No Reserve Lab Grown Loose Diamonds & Jewelry

1. Introduction Diamond Depot LLC ("Diamond Depot") conducts online auctions and facilitates the sale of consigned items ("Lot" or "Lots"). These Terms and Conditions of Sale ("Terms") govern your use of our website, participation in auctions, and purchases of Lots. By registering, browsing, bidding, or purchasing, you ("Buyer" or "Bidder") acknowledge that you have read, understood, and agree to be bound by these Terms, which may be amended by Diamond Depot without prior notice. It is your responsibility to review these Terms periodically for updates. By using our services, you consent to the collection, use, and processing of certain personal data in accordance with Diamond Depot's separate Private Policy. Diamond Depot employs commercially reasonable security measures to protect your data but cannot guarantee absolute security. 2. General Terms 2.1 Binding Contract Placing a bid constitutes a binding offer to purchase that Lot(s). If you win, you are required to complete the purchase in accordance with these Terms. Cancellations are not permitted except as provided in Section 6.3 (Cancellation Policy). 2.2 Bidder Responsibility You are responsible for verifying the age, size, condition, description, and value of any Lot(s) before placing a bid. Diamond Depot provides item information as a courtesy, but does not guarantee accuracy or completeness. If you make a bidding error or fail to complete a purchase, Diamond Depot may take corrective measures, including suspending bidding privileges, reporting to credit agencies, or pursuing legal collection action. 2.3 Auctioneer Discretion Diamond Depot and its auctioneers maintain full discretion to determine the winning bidder, resolve disputes, set increments, accept or reject bids, and postpone or cancel any auction as necessary. Tie bids, irregular bidding, or technical issues may be addressed at Diamond Depot's sole discretion. 2.4 Auction Errors Diamond Depot reserves the right to cancel a sale due to: - The Lot(s) being unavailable or failing quality control; - Sale below Reserve Price; - Description or clerical error; - Technical malfunction or system failure; or - Suspected fraud or bidding misconduct. 2.5 Withdrawal Diamond Depot may withdraw any Lot(s) at any time before bidding begins, without liability. 3. Invoice Payments 3.1 Invoice Terms Payment is due within forty-eight (48) hours after the auction closes. If any outstanding invoice balance is not paid within fifteen (15) calendar days of the auction's close, the Lot(s) may be forfeited, and the Buyer will remain liable for the full outstanding amount. If an invoice remains unpaid, Diamond Depot may pursue all collection remedies, including referring the balance to a collection agency, reporting to credit bureaus, or initiating legal action. The Buyer will be responsible for all associated costs, including attorney's fees. Additionally, Diamond Depot may dispute the bidder, which may affect the Buyer's ability to participate in future auctions on the platform. Accepted payment methods include PayPal, Visa, MasterCard, American Express, certified checks, and bank wire transfers. Payment processing fees for applicable payment methods (including credit card transactions) are determined and automatically added to invoices by LiveAuctioneers on a uniform basis. All such processing fees, as well as any additional charges imposed by card issuers or payment gateways (such as foreign transaction or cross-border fees), are the sole responsibility of the bidder and will be included in the total invoice balance. For any other form of payment on the LiveAuctioneers platform, please communicate with the LiveAuctioneers customer service for confirmation. Diamond Depot reserves the right to decline specific methods at its discretion. Partial payments are not accepted and Diamond Depot will not reserve or hold any unpaid Lot(s) for less than full payment, unless otherwise specified in writing by Diamond Depot. Payment plans for high-value Lot(s)s may be available upon prior approval by Diamond Depot. 3.2 Buyer's Premium (BP) A Buyer's Premium is added to the hammer price as follows: - 25% on the first $10,000 - 23% from $10,001 to $50,000 - 20% on any amount above $50,000 BP rates may be modified prior to an auction, with notice provided in advance. 