PAYMENT

Thank you for your participation in the Laboratory Grown Diamond Exchange. Please find information regarding payment and shipment below.

PAYMENT

Payment is accepted by bank wire transfer, cash, cheque, money order, credit cards (Amex/Visa/MC), and Paypal.

All payments must be made in US Dollars.

Please pay only the total amount due shown on this invoice, including sales tax if applicable. Payment for standard overnight insured shipment will be added to your invoice.

Payment must be received within 7 days of the invoice date.

To pay by bank wire transfer, please use the following account information:

Account Number: 356118320

Account Name: Laboratory Grown Diamond Exchange

Account Address: 20 West 47th Street, Suite 1501 New York, NY 10036

Bank Name: JP Morgan Chase

Bank ABA Routing Number: 021000021

Bank Address: 270 Park Avenue, New York, NY

Please reference the invoice number or lot number(s) in the bank transfer

To pay by cheque or money order, please make payable to Laboratory Grown Diamond Exchange and send to:

Laboratory Grown Diamond Exchange

20 West 47th Street, Suite 1501

New York, NY 10036

To pay by credit card:
  1. To pay by credit card you may use AMEX, MC or VISA.
  2. To pay by PayPal, please send the payment to info@lgdex.org, or inform us to send you a PayPal money request.
  3. For payments by credit card or PayPal, the maximum amount on which payments are accepted is $5,000, and a 3% surcharge to the entire purchase price, including buyer's premium and any other charges, is added to the invoice.
  4. We reserve the right to require payment by methods other than credit card or PayPal for any reason.

SHIPMENT

All items must be paid for before they can be released.

Shipments to both domestic and international locations are arranged for by the Exchange.

All shipping, handling and insurance costs are paid for by the recipient. The recipient will choose which overnight carrier is to be used.

TAXES AND DUTIES

We are required to collect New York State and City Sales Tax of 8.875% on the total purchase price including buyer's premium for any purchases picked up or delivered in New York State.

If your items are being picked up by a shipper and sent directly outside of the U.S.A., or to another state within the U.S., we do not collect sales tax. You are responsible for paying any applicable sales taxes, VAT, or customs duties to your own country or state.

If a private individual or purchaser picks up item(s) in person, Laboratory Grown Diamond Exchange is required to charge sales tax unless that person has a valid certificate of authority from New York or their own state/jurisdiction with a registration number, allowing them to collect sales tax and purchase items for resale. In this case, we require the purchaser to fill out ST-120, the New York State Resale Certificate form. This form can be filled out in person, or we can email it to you beforehand.

Laboratory Grown Diamond Exchange FEES AND SERVICES

Fees
  1. Upon a consummated sale, a 2 ½ % transaction fee is paid by both the buyer and seller on the total purchase plus sales tax.
  2. Packing, shipping services and insurance coverage are available through the Exchange. Packaging is $5 per article. Standard overnight shipping and insurance costs are passed on to the recipient. Recipient may choose overnight carrier.
  3. Gemological confirmation of identification of product by Laboratory Grown Diamond Exchange’s gemologists is $15 for each loose stone; $25 for each article of jewelry. (Optional)
  4. Jewelry identification reports are available thru Gemological Labs. The costs for these reports are passed onto the seller in addition to a $10.00 handling fee. (Optional)
  5. Professional Imaging Services & Photography are available through the Laboratory Grown Diamond Exchange to enhance the article’s online presence. Still photos are $20 for two (top view and side view). An HD interactive video is $30 per piece.
  6. Engraving Services: The Laboratory Grown Diamond Exchange offers precious metal engraving into Gold, Silver, Platinum and Palladium. Up to 16 indicia (letters, numbers and spaces) inside shanks of rings and outside of jewelry articles for a fee of $8.00. In excess of 16 indicia, add 50% to engraving fee.
  7. Diamond laser inscriptions: "Laserscribe" Laboratory Grown Diamond Exchange offers our U.S. Patented # 4467173 Diamond Laser Inscription Services to easily identify and distinguish posted LGD diamonds, by permanently inscribing Diamond Identification Numbers (DIN) to gems and jewelry. Fees are as follows:

    Diamond Weight.......................................COST

    0.20 - 0.99 ct..........................................$12.50/pc

    1.00 - 1.99..............................................$15.00/pc

    2.00 - 4.99..............................................$20.00/pc

    5.00 - 9.99..............................................$25.00/pc

    10 ct and up..........................................Upon Request

  8. Laboratory Grown Diamond Exchange can supply customers with a special Macro Camera Phone Lens that allows your cell phone to task clear crisp high-resolution photos from as close as one inch away. The Fee is $20.00

CONTACT INFORMATION

If you have any questions regarding payment, shipments, or other issues, please do not hesitate to contact us. Our contact information is as follows:

20 West 47th Street, Suite 1501

New York, NY 10036

Telephone: 877-892-2555 (Toll Free)

email: info@lgdex.org