IGI to Open within DDC

The International Gemological Institute (IGI) announced on Wednesday that it will be the first independent gemological institute to open an office within the Diamond Dealers Club (DDC) Bourse, in New York. The office is due to open in March.

The lab promises that DDC members will receive an independent diamond grading report for loose diamonds within three to four business days. 

IGI president and CEO Jerry Ehrenwald, G.G., ASA, said, “This is the first time an independent gemological institute has been afforded the opportunity to serve the many members of the diamond and manufacturing community directly in the heart of New York’s active diamond bourse that attracts diamond traders throughout the world.  We at IGI look forward to serving the diamond industry in all its facets.”

DDC President Jacob Banda said, “We are pleased that IGI will be offering its valuable grading services to our members.”

The IGI was established in 1975 and is located in New York City, Antwerp, Toronto, Los Angeles, Bangkok, Mumbai, Tokyo, Dubai and Hong Kong. It is International Organization for Standardization (ISO) 9001:2000 certified in the U.S., Canada, India and the United Arab Emirates (Dubai).

Established in 1931, the DDC is a member of the World Federation of Diamond Bourses. The DDC’s nearly 2,000 members come from across the Unites States, Europe, Japan, India, South Africa and Israel. The headquarters of the DDC are located in the heart of the diamond district at 580 Fifth Avenue and 47th Street.