FAQs

VULT is a modern asset class: liquid, portable and fully fungible. Each VULT case contains diamonds graded and certified by the GIA (Gemological Institute of America), the world’s foremost authority on diamonds. VULT units are sold in four standard denominations: pearl, blue, black and gold. VULT diamonds are graded (often also called certified in the diamond trade vernacular) to be D-F in color, have clarity grades of IF to VS1, and cut grade Excellent.

VULT units can be traded on VULT.com or through private channels. Owners can physically hold their VULT units or securely store them in warehouses around the world.

VULT makes the current diamond market irrelevant. For the first time in history, personal investors can buy bundles of diamonds that are fully fungible, meaning one unit can be substituted for each other (within the preset denominations).

VULT owners have access to a transparent, secure and efficient 24/7 global diamond market that makes buying and trading easy. VULT turns diamonds into a liquid asset, a real alternative to fiat currency and other alternative assets.

Prior to VULT, diamonds were not a true liquid asset. Diamond markets were secretive, opaque and skewed against private investors looking to buy and trade. With loose diamonds, one diamond is never an exact substitute for another, again making trading more difficult and less efficient for the investor. The VULT system solves these issues for the private investor.

A VULT is a true physical asset: highest-quality GIA-graded diamonds are held in a case made of sintered zirconium. The case is highly transportable and tamper-resistant. The integrity of each VULT can be verified using a multi-factor authentication system using proprietary and patented optical recognition technology.

Each VULT contains highest quality GIA-graded diamonds which are D-F color, have clarity grades of IF to VS1, and cut grade Excellent. All diamond grading reports are available online at VULT.com or GIA.edu. Diamond sizes will range from 0.50 to 2.67 carats.

Each VULT diamond carries a unique, laser-engraved GIA diamond grading report number. Once placed in a VULT unit, a multi-layered digital authentication process allows VULT owners to verify the diamonds held inside each VULT — whether the VULT is privately held or securely stored by the company. The authentication process involves patented optical signature recognition and verification systems.

Secured Worldwide guarantees that the diamonds contained in VULT are exactly as listed at the time of the products original sale. If at any time after purchase the diamonds in VULT are found to be otherwise, the company will refund the original purchase price or replace the product at no charge to the buyer.

All VULT diamonds are responsibly sourced diamonds from global markets, including New York, Tel Aviv, Mumbai, Antwerp, London, Hong Kong, and others.

Secured Worldwide has a zero-tolerance policy toward the use of conflict diamonds; all diamonds we purchase for use in VULT products are warrantied to be conflict-free.

Secured Worldwide sources all polished investment-grade diamonds for its VULT units from a pool of trusted diamond manufacturers and traders. Without exception, these select suppliers have the necessary documentation to ensure that the original rough diamonds from which the diamonds were cut and polished, were purchased through responsible and legitimate channels.

Since 2011, the Kimberley Process (KP) Certifications System, a body that operates with the support and in close cooperation with which operates the United Nations, governments, and NGOs, monitors rough diamond exports to prevent the trade of illegal diamonds. In the United States, the enforcement of the KP requirements is the responsibility of the US Customs Service, by means of the US KP Authority (https://www.uskpa.org/), which actively enforces the Kimberley Process as diamonds arrive at American entry points.

In addition, VULT’s suppliers follow the System of Warranties created by the World Diamond Council Under this system, all buyers and sellers of both rough and polished diamonds must make the following affirmative statement on all invoices: “The diamonds herein invoiced have been purchased from legitimate sources not involved in funding conflict and in compliance with United Nations resolutions. The seller hereby guarantees that these diamonds are conflict free, based on personal knowledge and/or written guarantees provided by the supplier of these diamonds.” For more information, go to www.diamondsfacts.org.

Absolutely. VULT contains GIA-graded diamonds, each with a unique laser-engraved diamond grading report number. If desired, the diamonds can be removed from VULT and used or sold privately.

Each VULT case is made from sintered zirconia and has a single sapphire crystal cover. Each case has a unique, laser-engraved serial number.

The gold VULT comes in a custom-engineered composite ceramic presentation case; other denominations use varying materials for presentation purposes.

There are currently four denominations of VULT , with prices ranging from U.S.$25,000 to $250,000.

VULT’s patented hardware and software platform allows the units (each containing specific GIA-certified diamonds) to be instantly authenticated and securely traded online from anywhere in the world. A centralized and efficient 24/7 marketplace assures liquidity and transparency.

VULT units can be bought and sold on the private and secure VULT market (VULT.com) or on the open market. VULT will be a limited market maker on its own trading platform to facilitate liquidity.

There is no guarantee that a particular VULT can be sold at a specific time or price. However, the fungibility of VULT units and the transparent pricing and global reach of VULT.com makes trading transactions far more likely. Secondary and non-traditional marketplaces only enhance the asset’s liquidity.

