Est. 1925 · 2,600 businesses

Diamond District

New York, New York

The largest jewelry district in the United States. Over 2,600 independent businesses operate on a single block, handling 90% of diamonds imported into the country. Walk-in cash buyers, GIA-certified appraisers, and estate jewelry specialists work side by side.

★ Midtown Manhattan, 47th Street between 5th and 6th Avenue

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Why district buyers pay more

  • Compressed competition. Dozens of buyers within walking distance.
  • Specialist categories. Estate, watch, and diamond experts side by side.
  • Wholesale resale chains. Direct auction circuits = higher buy-side offers.
  • Walk-in appraisals. Free verbal estimates from multiple specialists.

Selling tips for the Diamond District

  1. Visit weekday mornings. Buyers have time for full evaluations.
  2. Bring 2–3 pieces. Specialists give detailed offers when focused.
  3. Collect 3 offers minimum. First offers are typically 10–15% below ceiling.
  4. Use district security. Ask for armed escort to your vehicle for $10K+ transports.

Today’s spot prices

Gold
$4,546
Silver
$76.30
Platinum
$1,978
Palladium
$1,422

14K = 58.3% · 18K = 75% · 22K = 91.6% · 24K = 99.9%

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