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IGI offers Colored Stone 'Credit Card' Report

Sees increase in demand for Security Seal packaging

June 16, 2009

New York--Due to increased consumer demand, the International Gemological Institute (IGI) is offering its Colored Stone Report in a convenient credit card size.

The IGI Credit Card Report provides the same degree of verification and analysis as the traditional IGI Report, including identification of a gemstone's species and variety, shape and cutting style, carat weight, measurements, color and other major optical characteristics. Disclosure of enhancements is also noted and clearly states if a stone is natural or synthetic. Upon request, country of origin may be determined.

The report's credit card format affords consumers an added layer of protection through its final lamination process that includes the embedment of an IGI logo hologram, making it more apparent if the report has been tampered with or altered. For retailers, the lamination process protects the IGI report from yellowing if placed in a window display.

As with all IGI reports, the Colored Stone Credit Card Report complies with the Federal Trade Commission's enhancement disclosure rules and regulations.

The IGI is also seeing a rise in demand for its Security Seal packaging option due to the increased popularity of loose stones being purchased online and in retail stores.

Upon request, an IGI-certified stone is sealed in a secure and tamper-proof container, ensuring the contents were last handled by an IGI professional, eliminating the possibility of tampering or replacement. A miniature copy of the IGI Diamond Report is enclosed within the seal (and is visible from the back).

Once the packaging is opened, the IGI Seal will display a chemically-generated pattern, confirming the seal has been broken.

IGI has been sealing stones since its opening in 1975, though the service has primarily been utilized in the institute's European laboratories where loose stones are likely to be shipped across country lines. However, due to the recent rise in consumers purchasing loose stones, both online and at retail counters worldwide, the demand for the service has increased across the board.
 
"As the number of ways to buy fine gemstones continues to increase, so does the potential security risk," IGI President and Chief Executive Officer Jerry Ehrenwald said in a media release. "We at IGI are constantly working to protect our customers by providing verification that one receives exactly what was purchased. The IGI Security Seal does just that."

Established in Antwerp, Belgium, in 1975, the IGI is an independent laboratory for testing and evaluating gemstones and fine jewelry. It is considered an ISO-accredited worldwide organization with locations in Bangkok, Thailand; Dubai, United Arab Emirates; Hong Kong; Kolkata, India; Los Angeles; Mumbai, India; New Delhi, India; New York City; the Seepz Zone, India; Tel Aviv, Israel; Toronto; and Tokyo.

For more information about the IGI, visit its Web site, IGIWorldwide.com.
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