3.3 Sales Tax Lot(s) may be subject to applicable state and local sales taxes, which are calculated based on the shipping destination and governing tax laws. Learn more about sales tax here. Buyers who are resellers or tax-exempt entities may submit a valid resale or exemption certificate to prevent sales tax from being applied. Learn how to submit your tax-exempt certificate here. Because LiveAuctioneers collects all payments, including sales tax, Diamond Depot is not responsible for refunding any sales tax. 3.4 International Duties For international orders, Diamond Depot may collect an estimated, refundable deposit for import duties, taxes, tariffs, and insurance. Buyers are responsible for any additional customs charges assessed upon delivery. The deposit shall be refunded to the customer's original form of payment upon presentation of documentation that confirms payment of such fees by the customer. Diamond Depot has sole discretion whether to accept the presented documentation as proof of payment or to request additional information. 3.5 Store Credit Store credits are valid for one (1) year from issuance and may be used for Out-of-Auction Purchases (OOAP) only. Contact support@diamonddepot.com to redeem. 4. Shipping 4.1 Domestic Shipping Diamond Depot provides free standard shipping within the contiguous United States for most items. Do note, shipments to Alaska, Hawaii, Puerto Rico, and U.S. territories are subject to shipping fees. Lot(s) will not ship until all charges are paid. A Lot(s) with unpaid shipping charges shall be considered as unpaid. Unpaid or unclaimed Lot(s) after ninety (90) days may be forfeited at Diamond Depot's discretion. 4.2 Shipping Timeframe Most orders ship within 1-3 weeks after payment. Shipping timelines are estimates only. Delays do not constitute grounds for cancellation or chargebacks. Expedited shipping may be available upon special request at the Buyer's expense. 4.3 International Shipping International shipments are subject to quoted shipping and insurance fees. Diamond Depot insures items for their full value when permitted by carriers but is not responsible for coverage limits. Large, heavy or fragile items cannot be shipped internationally. For any Lot(s) that cannot be shipped internationally, Buyers must arrange freight forwarding through a U.S.-based service. Buyers are ultimately responsible for all import taxes, duties, and brokerage fees. Any non-payments will be subject to the terms set forth in Section 3.1. 4.4 Local Pickup Certain items may be eligible for local pickup by appointment at Diamond Depot's New York City fulfillment center. Eligibility is limited to select small or high-value items (such as diamonds, jewelry, watches, handbags, or accessories) and is determined on a case-by-case basis. The inability of an item to qualify for local pickup does not constitute grounds for cancellation. Intention to pick-up items must be communicated to Diamond Depot Shipping within three (3) business days of payment to shipping@diamonddepot.com. Large, heavy, framed or fragile items are not eligible for pickup. Unclaimed items, including items that have a balance due for whatever reason, after ninety (90) days may be forfeited at Diamond Depot's discretion. 4.5 Unauthorized Returns Returns not pre-approved by Diamond Depot are considered unauthorized, including those due to incorrect addresses, refused deliveries, or unclaimed shipments. Buyers are responsible for reshipping, handling, and storage fees. Failure to pay any outstanding shipping charges or invoice balances will result in an Unauthorized Return. Unauthorized returns unclaimed after ninety (90) days are forfeited, and Buyers remain liable for any balances owed. 4.6 Unclaimed Items Lot(s) remaining unpaid or unclaimed after ninety (90) days may be forfeited at Diamond Depot's discretion. 4.7 Shipping Address Policy If payment is made via bank wire transfer, Diamond Depot may ship to any address requested in writing by the Buyer via email. For payments made by credit or debit card, Diamond Depot is required to ship only to the billing address provided at the time of payment. Buyers who wish to use an alternate shipping address should update their Live Auctioneers profile before completing payment to avoid any delays. If payment has already been submitted and the Buyer wishes to change the shipping address, please email shipping@diamonddepot.com to process a change of shipping address. Such change of address may require a nominal fee to be processed. 