The ‘Diamond District’, the stretch of West 47th Street between 5th and 6th Avenue, is boldly New York in all its myriad sensations. The NYC Diamond District conjures up an image of grandeur, an heirloom piece of New York’s history that has seamlessly merged itself with present-day cosmopolitanism. Diamond Exchange NYC is located right in the middle of the Diamond District so we invite you to schedule an appointment for a visit.
The History Of The New York Diamond District
The Diamond District is home to over 4,000 wholesalers and jewelers congregated in this single block in Midtown Manhattan. This entire street has been a hub of the city’s jewelry business for a long time. Think fine jewelry, diamonds, and various gemstones, Diamond District is a constellation of exchanges, retailers, and smaller jewelry stores. All in all, you will owe it to yourself to visit us at Diamond Exchange NYC if you are in the market for any type of diamond jewelry.
Generating over a staggering $24 billion in annual sales volume, the District handles 90% of United States’ imported diamonds before they reach other retailers in the pipeline. It’s no coincidence that The Diamond District houses ‘Diamond Dealers Club New York’, one of the world’s oldest, pioneering, and largest diamond exchanges.
This iconic section of New York City draws tourists by busloads and even New Yorkers for its enormous display of diamond earrings, flashy diamond accessories, and sleek rings. Whether you are a diamond aficionado or an inquisitive tourist, you will be inundated with choices of diverse diamond jewelry stores put on display in The Diamond District.
Tips To Know When Shopping For Diamonds
Even if you are spoiled for choices, not everything you hear and see at The Diamond District is true. “Amazing deals offering the finest of diamonds at the cheapest of prices” – if you fall for such misleading claims, you will be setting yourself up for a hoax. Having realistic expectations is necessary. The primary rule of buying at the District is that unbelievably cheap deals do not exist. You will have to be educated on the 4 C’s of a diamond to know whether a deal is bad, good, or great. The experts at Diamond Exchange NYC are here to educate you on the different aspects of diamonds and to help you get the best deals possible. We have an enormous selection of diamond engagement rings, earrings, necklaces, loose diamonds, bracelets, and more.
The salesforce in The Diamond District are infamous for their pressure tactics and aggressive attitudes towards the buyers. They will be even more bellicose if they figure your intention does not involve making any purchase. Do not get pressurized into buying if you don’t intend to. Diamond Exchange NYC has a very relaxed and pressure-free atmosphere. Be sure to put us on your list of places to visit :).
What Is The Diamond District Famous For?
Unlike popular jewelry districts across the world, the NYC Diamond District does not limit itself in catering to either the wholesale business or the end consumer. The Diamond District is famous for loose diamonds as well as diamond jewelry. It blends the best of both worlds by representing major names in diamond trading and hosting a slew of diamond retailers who address interested consumers at the final level. With so many businesses around, you have the liberty to shop around, explore and compare prices for the nearly the same merchandise available across the stores.
There are a plethora of the options if you are looking for diamond jewelry for any specific occasion – let’s say, an engagement ring or a tennis bracelet. This is undoubtedly one of the largest shopping districts in the country where you can find diamonds and diamond jewelry in every possible shapes and sizes in an expansive range of prices. With thousands of independent businesses located in the area, you will be offered an astounding variety of precious diamond jewelry, great values, and industry expertise.