Diamond Industry Update
NYC Wholesale Diamonds continues our efforts to inform our treasured clients of the latest diamond industry trends and up to the minute updates from a collection of trade journals.
ROUND DIAMOND prices have begun their recovery from multi year lows following the U.S. economic crisis of 2008.
FANCY SHAPES, the industry term for all diamond shapes that are not round, remain at or extremely close to their lows. Here is the latest report from the premier industry source just released this morning:
Far East demand is improving as Chinese consumers seek Pears and Princesses at better prices. US and European demand mixed. Ovals and Cushions are best sellers, followed by Emeralds and Pears. Marquises, and Princesses are weak. Oversizes are selling well. Steady demand for fine quality 6 to 10 carats. Ovals, Pears and Emeralds have prices holding firm for 3 to 5 ct due to shortages. US supporting market for commercial-quality, medium-priced fancies under 1ct. Off-make, poorly cut fancies illiquid and hard to sell, even at very deep discounts.
NYC Wholesale Diamonds carries an impressive inventory of Round and Fancy Shape Diamonds. Call or Email for your private viewing!
Our Stunning Cocktail and Right Hand Rings get all of the same attention, customization and craftmanship that we give our Engagement Rings
NYC Wholesale Diamonds
Congrats to Hayden and Kristina!
It was truly an honor to work with Hayden to design the perfect ring for Kristina! He wanted to take all the elements that he knew she liked and combine them for this showstopper!
The couple was also kind enough to write about their experience with NYC Wholesale Diamonds. Here is their 5 Star Yelp Review.
“I am a tinkerer. I like everything to be perfect and I pretty much do everything I can to make something perfect. I change my fantasy football lineup about 10 times every week before I can put together something I find suitable. This is the type of person I am and this is the person that Keith Saxe was able to put up with and handle.
First let me talk about Keith and then I will talk about the ring. Keith is absolutely amazing. There is nothing he wont do to make your ring or piece of jewelry absolutely fricken perfect. I never, not one time, felt pressured to buy anything. I never was oversold on anything. He has some of the best quality merchandise and the absolute best prices and he knows it. He has no reason to oversell and pressure you because he knows he has the best and for the best price.
For those people still looking, please stop, if you are a tinkerer like me you may stop. I must have went to a dozen places and looked at almost 50+ diamonds in person and hundreds of diamonds online. Keith is the only person you need to go to.
I asked Keith for a very specific design and he nailed it spot on. The ring is gorgeous. I almost didn’t want to give it to my fiancé. If I ever need any jewelry of any kind I will always come to Keith first.
Long story short, she said yes and I gave her the ring, and she looks at the dam thing more than she looks at me these days, which gives me time to go watch some football.
Keith I cant thank you enough, and any friends or even anyone that I know that is thinking of proposing or even buying jewelry I will send them your way. You are the absolute best and I cant thank you enough.”
One of the most frequent questions we get asked is ‘why should I purchase from you when I could probably find it online?’
And instead of hearing it from us, we thought it best that you hear it from a client.
Here is our latest 5 Star Google Review from Samuel!
“I found NYC Wholesale Diamonds through a combo recommendation of a friend, and a google search. My wife and I couldn’t be happier with the awesome custom ring we designed, and the quality and attention we received from Keith. Going to the diamond district is daunting. It’s like a movie. I was very lucky to find a trustworthy, knowledgeable and creative expert in Keith. I compared similar materials/carat weights/designs to Bluenile and a bunch of other “discount” websites, and none were close to the price of NYCWD, plus I got a totally unique and customized ring.”
~Samuel B, Albany, NY
We listen to our clients wishes and needs, and prescreen dozens of stones for each client to find them what they want and at the best VALUE! We make each ring custom, right here on 47th Street. You can’t find that kind of quality or personalized service online!
Thank you, Ryan, for our latest 5 Star Yelp Review! It has been such an honor to play our small part in all of your life’s beautiful moments!
“It’s been just about three years since my first review/experience with Keith at NYC Wholesale Diamonds and he continues to exceed our high expectations!
When we welcomed our first daughter, I reached out first to Keith on getting a personalized rose gold necklace pendent with her name on it. Even though this was a non-diamond lower ticket item, he treated it with the same grace and attention as he gave us for our larger purchases. After some productive back and forth with both him and Staley, we got just what we asked for – the right font, the right text size, and perfectly-sized emeralds to dot the i’s in our daughter’s name. Stunning!
Keith also stands behind his products – whether for a quick steam cleaning to bring out the brightest “bling,” or performing a quick repair or adjustment, we are reminded at each visit how fortunate we were to have picked Keith the first time around. Thank you!”
Special pricing opportunity for this beautiful 6.28ct VS1 Clarity GIA Certified Radiant Cut Diamond. Set in a stunning 18K custom, Micro-Pave setting for Under $85K!
Email KS@nycwd.com for more details
NYC Wholesale Diamonds
47 West 47th St
New York, NY 10036