Jewelry Education

Diamonds Glossary

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AGS

Acronym for American Gem Society, a highly respected independent gemological laboratory founded in 1934, whose expert gemologists grade diamond quality and provide a Grading Report along with each stone they grade. The American Gem Society has its own rating scale for a diamond's cut.

AGS Cut Grading Scale

0 Ideal
1 Excellent
2 Very Good
3, 4 Good
5, 6, 7 Fair
8, 9, 10 Poor

Appraisal

An appraisal is a written estimate of the approximate retail replacement value of diamond jewelry, which may be used for insurance coverage or other purposes. It is not the same as a grading report, which evaluates a diamond's characteristics (such as cut, clarity, carat, symmetry, etc.). Grading reports do not provide any suggestion of monetary value, only quality.