEN DO I HAVE TO APPRAISE MY JEWELLERY ?

We recommend that you update your appraisal every three to five years, depending on the supply and demand of your gemstone, its size and its quality. As prices change within time.

HOW TO MAKE AN INSURANCE CLAIM?

  1. Contact your agent or insurance company to inform them of the loss or damage.
  2. Have your insurance adjuster contact US and get in touch with the appraiser, to further assist in proper replacement of the item(s).
  3. Ensure the replaced piece is comparable to the original item by bringing it and the original appraisal to the gemologist/appraiser for confirmation.

Real-Time Prices

Contact Info

Phone: 647-991-3459

Address

221 Victoria Street, Suite 316
Toronto, ON
Canada
M5B 1T9