All diamond center stones purchased from Nice Ice, Inc. d.b.a. NiceIce.com may be used in the form of a trade-in value towards the purchase of another diamond or jewelry item for the original wire transfer / cash discount purchase price of the diamond less the cost of shipping paid and a 10% (ten percent) restocking fee subject to verification of the characteristics of the diamond by the independent gemological laboratory that originally graded the diamond. Credit card fees are non-refundable because they were paid to the bank at the time your transaction occurred and are non-recoverable, thus they will be deducted from the trade-in value at the current rate of 3.5% because they are an expense which we can not recover.

Diamonds purchased from vendors other than Nice Ice, Inc. will not be considered for trade-in because there is no way for us to verify the origin of the diamond as dictated by the Kimberley Diamond Act.

Note that the trade-in value for the diamond will not be established or taken into account until the diamond has been sent to the diamond grading laboratory and the original grade and condition of the diamond has been verified by the diamond grading laboratory that originally graded the diamond. Why? Because the condition and subsequent grade of the diamond is subject to change depending on what happened to the diamond while it was in your care. Take this diamond for instance:

We originally sold this 1.04 carat, D color, VS-1 in 2005 as a zero ideal cut with GIA Excellent polish and symmetry. The original GIA lab report located on the left indicates that the primary inclusions responsible for the clarity grade was a few small diamond crystals and needle shaped diamond crystals as indicated under the plotting diagram located on the lab report. Our policy for diamonds which are traded-in to us or sent to us for consignment is not to represent them until they have been sent back to the laboratory for confirmation of the grade and a lab quality assessment of the current condition. When this diamond was sent to us for consignment, there were a few new inclusions as indicated on the new GIA lab report pictured to the right. The new inclusions are a small feather and a small chip. The small chip is located on the culet (bottom point) and effects the symmetry grade of the diamond which drops it from GIA Excellent to Very Good. The decrease in the quality of the diamond has a direct effect on the value of the diamond and our ability to resell it, thus there will be depreciation in the trade-in value and market value of the diamond.