S
SallyB
Guest
Are any PS members requesting a written stipulation on their jewelry/diamond/gemstone orders that, if the vendor can’t deliver by a certain reasonable date, the order is to be cancelled and a full refund is to be issued to you?
I can understand that delays are almost inevitable now. But it seems a bit unreasonable for vendors to expect full payment up front for a very expensive item and then not being able to deliver for 2 months, 3 months, or more. How long should they be able to hold on to this money?
There is also the very real chance that the vendor could go out of business during this long waiting period, and then we’re out of luck.
With the business world in the state it’s in, the balance of power seems very tipped in favor of the vendors.
Is it time to require changes to these purchase contracts to protect ourselves, or do you feel this is unnecessary?
Feedback from both PS members and trade members is welcome!

I can understand that delays are almost inevitable now. But it seems a bit unreasonable for vendors to expect full payment up front for a very expensive item and then not being able to deliver for 2 months, 3 months, or more. How long should they be able to hold on to this money?
There is also the very real chance that the vendor could go out of business during this long waiting period, and then we’re out of luck.
With the business world in the state it’s in, the balance of power seems very tipped in favor of the vendors.
Is it time to require changes to these purchase contracts to protect ourselves, or do you feel this is unnecessary?
Feedback from both PS members and trade members is welcome!