4.8 Force Majeure Diamond Depot shall not be liable for any failure or delay in performance, shipping, or fulfillment of an order resulting from acts or circumstances beyond its reasonable control, including but not limited to, acts of God, war, pandemic, government restriction, natural disaster, strikes or failures of transportation or telecommunication infrastructure (Force Majeure Event). 5. Item Descriptions 5.1 "As Is" Sale All Lot(s) are sold "As Is, Where Is," with any faults or imperfections. Descriptions and images are provided for reference only and may not fully represent the Lot(s)'s condition or color. Buyers are encouraged to request additional information before bidding. 5.2 Condition Reports Condition reports are provided as a courtesy and represent Diamond Depot's good-faith opinion of a Lot(s)'s condition at the time of cataloging. They are not guarantees and should not be relied upon as statements of fact. Minor defects, odors, or other imperfections common in pre-owned or vintage items may not be specifically disclosed. Minor surface wear, faint marks, or other age-related signs of use are to be expected and do not constitute a misrepresentation or valid basis for return or chargeback. Buyers should carefully review all the images provided. Photographs are provided to assist in evaluation; however, variations in lighting or monitor settings may cause slight differences in color or appearance. Minor wear, imperfections, or variations due to lighting or photography are not valid reasons for return or chargeback. Any reference to serial numbers, date codes, or unique identifying marks is provided solely to indicate their general placement on the item. The actual number or code on the purchased Lot may vary. Unless otherwise stated in the Lot description, items may not include original boxes, papers, dust bags, authenticity cards, or certificates. The absence of a condition report does not imply the Lot(s) is free of flaws. 5.3 Authenticity Guarantee Diamond Depot offers a 100% Authenticity Guarantee as stated in each Lot(s) description. To submit a claim, Buyers must provide documentation from the manufacturer, an authorized dealer, or a Diamond Depot-approved authenticator. Third-party authentication services for handbags, such as Entrupy, are available at the Buyer's expense. 5.4 Estimates Any price estimates provided in auction listings or by Diamond Depot representatives are for guidance only and do not represent appraisals or actual resale values. Estimates are based on factors such as previous sales, rarity, and market trends. They are not Reserves and do not indicate a minimum selling price. 5.5 Reserves Unless stated as "No Reserve," some Lot(s)s may have confidential minimum prices. Bids below reserve may be rejected. 6. Returns & Refunds 6.1 All Sales Final All sales are final unless otherwise stated in these Terms. 6.2 Restocking Fee Approved returns are subject to a 20% restocking fee on the total purchase price, inclusive of all fees. 6.3 Cancellation Policy Requests to cancel accidental bids must be submitted within 24 hours of placement. Diamond Depot will review each request on a case-by-case basis. Diamond Depot reserves the right to cancel any bid or purchase if fraud or error is suspected. If approved: - Buyers may convert their purchase (excluding fees and taxes) into store credit for OOAP valid for one (1) year, or - Pay the Buyer's Premium to receive a full refund of the purchase price. The refund cannot be initiated until the Buyer's Premium is paid. - Store Credits may only be applied to the Hammer Price on OOAP's. 6.4 Limited Exceptions Returns may be accepted within three (3) days of delivery only if the Lot(s) is significantly misdescribed, such as: - Measurements deviating by over 10%; - Incorrect material, color, or description; - Significant undisclosed damage or misidentification. Minor variations or normal wear of vintage or antique items do not make such items eligible for a return. 6.5 Item Availability Lot(s)s may be listed across multiple sales platforms. If unavailable, Diamond Depot may: - Provide a replacement Lot(s) of equal or greater value, - Issue store credit for OOAP valid for one (1) year, or - Offer a refund at its discretion. 7. Warranties & Liability 7.1 Disclaimer of Warranties Diamond Depot and its consignors expressly disclaim all warranties, whether express or implied, including but not limited to the implied warranties of merchantability, fitness for a particular purpose, and non-infringement. Neither Diamond Depot nor its consignors shall be responsible for any representations regarding the rarity, quality, condition, size, importance, provenance, or historical significance of any Lot(s). 