The only cost to you is the increase in cost between your old diamond and the new upgraded diamond, the cost of removing the old diamond, the setting of the new diamond, and any additional costs if you require a complete new setting and/or new mounting (as in for a larger or alternative shaped stone). The returned diamond must be undamaged and in its original purchased condition.
Scrapping Out for Precious Metal Content
Any unwanted parts or jewelry that is returned in an upgrade, or sold to us, and used towards a future purchase, will be credited. We use the current New York Spot metal price as a basis for precious metal content valuation.
Taylor's recommends a scheduled personal property endorsement be added to your homeowner's or renter's insurance policy for full replacement value of your purchases against any future damage, loss, or theft.