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Wednesday 19 December 2012

Diamonds in New York

If you are planning to visit New York anytime before Christmas, be sure to take a look around its Diamond District. Located in New York City on West 47th Street linking Fifth Avenue and Sixth Avenue, it is the ideal place for all your special gifts shopping. This is the one of the primary centers of the global diamond industry, making it the ‘it’ place for buying loose diamonds and diamond jewelry. It is believed that over 90 percent of diamonds that enter the country go through the Diamond District to other dealers and retailers all over the country. This translates into loose diamonds being cheapest as compared to any reputable retail jewelry store, and the consumer getting the widest choice. This being said, if you want to buy diamonds in New York there may be a few things to keep in mind before jumping into a cab to get there.

You should be prepared to spend a lot of time in the area. If you just have an hour or two to spare and expect to get a priceless diamond, it won’t happen, unless you have already chosen a trustworthy diamond trader to deal with. Those who do not do their homework, simply have to rely on their luck and patience to find the desired diamond at the right price. The ‘homework’ refers to finding a reputable diamonds trading company that ensures high quality diamonds at an affordable price. If you have no idea or references, simply search for official websites online and shortlist a few. There are many diamonds traders in NYC that even have diamond connoisseurs to educate and advice customers. These are the companies you should consider.

Another bit to do is, know the basics of diamonds and diamond buying. Once you know about the 4 Cs and what makes a diamond beautiful and valuable, the rest is just a numbers game. All you need to do is have a rough budget in mind, decide the cut and other specifications of the diamond you are interested in buying, and then alone start the hunt. Many buyers make the mistake of settling for the first stone that fulfills their requirements. Instead of this, it may be wise to look at a few that you like and then compare them to end up with the best diamond. Be sure to compare prices and not refrain from asking any question that may pass through your mind. For example, ask why a particular diamond is costing more than another with similar grading and certification.

Rest assured that if you do the research beforehand, you will end up with the best diamonds in New York, for a price that is lesser than anywhere else in the country.

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