47th Street Diamond District

Address: 47th Street Business Improvement District
580 5th Avenue, Suite 323
New York, NY 10036
(212) 302-5739 - phone
(212) 302-7835 - fax

The Diamond District is the world's largest shopping district for all sizes and shapes of diamonds and fine jewelry at tremendous prices and value. When you shop for diamonds and fine jewelry, this is the first and only place to shop- New York 's Diamond District.

Merchants in the Diamond District sell diamonds of virtually every size, shape and quality. You can buy a loose (unset stone), a stone that is already set in jewelry or bring in your own stone and choose a setting from thousands of different styles.

Hour of operation: 9:30 am - 5:30 pm
Even on Sundays there are some businesses open and you will always find good value.

Tips in the Diamond District in NYC:

  1. No matter where you go have a poker face.
  2. Bargain until it hurts. Yes it may be difficult but even if you go into a rolex, cartier, or Bvlgari, you can still bargain. Everyone wants to make a sale.
  3. If you do end up buying from the diamond district in NYC always remember to get a sales receipt no matter what. If your buying anything with diamonds larger than .25 carat get an appraisal certificate. (this should be accompanied with the diamond ring/jewelry purchase)

-Have you been here already? How was it? We would love to hear what you thought about this place.


  1. I didn't find many of the sales associates helpful...they're more interested in your money then helping you make the right purchase! However, looking at all there is to offer is just remarkable~!!

  2. I love diamonds! I might as well visit this place with my husband sometime. :)

  3. I would absolutely love to visit the Diamond District. I doubt I could afford to buy, but you never know.


  4. My wife loves to go there at least once every two years. It was a great place to go for a wedding ring.

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  7. been there and even if they don't have what you're looking for they do everything to sell you something you don't want - Always hate going there, but sometimes I have to, to compare -
    They never let you leave the store because they know you'll may find something better -
    Went to one place and had them write down the price for me - went back 1 month later and the same salesman quoted me $800 more - but accepted the lower price when I took out the paper - went to another store 2 x quoted 2 different price and my friend went in and was quoted another price! ! ! DON'T TRUST ANY OF THEM . . . . you never know what you're paying for

  8. I personally purchased a diamond ring at Diamond District with great success. Scan the stores, ignore the salemen. Note what you liked. THEN GO BACK.

    BARTER BARTER BARTER. Aim low and work up. DON'T BE SHY. They want your money.

    Tell them you will pay cash (if you can pay it all at once), ie DEBIT CARD. For paying "cash" most will knock off tax. I had my ring resized on the spot, included in price, and had them appraise and put in writing (with receipt and business card included). I had it reappraised elsewhere and it is worth twice as much as what I paid.

    GO knowing what you want, haggle and you will be rewarded ;-) To this day, I wear that ring with great pride and millions of compliments.

    P.S. If you have someone who knows diamonds, BRING THEM. I had an Indian man with me who eyeballed all the jewelry with a loupe (magnifier, which you can request on the spot).


  9. The most important tip is to make sure that you buy a properly graded diamond by GIA or AGS.