(PRESS RELEASE) NEW YORK —The International Gemological Institute (IGI), the world’s largest independent gemological laboratory, working in tandem with Lindsey Scoggins Studio, now offers a Designer Jewelry Appraisal Report, which provides clientele assurance of the value of their fine jewelry. With more insurance companies requiring third-party appraisals for pieces of higher value, it is an important time for designers to have the capability to provide these independent reports.
As the first designer in the industry to provide such an appraisal, Lindsey Scoggins Studio wanted to ensure clients could easily insure their jewelry. Another catalyst for the collaboration was Lindsey’s desire to have all of her completed designs screened for lab grown diamonds to confirm the pieces were wholly natural. As a large number of lab grown diamonds are grown by natural diamond companies, she wanted to make certain that none were inadvertently set in her jewelry.
“We partnered with IGI because the Institute provides comprehensive appraisals of finished jewelry at scale, it has the proper equipment and knowledge to screen for lab grown diamonds, and provides a consistently high standard of grading and evaluation,” said designer Lindsey Scoggins. “As every customer should have confidence in what they are buying, our Studio will now provide an IGI Designer Appraisal Report with every signature LSS engagement ring at no cost.”
The Institute screens millions of carats of small diamonds, separating natural from lab grown on behalf of industry leading brands. As natural miners and producers continue to launch their own lab grown factories, IGI’s screening is even more critical to prevent inadvertent crossover and use in finished jewelry.
“While experienced gemologists may detect some lab grown indicators at low colors and clarities, the Institute’s sophisticated laboratory equipment will effectively confirm whether any diamond is lab grown or natural,” explained IGI North American President Avi Levy. “As the world leader in gemological grading, when ‘natural’ or ‘lab grown’ is printed on the official IGI Designer Appraisal Report, consumers can be absolutely confident in their purchases.”
Lindsey Scoggins Studio and the Institute understand the importance of supporting all sides of the purchasing process. By holding the supply chain accountable and emphasizing instilled trust with clients, the sector as a whole benefits when independent designer appraisal reports are provided with every sale.
To learn more about IGI and its offerings, visit www.igi.org and gemblog.igi.org.