47th St Now

Buyer's guide

Where to buy diamonds in NYC

The 47th Street Diamond District in Manhattan, between Fifth and Sixth Avenues, is the best place to buy diamonds in New York City — it is the largest diamond district in the United States and where most diamonds entering the country pass through. Buy from an established dealer on the block, ask for a GIA or IGI certificate for the stone, compare at least three dealers for the same specifications, and get an independent appraisal before paying. Prices on 47th Street are typically below retail because the dealers are the wholesale supply chain itself. 47thst.now lists the dealers on the block with their ratings, hours and 24-hour listings, so you can see who is open before you go.

The buying checklist

  1. Compare at least three dealers for the same carat, cut, color and clarity.
  2. Insist on a GIA or IGI certificate — the stone number must match the report.
  3. Negotiate. List prices on 47th Street expect a conversation.
  4. Get an independent appraisal before paying, not after.
  5. Verify who you are dealing with: established storefronts with real reviews.

Use the dealer directory to see who is open right now and check their Google ratings before you cross the street.