IDEX Online Poll: GIA Should Do a Recall of Certificates

The GIA lawsuit and the recent news that it has laid off four employees at its lab has caused a big stir in the industry. Based on the results of the IDEX Online weekly poll, a majority feels that the GIA should do a recall of certificates, in a manner similar to what car companies do when they discover a problem.

57 percent of respondents to the IDEX Online poll asking “Do you think the GIA should do a recall of certificates?” said this week “Definitely, in order to secure their reputation”.

But a quarter of all respondents feel it would be a mistake to do a recall, answering “No, it will damage both the GIA and the industry reputation”.

Apparently the issue, while being a hot discussion topic in the market – take a peek at our news forum for some recent reactions – left some undecided on what should be done. 19 percent of respondents selected the “I don’t know” option.

Join our ongoing market research as the IDEX Online poll asks, “In white polished diamonds of up to 1.00 ct, which purity is most in demand?”