Monthly Archives: February 2024

by | February 26, 2024

CONGRATS HANNAH and LAWRENCE

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Our warmest congratulations to Hannah and Lawrence on their magnificent engagement! Lawrence traveled from California to find the perfect ring for his perfect lady. Thank you so very much for this so very kind Yelp review.

Keith Saxe at NYC Wholesale Diamonds made ring shopping for my engagement a remarkable journey. With patience and expertise, he answered all our questions about diamonds, making the process transparent and educational. His personable approach, devoid of any sales pressure, set him apart and is precisely why we chose him over other jewelers. Highly recommend for an unbeatable blend of quality, professionalism, and genuine customer care.

Lawrence K

San Francisco, Ca.

FIVE STARS

2/26/24

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by | February 16, 2024

The Krugerrand Phenomenon

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Fast Facts about the Krugerrand
First minted in 1967
The world’s first gold bullion coin
Silver version released in 2017 by Rand Refinery
Accounted for 90% of the global coin market in 1980
Banned for import in the United States from 1985-1991 due to South Africa’s apartheid policy
Over 50 million gold Krugerrands have been sold since the coin’s debut
The Birth of the Krugerrand
The Krugerrand can be traced back to a time when South Africa found itself amid a tumultuous era. As the world grappled with the complexities of the apartheid regime, the South African Mint sought to create a tangible representation of the country’s rich heritage and natural resources. In 1967, after years of meticulous planning and design, the first Krugerrand was minted.
Crafted with precision and symbolism, the Krugerrand was not just a coin but a powerful statement. Its name was inspired by Paul Kruger, the influential figure who served as the President of the South African Republic in the late 19th century. The reverse side of the coin features a springbok, the national animal of South Africa, while the front of the coin proudly displays Paul Kruger himself.
From the moment it entered the market, the Krugerrand quickly gained traction and captured the imaginations of investors worldwide. Its unique design, coupled with its accessibility and affordability, appealed to both experienced collectors and those new to the world of precious metal investments. The Krugerrand became an accessible gateway for individuals to participate in the gold market.
This coin not only revolutionized the investment landscape but also had a significant impact on the South African economy. As demand for the Krugerrand soared, it bolstered South Africa’s gold mining industry, creating jobs and fostering economic growth.
The South African Mint
Founded in 1890, the South African Mint has been responsible for the production of coins that showcase the nation’s rich heritage. Beyond its role in creating legal tender coins, the South African Mint has played a significant cultural role in shaping the nation’s identity. With a commitment to both quality and artistic expression, the mint has continually pushed the boundaries of coin design, capturing the essence of South Africa’s diverse culture and natural beauty.
But it is the production of the Krugerrand that truly puts the South African Mint in the spotlight. The world’s first modern gold bullion coin, the Krugerrand, was first minted in 1967 with the aim of making gold investment more accessible. The South African Mint worked diligently to ensure the coin’s design not only reflected the nation’s history but also appealed to investors worldwide.
Each Krugerrand is crafted with precision and attention to detail, reflecting the mint’s commitment to quality. This coin’s design featuring Kruger and a springbok has remained unchanged since the coin’s inception.
The Economic Impact
The Krugerrand’s significance extends beyond its exquisite design and investment value. Its economic impact on South Africa and the global gold market cannot be overstated. Since its introduction in 1967, the Krugerrand has not only become a symbol of South Africa’s rich gold heritage but has also played a pivotal role in shaping the country’s economy.
The production and export of Krugerrands have contributed significantly to South Africa’s GDP. With its vast reserves of gold, South Africa has long been one of the world’s leading producers, and the Krugerrand has been instrumental in driving the country’s gold mining industry. The coin’s popularity has led to increased demand for South African gold, creating jobs and stimulating economic growth.
Beyond its impact on South Africa, the Krugerrand has transformed the global gold investment landscape. Before its introduction, gold coins were typically sold at a premium, making them inaccessible to everyday investors. By offering the Krugerrand at a lower premium and with a convenient one-ounce size, the South African Mint democratized gold ownership, making it accessible to a wider audience.
Cultural Significance and Global Recognition
The success of the Krugerrand spurred the creation of numerous other gold bullion coins, further expanding the gold investment market. Today, investors around the world recognize the Krugerrand as a trusted and reliable investment vehicle.
Since its introduction, the coin has gained popularity among investors seeking a tangible asset that can withstand economic uncertainties. The Krugerrand’s gold content and purity, combined with its widely recognized design, have made it a preferred choice for those looking to diversify their investment portfolios and protect their wealth.
Thank you to my friend Michael, and Manhattan Gold and Silver for thsi informatve update

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by | February 13, 2024

36th ANNIVERSARY SALE

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It is my true honor celebrating our 36th year here in the New York Diamond District!

