Everything you need to know about a natural diamond before ordering an engagement ring. We will talk briefly about the 4C system, perfected in the 1950s by the Gemological Institute of America (GIA), accepted worldwide by both gemologists and investors. This system represents the four essential characteristics of diamonds: weight (carat), color, clarity and cut (cut). The most important thing is to understand how these 4Cs influence the quality and value of diamonds.