Diamond Provenance & Source Initiative (2024)

FAQs

What is diamond provenance? ›

Provenance is a term used to describe the region or countries where a diamond originated.

Yes. Tiffany has a zero-tolerance policy towards conflict diamonds. Tiffany diamonds are responsibly sourced from known mines and suppliers, and the majority of our rough stones come from Botswana, Namibia, South Africa, Russia and Canada.

“Our position is lab-grown diamonds are not a luxury material. We don't see a role for them in a luxury brand. They have their use and they have their place, but I think luxury consumers will continue to desire the rarity and amazing story of natural diamonds.” — Andy Hart, SVP of Tiffany & Co.

Tiffany & Co. is the first global luxury jeweler to offer diamond traceability by sharing the full craftsmanship journey of its newly sourced, individually registered diamonds, which includes disclosing the countries or regions where these diamonds are crafted and set.

The most sought-after diamond certifications include GIA, HRD, and IGI. Having a GIA, HRD, or IGI certificate when you purchase a diamond assures you of its authenticity. It's like a stamp of trust.

Diamonds typically lose between 25 and 50 per cent of their actual worth upon resale due to market fluctuations, the markup on your ring, and the decline in diamond prices.

Tiffany & Co. does not have a general buyback program for its jewelry. However, they do offer an upgrade program for engagement rings. Under this program, you can trade in your Tiffany engagement ring for a new one at least twice the price of your original purchase.

White diamonds are given a color grade of D (colorless) to Z (light yellow). Tiffany only accepts engagement diamonds in the “colorless” and “near colorless” range on a diamond color scale. For engagement diamonds, Tiffany only accepts D, E, F, G, H and I color diamonds.

Lab diamonds cost a lot less than natural diamonds - typically a lab diamond will cost between 60% and 85% less than a natural diamond with identical carat weight and grades.

Jewelers can tell if a diamond is lab grown through various gemological tests. They may use equipment like a DiamondView tester, which relies on a. Additionally, many jewelers work with accredited diamond grading labs who provide documentation, such as grading reports, confirming the origin of the diamond.

Why do jewelers push lab-grown diamonds? ›

While the capital costs for lab-grown diamonds are similar to natural, the supply chain is significantly shorter. Since lab-grown diamonds skip the mining process, they touch less hands along the way – ultimately resulting in a less expensive diamond.

If you've taken a glance over our lab grown diamond guide you'll know that lab diamonds are identical in composition to mined ones, but you'll notice some big differences in price. Despite being just as 'real' as mined diamonds, high quality lab diamonds typically cost 30-40% less.

Unfortunately, bringing your own diamond to be set at a Tiffany Store is not an option. On the other hand, if you've lost a stone, Tiffany & Co. will help you in finding a new one.

Do Jewelers Swap Out Diamonds? Swapping diamonds would be extremely bad for any jeweler's business, and any accredited, independent jeweler will do everything possible to avoid it. This includes only removing your diamond from your ring when absolutely necessary.

Yes. Tiffany has a zero-tolerance policy towards conflict diamonds. Tiffany diamonds are responsibly sourced from known mines and suppliers, and the majority of our rough stones come from Botswana, Namibia, South Africa, Russia and Canada.

Provenance is the documentation of a historical item's origins and travel through time. Photographs, written accounts, receipts and word of mouth all constitute provenance, with “concrete” forms being held in higher regard than colloquial accounts.

Provenance is defined as the “chronology of ownership” and comes from the French translation of provenir, which means, “to come from.” The details of a gemstone's history, its travels, notable owners, and other such verifiable lore can transform even a highly valuable gemstone into something truly extraordinary.

They sparkle, glisten, and always capture attention. Yes, the waters of the Caribbean are enough of a reason to visit but the islands that make up some of the world's top tourist destinations are also a great place to shop for a diamond as stunning as the azure Caribbean Sea.

Simulated diamonds are also known as diamond simulants and include things like cubic zirconia (CZ), moissanite, and YAG. They can also include some natural clear gemstones like white sapphire, white zircon or even clear quartz.