What is EGL?
The European Gemological Laboratory (EGL) is an independent organization that evaluates and certifies diamonds and other gemstones. Founded in Belgium in 1974, EGL has expanded its services to several countries worldwide, including the United States, Canada, Israel, and South Africa.
EGL's role in the diamond industry
EGL provides diamond grading reports that includes information on the diamond's cut, clarity, color, carat weight, and other relevant characteristics. The EGL report also includes a unique identification number, the diamond's measurements, and any additional observations or comments about the stone's quality.
However, it is important to note that EGL grading standards are often considered more lenient than other major grading organizations such as GIA or AGS. This means that a diamond with an EGL certificate may be graded higher than it would be by other organizations, leading to potential discrepancies in diamond pricing and value.
It is recommended to carefully consider the grading organization and their reputation when purchasing a diamond, as well as seeking the advice of a professional jeweler or gemologist.