Diamond Commission of this organization decided to put forward a proposal that from now on the definition of diamond within CIBJO would have the following addition: "Diamond is a mineral that was completely formed without human interference . Subsequently, it can be subjected to faceting and polishing. "
CIBJO's position is that diamonds that are sold without any qualifying definition can be considered as being formed in nature.
The Diamond Commission meeting, followed by a comprehensive seminar on synthetic diamonds, was organized by the President of the Diamond Commission, Udi Sheintal.
In this regard, synthetic diamonds should be declared as such. Article 3.7 of the Diamond Book of CIBJO states: "The fact that a synthetic diamond is fully or partially synthetic is subject to disclosure. To describe synthetic diamonds, only the terms "synthetic", "created in the laboratory" or "grown in the laboratory" should be used, and these terms must also be clearly and immediately preceded by the word "diamond".
The Commission also considered the issue of amending the Blue Book on colored diamonds, as they are becoming increasingly popular for investment purposes and their description should now be indicated in the diamond book.
Deputy Chairman of the Diamond Commission, Harry Levy (Harry Levy) explained that the terms relating to the color shades of colored diamonds are not universally recognized and understandable. "Consequently, there is no price list or guide for buyers as to how much they have to pay. We have heard complaints that the size of the profit reaches tenfold. Putting an order in this matter will help create a price list, "he said.
The commission also considered the question of customs tariffs, when officials use the same tariff for natural and synthetic stones, since there is no separate tariff for synthetics. "This could theoretically lead to a situation where they can state that natural and synthetic stones are the same, since the customs fee for both is the same," Levy explained.
The President of the Diamond Commission, Udi Scheintal, informed the delegates that the members of the Steering Committee had decided to change the name of the "Blue Book" and call it the "Diamond Book", and this proposal was accepted.
Shaintal said that the terms "ennobled diamonds" and "ennobled" will remain in this book.