The seller- lists all the quality’s they know about their stone/jewelry in an easy to use format and a listings posted. After this there are two options:
1- You ship the Diamond/jewelry to us in an insured box where we can examine & verify all information. Once there is a buyer, funds get immediately transferred to you (best option for the quickest way to receive your money once a sale is made)
***** This method is mandatory for all large diamonds as we need to get each diamond verified by GIA. This can also help you adjust your listing based upon the true grading of your diamond******
2- You can wait until there is a buyer then the Piece is shipped to us for verification. Once it is verified the funds will be released to you. (Best way if you are uncomfortable with parting with your jewelry until there is a buyer.)
We can give you a suggested fair selling price, but the seller is allowed to list at any price
A buyer can purchase for your price or they can send in a bid for your approval. If you approve the transaction will be made, if you deny your item will remain listed at your price.
***Reminder if you have an appraisal**** most appraisals are made at retail value, this is for mostly insurance and tax purposes, our fair-market resell value would be based on market conditions to reflect a more accurate appraisal.
The Buyer- Its easy, you can just scroll through our full list of stones on our diamonds page or jewelry on our jewelry page for sale.
Once you see something you like you just can:
- Purchase at the listed price (best option if you really like something and don’t want to lose out on a piece)
- send in a bid of what you would like to pay and the seller can accept or deny (the piece will remain listed as the seller reviews your proposal, so if someone purchases for listing price they have priority)
** don’t like the mounting your diamond is in or are buying a loose diamond? After purchase you can choose from a wide catalog of designs and have your new stone mounted up. You can even do this in advance and save your design so that when you find your perfect stone you have your mounting ready to go. We even give you the option of sending us a picture of a mounting you like and if we can match it up we will create it for you
**** need an alteration to a piece (sizing, plating, etc)? Since its coming to our factory anyway, for a small charge, we can make all alterations necessary. All you have to do is indicate which alterations you would like on checkout.
Important thing to remember-
Once someone purchases for listing price or a bid is accepted the sale is final
We will hold all funds and transfer the money only after the piece is verified that it matches what was posted.
If any piece needs to be altered to make it match the listing or if there is a critical defect to the effectiveness of the piece that is not posted on the listing we will do this repair and charge the seller to make the piece match the posting.
This includes but is not limited to:
- missing components
- There are no fees to be paid until a sale is made
- Once a sale is made a percentage will be automatically deducted based on the scale below
- There is a flat 2% admin fee to the buyer
Transaction ValueUp to $5,000Seller Fees22%
Transaction Value$5,001 - $50,000Seller Fees15%
Transaction Value$50,001 - $250,000Seller Fees10%
Transaction Value$250,001 AboveSeller Fees5%