The VULT ecosystem includes a secure digital custodial system, built around a chain-of-custody authentication/verification process for all VULT units that remain in the VULT system. For VULT owners who take possession of their VULTs, the VULT app authenticates both the VULT case and the individual diamonds within. Any VULT unit registered in the VULT system is part of the system. Units sold independently of the VULT.com system can be re-authorized at any time by any current owner for a fee.

Initially, VULT denominations are based on the U.S. dollar. The prices for the four VULT units are:

• $25,000 (Pearl)
• $50,000 (Blue)
• $100,000 (Black)
• $250,000 (Gold)

For each denomination, prices may vary, based on the underlying value of the VULT diamonds according to market fluctuations. Each GIA-graded diamond in a VULT unit has a market value; these values are available worldwide and can be used as part of the negotiated price between buyers and sellers in the aftermarket.

VULT bundles highest quality GIA-graded diamonds into units of uniform value. The diamonds are all round brilliant cut, and range from 0.50 to 2.67 carats. VULT uses a cutting-edge algorithm to create equal intrinsic values for each unit within a denomination. The launch price denomination is the total value of the diamonds in each VULT.

Owners can use the VULT app (available for Apple and Android products) or log into their accounts on the VULT website. Owners must enter the unique VULT serial number engraved on the front of each unit. A patented multi-factor identification and authentication process is built into the VULT units and is part of the trading platform. Verification includes patented optical signature recognition systems.

If you buy a VULT on VULT.com from a previous owner, you will be asked to re-authorize the unit with your own information — if you wish to register. Similarly, if you buy a VULT from a previous owner outside of VULT.com you will need to re-register/reauthorize it if you want to make use of the VULT trading platform.

Extremely secure. Each VULT unit contains:

• A unique ID
• A multi-layered identification and authentication process that includes an optical signature recognition
• A unique GIA diamond grading report number laser-engraved on each diamond
• A tamper-resistant case made of sintered zirconia

Each VULT also comes with title and warranty insurance policies.

VULT’s multi-factor authentication and identification process makes it extremely difficult to substitute or alter the diamonds in VULT. You can remove the diamonds from VULT, but doing so compromises the integrity of the unit.

Secured Worldwide guarantees that the diamonds contained in VULT are exactly as listed at the time of the products original sale. If at any time after purchase the diamonds in VULT are found to be otherwise, the company will refund the original purchase price or replace the product at no charge to the buyer.

New VULTs can only be purchased through an authorized VULT dealer or at our headquarter location below:

• NEW YORK

  New York Headquarters & Sales Office:

  International Gem Tower Suite 910

  50 West 47th Street

  New York, NY 10036

In the secondary or aftermarket, you can buy VULT online at VULT.com or through private channels.

Yes. VULTs can be purchased at VULT.com.

You can speak directly with VULT experts by contacting us.

VULT can be purchased in U.S. dollars, Hong Kong dollars, and Chinese renminbi. Private aftermarket sellers will accept the currency of their choice.

Secured Worldwide guarantees that the diamonds contained in VULT are exactly as listed at the time of the products original sale. If at any time after purchase the diamonds in VULT are found to be otherwise, the company will refund the original purchase price or replace the product at no charge to the buyer.

A VULT purchased directly from Secured Worldwide may be returned for a full refund within the first thirty (30) days after purchase (“Return Period”), subject to the terms and conditions described in this policy. The original customer may request a return in person at a VULT office or by sending a return request by email to return@vult.com. Secured Worldwide will provide the customer a return form, which must be completed and returned either in person or by email. The return form must include the following information:

1. Customer name
2. Original delivery address
3. Salesperson
4. A scan of the original invoice
5. A brief description of the reason(s) for the return
6. Wire transfer instructions
7. Customer signature

The customer is responsible for delivering the VULT to the Secured Worldwide office from which it was purchased. After receipt and satisfactory inspection of the VULT and all packaging materials, Secured Worldwide will remit an amount equal to the original purchase price to the customer by wire transfer in the same currency as, and to the same bank account from which Secured Worldwide received, the original purchase price.

During the sixty (60) day period immediately following the thirty (30) day Return Period, Secured Worldwide will repurchase from an original customer a VULT that the customer purchased directly from Secured Worldwide, subject to the terms and conditions described in this policy. The original customer may request a repurchase in person at a VULT office or by sending a repurchase request by email to repurchase@vult.com. Secured Worldwide will provide the customer a repurchase form, which must be completed and returned either in person or by email. The repurchase form must include the following information:

1. Customer name
2. Original delivery address
3. Salesperson
4. A scan of the original invoice
5. A brief description of the reason(s) for the return
6. Wire transfer instructions
7. Customer signature

