FAQs

Each VULT contains the highest quality GIA-graded diamonds which are D-F color, have clarity grades of IF to VS1, and cut grade Triple Excellent. All diamond grading reports are available online at VULT.com or GIA.edu. Diamond sizes 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. The authentication process involves optical signature recognition and verification systems.

American Diamond Mint guarantees that the diamonds contained in VULT are exactly as listed at the time of the products original sale.

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

American Diamond Mint 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 through strict compliance with the Kimberly Process.

American Diamond Mint sources all polished investment-grade diamonds for VULTs from compliant diamond manufacturers and traders. Without exception, these suppliers have the 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 mining and 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 an unalterable and unique, laser-engraved serial number.

The gold VULT comes in a custom-engineered composite 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.

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

• $25,000
• $50,000
• $100,000
• $250,000

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 the VULT website. Owners must enter the unique VULT serial number engraved on the front of each unit. A multi-factor identification and authentication process is built into the VULTs and is part of the authentication platform. Verification includes optical signature recognition systems.

If you buy a VULT from a previous owner, you may easily authenticate it with the website and app.

Extremely secure. Each VULT unit contains:

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

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

American Diamond Mint guarantees that the diamonds contained in VULT are exactly as listed at the time of the products original sale.

American Diamond Mint guarantees that the diamonds contained in VULT are exactly as listed at the time of the products original sale.

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, security, privacy and portability. VULT is not tied to fiat or government currency.

Each VULT is 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 collection 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 lack of liquidity 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 authenticating your VULT.

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 have your information. If you buy or sell VULT, you are not required to register your ownership. No information is captured.

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 VULT.

You own your VULT. 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 and the genuine GIA certified collection grade diamond assets it contains.

The VULT is your personal and private property. Unlike virtual goods that may be rendered illiquid, the diamonds within your VULT are yours.