We would like to take this opportunity to thank you all, our treasured clients without whom this wouldn’t be possible. Your loyalty, referrals, and reviews are more appreciated than words can ever express!

In honor of you all, enjoy our deep discounted sale prices and Free FedEx shipping on all the following state of the art magnificent Fine Jewelry designs.
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Elite Diamond Tennis Bracelet

Huge Price Reduction

All G Color, VS Clarity with full ideal cut diamonds.

3.00 cts $4,350
4.00 cts $5,500
5.00 cts $7,400
6.00 cts $8,500
8.00 cts $12,500
10.00 cts $17,500
11.00 cts $23,500
12.00 cts $28,500
15.00 cts $39,500
20.00 cts $62,500
30.00 cts $89,500
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       GIA Certified Diamond Stud Earrings

HUGE PRICE REDUCTION

Perfect ideal cut pairs all with GIA’s highest grades of Excellent Cut, Polish, and Symmetry

1.00 Carat J Color SI2 Clarity $2,500
1.00 Carat I Color SI1 Clarity $2,750
1.00 Carat G Color VS2 Clarity $3,300
1.26 Carat I Color SI1 Clarity $3,950
1.50 Carat I Color SI2 Clarity $4,850
1.60 Carat I Color SI2 Clarity $5,500
1.80 Carat I Color SI1 Clarity $6,500
1.80 Carat G Color VS2 Clarity $8,800
2.00 Carat I Color SI1 Clarity $9,500
2.25 Carat H Color SI1 Clarity $ 12,500
2.40 Carat I Color VS1 Clarity $19,500
2.50 Carat I Color SI1 Clarity $17,500
3.00 Carat I Color SI1 Clarity $24,500
3.00 Carat G Color SI1 Clarity $29,500
3.50 Carat I Color SI1 Clarity 32,500
4.00 Carat H Color SI1 Clarity $37,500
5.00 Carat I Color SI1 Clarity $48,500
5.00 Carat G Color VS2 Clarity $69,500
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Diamond Tennis Necklace

Huge Price Reduction

Available in a Straight Line or Graduated Style, All Pure White G Color Ideal full cut, 100% Eye Clean diamonds and a wide range of carat weights
5.00 Carats Fine Diamonds $8,500
8.00 Carats Fine Diamonds $17,500
10.00 Carats Fine Diamonds $22,500
12.00 Carats Fine Diamonds $27,500
15.00 Carats Fine Diamonds $42,500
20.00 Carats Fine Diamonds $54,500
25.00 Carats Fine Diamonds $72,000
30.00 Carats Fine Diamonds $89,000
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Huge14.00 Carat Diamond Chandelier Dangling Earrings

Our Finest Diamonds in Handmade18kt White Gold

Retail $75,000
Your Price $33,000
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Ceylon Sapphire and Diamond Seven Carat Safety Lock Earrings

4.64 Carats Rich Sapphires
2.54 Carats Elite Diamonds

Retail $35,000
Your Price $14,500
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Brand New 18kt Gold Diamond Drop Earrings

Handmade Halo Design with 1.00 Carat Elite Diamonds and Locking Safety Backs

Retail $7,950
Your Price $3,950
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Diamond Halo One Carat Pendant with GIA H Color Certified Brilliant Center

0.75 Carat Brilliant Cut Round H SI1 with GIA’s highest Excellent Cut, Polish, and Symmetry grades

Flexible Link Chain, available in White and Yellow Gold

Retail $12,500
Your Price $5,500
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Diamond Heart Modern Abstract Shape Pendant

Custom Design with Half Carat Diamonds and Chain

Retail $5,995
Your Price $2,850
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Diamond Tennis Bracelets New Semi Bezel Design

