Do Costco diamonds come with GIA certificate?

Certifications. When you purchase an article of jewelry with a diamond of less than 1.00ct, you will receive an Article of Description written by one of our Gemologists, with a degree from GIA, detailing your jewelry piece.

Do all diamonds come with a GIA certificate?

Is every diamond a GIA diamond ? No, not all diamonds have been graded by GIA. Although it may seem that way given the sheer quantity of GIA-graded diamonds in the marketplace. This volume is a testament to the trust jewelers and their customers place in GIA's accurate and independent grading services.

Does Costco jewelry come with appraisal?

What comes with an appraisal? Jewelry items containing a 1.00 carat diamond or larger include an IGI appraisal. Jewelry items containing a 1.25 carat diamond or larger include a GIA Diamond Grading Report, in addition to the IGI appraisal.

Is Costco a good place to buy diamond jewelry?

Overall, Costco diamonds are of decent quality and offer great value, as long as they're GIA certified. You can find a ring for 50% less than at other big-name jewelry stores. But compared to online retailers, Costco cannot match their selections, customization, or service.

Can you return diamond jewelry to Costco?

You may return Jewelry purchased on Costco.com for a refund including all shipping and handling fees. There are two ways to return your jewelry: Stop by any Costco location with your item including any IGI and/or GIA certificates provided with your order.

BUYING JEWELRY AT COSTCO..WOW, IT'S ACTUALLY GOOD 😯

Are Costco diamonds natural or lab?

Costco offers our members high quality jewelry at an exceptional value. Our team of GIA Graduate Gemologists inspect every diamond to ensure it meets Costco's strict quality standards. We only sell natural and untreated diamonds.

Can I return jewelry to Costco after 2 years?

Costco has a no-questions-asked return policy, which means you can return any jewelry at any time. As long as the item you bought at Costco was damaged or defective upon purchase, you can get a refund or exchange.

Are Costco diamonds from Tiffany?

But the appeals court said Costco acted in good faith, and that Costco customers were smart enough to realize Tiffany didn't make or endorse the warehouse chain's “Tiffany” rings.

Who sued Costco for selling engagement rings?

Tiffany & Co sued Costco on Thursday to stop the largest U.S. warehouse club chain from selling what it called counterfeit diamond engagement rings bearing the luxury retailer's name.

Is a VS2 diamond good?

Diamonds with a VS2 clarity grade offer you the best balance of beauty and affordability. We think they are the best diamond value. Buying a diamond that has a lower clarity grade but still no eye-visible inclusions will leave more money in your budget to buy a larger, more beautifully cut diamond.

What is Costco's markup on jewelry?

How does Costco sell these at a discount to tony art galleries, premier wine dealers, and luxury jewelers? With millions of members and low overhead, that's how. Costco only charges a 14%-15% markup just like any other item in the wholesaler's inventory, including toilet paper.

How much are diamonds marked up from wholesale to retail?

By the time that diamond reaches the store, expect the jeweler to charge 1.5 to 3 times the original cost.

How much is VS2 diamond?

A good quality 0.5 carat diamond (H, VS2) is around $3,000 per carat. This means the diamond itself would be priced at $1,500 (0.5 * $3,000).

What happens if a diamond is not GIA certified?

There is a common misconception that non-certified diamonds are of lesser quality than certified diamonds. This is not the case though; they are created in exactly the same way. Many jewellers carry non-certified diamonds. They are simply stones that have not been put through formal lab grading.

How can you tell if a diamond is real by GIA?

All GIA reports contain security features such as a hologram, security screen and microprint lines that prevent them from being forged or duplicated.

What is the smallest diamond GIA will certify?

GIA Labs don't certify small diamonds (less than 0.15 pt currently ). The main reason for this is the cost. A ring with 100 diamonds would have 100 certificates!

What is the Costco jewelry scandal?

Costco jewelry theft arrest: Woman accused of switching real diamond rings with fakes. Phoenix police have arrested a woman accused of stealing diamond rings at Costco stores across the Phoenix metropolitan area and swapping them out with fake ones.

What does it mean when they ring the bell at Costco?

What is this? Every time Costco stocks a new batch of freshly cooked rotisserie chickens for your taking, they ring a bell. What is this? Therefore, if you so happen to be walking around Costco shopping and hear a bell ring, make a mad dash over to the deli department to grab yourself a fresh rotisserie chicken.

What are the best fake diamonds?

Moissanite. Currently, the most sought-after fake diamond stone name in the industry is the moissanite. Moissanite has developed a reputation for being the best alternative to natural diamonds since they can rival them in brilliance.

What grade are Costco diamonds?

We guarantee that all diamonds supplied by Costco Wholesale have a clarity to be "VS2" or better and color to be "I" or better as outlined by the industry standard in the Gemological Institute of America (GIA) grading guide.

Are Tiffany diamonds GIA?

Much like the supply chain, Tiffany is holding themselves responsible for all aspects of grading. They say their grading system is similar to the GIA, but with stricter standards. If a stone is borderline on any characteristic, they will go down in grade in order to guarantee the stone is exactly as is stated.

What does a cloudy diamond mean?

A diamond that has not been cleaned for a while can look milky due to a buildup of film and dirt on its facets. Cloudy diamonds can also have diminished transparency from inclusions or other characteristics intrinsic to the crystal from which they are cut.

Can I return something I bought 3 years ago at Costco?

Pretty much everything in the warehouse is returnable with no time limit. No questions asked. This guarantee also includes your Costco membership. You have 364 days from the date you sign-up to try out the membership and see if it works for you.

What items does Costco not return?

Cigarettes and alcohol: Costco does not accept returns on cigarettes or alcohol where prohibited by law. Products with a limited useful life expectancy, such as tires and batteries, may be sold with a product-specific limited warranty.

How strict is Costco with returns?

With few exceptions, Costco has a 100% satisfaction guarantee. Simply bring the product to any Costco warehouse and our Member Services Team will be happy to assist you*. It helps if you have the receipt or original product packaging, but it may not be necessary to process your return.