The customer is responsible for delivering the VULT to the Secured Worldwide office from which it was purchased. After receipt and satisfactory inspection of the VULT and all packaging materials, Secured Worldwide will pay to the customer an amount equal to the original purchase price less (i) a restocking fee equal to two and one-half percent (2.5%) of the original purchase price and (ii) a shipping and insurance fee of US$250 (the “Repurchase Amount”). Secured Worldwide will remit the Repurchase Amount to the customer by wire transfer to an account designated by the customer; provided, however, that if the customer requests the remittance of funds in a different currency, or to a bank account other than the bank account from which Secured Worldwide received the original purchase price, Secured Worldwide will review the transfer for compliance with its Anti-Money Laundering policies and procedures, including review and approval by its Chief Compliance Officer. Secured Worldwide reserves the right to withhold any payments that are not compliant with its Anti-Money Laundering policies and procedures.

VULTs can be sold on VULT.com or through private channels. If sold privately, the VULT must be re-registered/re-authorized if the new owner wishes to utilize the VULT ecosystem.

VULT pricing in the secondary market will be based on supply and demand for particular models and world diamond prices. As with any asset, prices may rise and fall.

There are no guarantees that your VULT will be sold at the price you demand. However, because VULTs are transparently priced and may be bought or sold at any time on VULT.com, a natural liquid market will exist. VULT.com will also act as a limited market maker in order to further boost liquidity. If you would like to sell to VULT, please contact or visit our offices to speak to a representative who can assist you.

Absolutely. You own the diamonds in your VULT and you may remove them to use or sell privately, as you desire. However, individual diamonds are not sold on VULT.com. Please also note that your original VULT may not be authorized and sold on VULT.com if you have removed the diamonds.

Simply give your gift. The new owner may choose to register their ownership with VULT or not. Once registered the new owner will immediately have all of the benefits of ownership, including title insurance and warranty.

VULTs are palm-sized and are roughly the size of a thick credit card. A VULT unit will easily fit in in a suit pocket or small handbag.

VULT’s cutting-edge digital infrastructure allows owners to physically hold VULTs themselves. If they prefer, VULTs can be stored in secure Malca-Amit warehouse locations around the world or by private third parties.

VULT can be picked up at our sales offices or delivered fully insured to owners in most countries. A purchaser residing in one country may accept delivery of their fully insured VULT in another country, subject to export and import regulations. VULTs can also be stored in secure locations around the world.

VULT has partnered with Malca-Amit to provide secure storage facilities around the world, including:

• Bangkok
• Hong Kong
• London
• New York
• Shanghai
• Singapore
• Toronto
• Zurich

You may also choose your own secure storage facility.

Depending on the country of purchase, all applicable sales and use taxes must be paid when a new VULT is purchased. Taxes on the purchase from a private seller are the responsibilities of the buyer and seller.

An alternative to financial assets or fiat currency, VULT offers the ultimate in concentrated value, liquidity, security, privacy and portability. VULT is not tied to fiat or government currency.

Each VULT is liquid and fungible, meaning substitutable. This is one of the primary benefits of the VULT; fungibility makes VULT a far more liquid asset than loose diamonds.

Diamonds are highly concentrated assets that can be easily transported, unlike gold. Diamonds are a globally accepted asset and compared to gold, can offer equivalent value at a fraction of the physical weight.

VULTs are real, not virtual assets. VULTs contain genuine top quality GIA-graded diamonds. Bitcoins, by contrast, are completely virtual.

There is no standard pricing for loose diamonds. Owners often experience significant discounts from global prices and illiquidity when selling, as well as difficulties authenticating stones. As a VULT owner, you own a fungible asset that benefits from the most advanced technology ensuring the authenticity of your assets. The VULT website provides a predictable and secure experience for both buying and selling VULT, which in turn results in greater liquidity and a more efficient market.

At VULT, we update prices nightly based on the diamond wholesale markets. While the overwhelming majority of diamonds are traded without any grading reports, VULT only purchases diamonds that have been graded by GIA (the Gemological Institute of America), the world’s foremost authority in gemology and the world’s leading gemological laboratory. GIA’s grading methods, practices and nomenclature are viewed as an industry benchmark and the wholesale diamond markets employ this benchmark to set its prices.

No, VULT does not share your information. If you buy or sell on VULT.com, you must provide certain credit card or bank information. However, you are not required to register your ownership. No information is captured unless the buyer chooses to register his or her purchase — and we never share the information with anyone. We never store any payment information.

Yes. Each VULT is certified as genuine on the basis of its multi-layered unique features, not its registration data. You do not have to register or have identification to own a VULT.

You own your VULTs. In the unlikely event that VULT was no longer in business due to a merger, acquisition or business failure, you would retain ownership of your VULT units and the diamonds assets they contain.

In the event of failure, VULT could not authorize the removal of any diamonds from a VULT. The VULT is your personal and private property. Unlike virtual goods that may be rendered illiquid, the diamonds within your VULT are yours to keep forever.