- New York City's diamond district is located on roughly ten city blocks between 5th Avenue and 6th Avenue. This is the largest concentration of diamond stores in the world.
- If you're considering selling at 47th Street, be prepared to do your homework. Many stores don't display prices, and you'll need to compare quotes from multiple jewelers before making a deal.
- Some popular stores on 47th Street include:
- Leo Schachter Diamonds: Leo Schachter has been in business for over 50 years and is known for its large selection of diamonds.
- I.D. Jewelry: I.D. Jewelry is a reputable jewelry store that offers competitive prices on diamonds.
- Dacarli Jewelers: A family-run business with a wide selection of diamonds and jewelry.
- Rapaport: A leading provider of diamond pricing information.
- Diamond District Block Association: A non-profit organization that promotes and protects the interests of the 47th Street Diamond District.
* ### Second-Hand Designer Stores
- If you want to sell a diamond ring quickly and don't need the highest possible price, you can consider selling it to a second-hand designer store. These stores typically purchase high-end jewelry, including diamond rings.
- Some popular second-hand designer stores:
- The RealReal: An online marketplace for designer goods.
- Vestiaire Collective: A French company that specializes in luxury fashion and accessories.
- Rebag: A New York City-based company that specializes in luxury handbags.
- What Goes Around Comes Around: A vintage clothing and jewelry store with locations in Soho, NYC, Los Angeles, and Miami.
* ### Pawn Shops
- You could sell your diamond ring to a pawn shop if you need cash and can't wait to find a private buyer. Pawn shops typically offer quick and easy transactions but are known for giving low prices for jewelry.
* ### Online Marketplaces
- You could sell your diamond ring on an online marketplace like eBay or Craigslist if you're willing to put in some effort.
* ### Individual Buyers
- You can sell your diamond ring to a private individual by advertising it online or through word-of-mouth.
