Two diamonds of the same size may appear identical to the naked eye. However, they each could have a very different value upon closer examination.
The globally accepted standards for a diamond's evaluation were developed by GIA (Gemological Institute of America) in 1953 in an effort to create a uniform language in which anyone around the world could communicate when describing the quality and properties of a diamond.
These standards are known as the 4Cs: Colour, Clarity, Cut and Carat.