50% Deposit Option

At SkyGem & Co we understand the concern of making a full payment of an expensive item without seeing it can be uncomforting. We’re committed to halve that concern by accepting 50% deposit of any loose diamond listed on our online inventory both Natural and Lab Grown diamonds. If your purchase is with a setting, the setting amount does not need to be paid until you pick up the complete ring. This option will allow you to secure the diamond directly from our international supplier without paying the diamond in full until it arrives in our office.

All prices listed are GST inclusive, in Australian Dollars($), complete and final. There is no hidden cost such as “Import duty” or “Customs Fee”.

Please note this is not a “Take Now, Pay Later” option. You will only receive the item once full payment is made.

Taking up the 50% deposit option you must agree to;

(a) 50% of the total cost of the diamond including GST must cleared in our account prior to us securing the selected diamond.

(b) We will contact you as soon as we receive the diamond to arrange for inspection. Regardless of availability to inspect the diamond, the balance (other 50%) of the diamond must be settled within seven (7) days upon diamond’s arrival. There will be an additional 3.8% consignment charge apply to the total cost of the diamond if you are unable to meet this condition (b).

(c) Unless prior arrangement are made with us, your 50% deposit will be forfeited if the diamond is not fully paid within 28 days after we inform you of it arrival.

(d) By using this option, all return options are voided. There is exception for “Australian Stocks” Lab Grown diamonds and, if you do not receive what you originally ordered will give you a full refund. This must be brought to our attention at the time of inspection or within 3 days of receiving the mailed item.

Please note
All “Australian Stock” listed Lab Grown diamonds are excluded from these terms. Regardless of the payment option you decide to undertake. The 14 days “any” reason return/refund policy is valid.

Pros Cons
Australian Stocks – (Lab Grown Diamond)
  • Pre-arrangement can be made to see the diamond before you buy it.
  • 14 days any reason returns, including “Changing of mind”.
  • Diamond will be available for collection within 2-5 business days.
  • Premium pricing
Special Orders – (Lab Grown diamond, Natural diamond and Coloured Diamond)
  • Extremely competitive prices as we cut out the middle man and go directly to the first-hand suppliers.
  • Guarantee exactly the same quality as Australian supplier’s stocks
  • Gives you more time to make payment if you undertake the 50% deposit option, generally it takes up to 2-4 weeks for the diamond to arrive in our office.
  • Takes up to 2-4 weeks for the diamond to arrive in Australia


  • Like other online retailers, the diamond can not be seen live before purchasing