7.2 Statements of Opinion While Diamond Depot representatives make every effort to describe items accurately and in good faith, any statements - whether oral or written - by the auctioneer or any Diamond Depot representative are opinions only and shall not be construed as warranties, guarantees, or factual representations. 7.3 Limitation of Liability Diamond Depot, its vendors, and consignors shall not be liable for any indirect, incidental, special, or consequential damage arising out of or related to any sale, purchase, or use of a Lot(s). The Buyer's sole remedy for any proven claim shall be limited to the return of the purchase price actually paid, in accordance with Diamond Depot's return policies set forth herein. 8. Intellectual Property 8.1 Content All text, photographs, and materials on the Diamond Depot platform are protected by intellectual property laws. No content may be copied, reproduced, or distributed without written authorization from Diamond Depot. 8.2 Copyright Purchase of a Lot(s) does not convey copyright or reproduction rights. 8.3 Image Rights Diamond Depot retains the right to reproduce and display images of sold Lot(s)s for marketing, promotional, or archival purposes. 9. Dispute Resolution All disputes shall be resolved by binding arbitration in New York, New York, under the Commercial Arbitration Rules of the American Arbitration Association (AAA). Proceedings shall be conducted in English before a single arbitrator. The arbitrator may award monetary or injunctive relief but may not award punitive damages. The prevailing party shall be entitled to recover reasonable attorney's fees and arbitration costs. Any award may be entered in a court of competent jurisdiction. 10. Modifications Diamond Depot may revise these Terms at any time without prior notice. Continued use of the website or participation in auctions constitutes acceptance of the updated Terms. 11. General Provisions 11.1 Non-winning Bidders By participating in the auction, non-winning bidders consent to receiving follow-up communications, including marketing materials related to similar Lots available through Bidhaus, MYNT Auctions, and Diamond Depot. Non-winning bidders may opt out of marketing communications at any time. 12. Category-Specific Disclaimers 12.1 Brand Representation Diamond Depot is not affiliated with, nor an authorized dealer of, any brands offered for sale. 12.2 Jewelry Jewelry items may not include appraisals unless expressly stated. When an appraisal is provided, it does not guarantee the stated value, and Diamond Depot is not responsible if another appraiser or jeweler assigns a lower valuation. All replacement values are for reference only and do not represent resale value, market value, or insurance value. Many rings may be resized unless designer-signed or fully set; confirm with customer support. 12.3 Watches Watches are sold without manufacturer warranties. Unless stated, watches may not include original boxes or papers. In the context of watches, there may be certain items that are identified as "After Market" (AM). This notation refers to the fact that there is/are a component(s), part(s), or accessory that was not manufactured by the original brand (OEM - Original Equipment Manufacturer) or supplied by them during the watch's initial assembly or subsequent factory service. It is used to distinguish original, authentic factory components from replacements or additions made by a third party. 12.4 Definition of Out-of-Auction Purchase (OOAP) An Out-of-Auction Purchase (OOAP) refers to any sale of a Lot(s) that is concluded outside of a live or timed auction format, typically through a direct fixed-price listing or a private sale facilitated by Diamond Depot. Unless otherwise agreed in writing, all provisions of these Terms, including the Buyer's Premium (Section 3.2) and Cancellation Provisions (Section 6.3), apply to OOAP. 13. Contact Information For inquiries or further assistance, please contact support@diamonddepot.com.

This auction uses Autopay by LiveAuctioneers. If you place a winning bid, your card will be charged shortly after the conclusion of the auction.

Online purchases from Diamond Depot may be subject to sales tax. Please see the following for more details. If you are tax-exempt, you can submit your tax-exempt certificate to prevent the collection of tax. Learn more about tax-exemption.