The American Gem Society (AGS) and GIA (Gemological Institute of America) will dramatically advance their long-standing collaboration in pursuit of their shared client safety missions. GIA will create an endowment to assist AGS and its membership by way of schooling and credentialing, furthering the Society’s efforts to develop the subsequent generations of educated, moral skilled jewelers and trade leaders. The sibling nonprofit organizations, each based by Robert M. and Beatrice Shipley within the Nineteen Thirties, will mix their gemological analysis efforts, integrating AGS Laboratories’ distinctive experience, mental property and expertise to develop new GIA services to guard customers and assist the commerce.

“This consequential settlement brings AGS and GIA even nearer, driving our future with 90 years of shared historical past and elevating our founders’ imaginative and prescient,” mentioned AGS CEO Katherine Bodoh. “AGS and GIA every have their distinctive perspective and experience, and a steadfast deal with advancing ethics, requirements and schooling within the gem and jewellery trade.”

“By harnessing one another’s strengths to maneuver ahead boldly, customers will likely be higher protected and we are going to make sure the longevity of the Shipleys’ imaginative and prescient,” mentioned GIA President and CEO Susan Jacques. “I wish to thank the AGS Worldwide Board of Administrators and the GIA Board of Governors for supporting this new section within the shut relationship between our two organizations.”

The strategic collaboration between GIA and AGS will assist advance the Society’s retailer packages and assist extra member schooling on the annual AGS Conclave and all year long. “With this thrilling development, AGS will deal with our core mission and actions, enhancing advantages and providers to ship elevated worth to our members and their clients as our trade evolves,” mentioned Bodoh.

The AGS Laboratories analysis workers, mental property, expertise and Las Vegas facility will combine into GIA. The mixed analysis group will develop modern services to enhance how customers and the commerce perceive and recognize diamonds, together with mild efficiency analysis and a science-based fancy reduce grade commonplace.

Recognizing the numerous contributions of AGS Laboratories to the trade and client belief, the AGS Very best^® Report will likely be out there from GIA as a digital-only complement to GIA diamond experiences for eligible D-to-Z pure and laboratory-grown spherical sensible and fancy form diamonds. The AGS Very best Report complement could have a further price of US$25. GIA shoppers will be capable of request the supplemental experiences starting in January 2023. Additional particulars in regards to the supplemental AGS Very best Report^® from GIA will likely be out there quickly.

AGS Laboratories will proceed to supply providers till the tip of 2022. AGS Laboratories will contact shoppers with particulars of the transition.