Lifetime Diamond Trade
At Mednikow, we recognize that as time goes by, life brings greater rewards, and the diamond you purchase today may not reflect your lifestyle tomorrow. The Mednikow Diamond Trade-In Policy will allow you to "grow" your diamond in size and value at any time in the future.
In nearly all cases, Mednikow will allow what you paid for any Mednikow diamond to be used in trade toward the purchase of another diamond that costs more than the original.
Diamonds are assets that hold long-term value, but there are minor fluctuations from time to time. Because of these fluctuations, we reserve the right to allow the current market value for a diamond instead of the purchase price. The current market value is easy to determine in the internet age by finding comparable diamonds in vast databases of diamonds from around the world. You can count on Mednikow to treat you fairly- and our over 125 year-old outstanding reputation for integrity is a testament to that.
The diamond must be undamaged and be accompanied by the original laboratory grading report. The mounting, labor, and taxes are not included in the trade-in value.