How We Buy Diamonds
We buy statistical samples of all diamonds from established vendors, for a regulated commodity using an audited price discovery process.
Yes, It's Different.
We Buy or Bid Automatically
Upload diamonds, with a price for immediate, COD delivery. Some diamonds we buy at your price, and for others, we make a bid. We buy statistical samples of all diamonds, and our system automatically adjusts our bids. If you accept our bid, we instantly send you a purchase order. We always pay COD after GIA confirmation.
You Deliver Locally
You deliver the diamonds to your GIA Lab by the end of the next business day. They inspect diamonds for us, to confirm that they match the GIA Report. At prices under $800/ct, we buy ungraded diamonds, based on your assertion of quality, and the GIA grades them for us. We pay more for graded diamonds, and ones already in the USA.
COD, No Returns
Once the GIA confirms your diamonds, we pay in full by bank wire. For uncertified diamonds, we pay after grading. Your diamonds must match the quality you asserted.
We buy diamonds based on the GIA grading report and the price, and never reject a diamond that matches the cert.
Millions of Diamond Types
We buy natural diamonds, round shape, 0.23 to 0.75 carats (1.99 ct soon), D to L Color, Flawless to SI2 Clarity, Excellent to VG Cut, Excellent to Good Polish, Excellent to Good Symmetry, None to Light Milky, None to Strong Blue Fluorescence.
GIA Grading: Diamonds above $800/ct must be GIA certified (any location, any year). We do not need the printed GIA paperwork. For diamonds below $800/ct, we buy ungraded diamonds based on a quality you assert, and have those diamonds graded by the GIA. We pay more for diamonds already GIA graded.
We buy thousands of diamonds from hundreds of vendors daily, based strictly on their GIA grades and price. We automatically adjust our prices, and don't negotiate individual purchases. Throughout the day, as we need a smaller number of specific diamonds, we are more likely to accept your asking price. Our market making system automatically raises our bids to fulfill our statistical sampling requirements. If you hold out, we will likely pay more, but then again, another vendor might offer similar stones and we won't need yours.