Diamond District Jewelry

The diamond district is the largest shopping district for all types of diamonds in the world

, located in New York. Since over 90% of diamonds that enter our country are purchased here in the United States and go through the Diamond District, it makes sense it would be in New York. This area of New York is located between 5th avenue and 6th avenue on West 47th Street. Located only 1 block from Rockefeller Center and only 3 blocks away from Radio City Music Hall on the Avenue of the Americas, this district was made when dealers moved in the 1920s from the financial district. The total of one days trade in diamonds in the Diamond District is an average of four hundred million dollars. There are 25 exchanges in the district including the DDC or the Diamond Dealers Club.

Diamond District jewelry has long been of the highest value and savings, as the diamonds are generally not handled much and the dealers are able to pass on savings to the consumer. The Diamond District jewelry that passes through the hands of the average American would be no different than having diamond jewelry from any other corner of the world. Each diamond comes with a certificate of authenticity, so your Diamond District jewelry can now be shown as authentic at any jeweler. If you keep this certificate of authenticity, not only will this be useful when having your Diamond District jewelry appraised, but if you decide to sell to another consumer or business, you can show how much the piece is worth.

The Diamond District jewelry offers jobs and a home to many jewelers and jewelry shops from Forever Diamonds NY to small hometown businesses. Many famous designers get their diamonds from this area, and this is why some of the most famous people wear diamond district jewelry. With top designers creating one of a kind pieces with the diamonds from this area, the popularity of the district is on the rise simply from the reputation alone. The New York Diamond Exchange is located in the heart of the Diamond District and offers consumers the chance to sell back their diamond or to buy diamonds. This business is one of the largest in the district, and offers some of the best prices found in the district on buying Diamond District jewelry.

When buying your Diamond District jewelry, it is important to ask for your certificate. This will have your diamonds clarity, size and cut as well as the appraised worth of the gem. This certificate is offered by all businesses in the Diamond District, so you should take advantage of getting this piece of valuable paper. Not only can you get this certificate, but you can also get an appraisal on your other jewelry and possibly sell it to the district businesses. Since there are so many designers that are always looking for rare and unique pieces of Diamond District jewelry, shop around for who will give you the best price on your jewelry.

by: MA Ron

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