8.30 Carats $11,500

10.91 Carats $15,000

Brilliant Diamonds set to appear 25% Larger

Retail Prices
$25,000 and $35,000
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Marquise Ruby and Diamond 4.14 Carat Ring

3.02 Carat Rich Red Ruby
1.12 Carats Top Diamonds
Handmade Platinum Ring

Retail $47,500
Your Price $19,500
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Emerald and Trapezoid Diamond Platinum Ring

2.89 Carats Dream Emerald
.91 Carat Matched Pair Trapezoid Diamonds

Retail $27,500
Your Price $12,500
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Sapphire and Diamond 17.38 Carat Necklace

13.85 Carat Gem Navy Blue Rare Sapphires
3.53 Carats Fine Diamonds

Retail $37,500
Your Price $15,500
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Ruby and Diamond 22.78 Carat Designer Necklace

17.68 Carats Deep Rubies
4.90 Carat Clear Diamonds

Retail $40,000
Your Price $17,500
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Designer Diamond Ten Carat Flexible Bracelet

10.20 Carats Diamonds
Handmade Hugh End Design
Available in White Gold

Retail 48,500
Your Price $19,500
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Ruby and Diamond 38.18 Ct Three Row Bracelet

33.18 Carats Rich Rubies
5.00 Carats Clear Diamonds

Retail $29,995
Your Price $12,500
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Our Most Popular Sapphire and Diamond Wedding/Anniversary Stackable Band

1.75 Carats Royal Blue Sapphires with Top White Brilliant Cut Diamonds

Available in every color 14kt and 18kt Gold and Platinum

Retail $7,500
Your Price $2,950
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Sapphire and Diamond Classic Pendant Design

2.15 carats Oval Sapphire and Fine Diamonds

18kt White Gold Setting and Safe Link Chain

Available in Ruby, Emerald, Tanzanite and in Yellow Gold

Retail $7,995
Your Price $3,500
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Dangling 3.57 Carats Earrings in 18kt Gold

True State of the Art Design

Available with Fancy Color Center Diamonds

Retail $20,000
Your Price $9,500
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Diamond 4.00 Carat Heart Pendant

Magnificently Brilliant Fine Diamonds

Classic Open Heart Design

Flexible Link Chain

Avail in White or Yellow Gold

Retail $20,000
Your Price $9,500
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Oval Emerald Diamond 6.30 Carat Elite Ring

5.13 Carat Deep Green Emerald with
1.17 Carats Diamonds
Handmade Platinum Ring

Retail $100,000
Your Price $43,500
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Emerald and Diamond 20.61 Carat Cuff Bracelet

10.95 Carats Lively Emeralds
9.66 Carats Elite Diamonds

Custom Halo Cuff Design

Retail $55,000
Your Price $24,000
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Emerald and Diamond 3.65 Ct Hanging Earrings in 18kt Gold

2.30 Carats Top Emeralds
1.35 Carats Diamonds
Handmade in White or Yellow Gold

Retail $19,995
Your Price $9,500
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Ruby Emerald Cut and Diamond Euro Lock Safety Earrings

2.36 Carats Elite Rubies and Diamonds in 18kt White Gold

Retail $10,000
Your Price $4,500
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Four Leaf Designer Diamond Stud Earrings

1/2 Carat Diamonds
Handmade in White or Yellow Gold

Retail $3,300
Your Price $1,500
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Diamond Round Illusion Stud Earrings

2/3 Carat Elite Diamonds
Handmade in Round or Oval Shape, White or Yellow Gold

Retail $4,000
Your Price $1,800
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Diamonds by the Yard Necklace
Available in all lengths, and carat weights16 inches .50 Carat $1,600
18 inches 1.00 Carat $2,300
18 inches 1.50 Carat $3,400
24 inches 2.50 Carat $5,950
30 inches 3.00 Carat $7,400
36 inches 1.50 Carat $4,400
36 inches 3.50 Carat $9,250
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GIA Certified Brilliant Round Diamond Halo NecklaceHUGE PRICE REDUCTION

Brilliant Round Diamonds Surrounded By Exact Matching Quality Round Diamods

1.00 Carat H Color SI1 Clarity $5,500
1.25 Carat I Color SI1 Clarity $8,800
1.50 Carat H Color SI1 Clarity $12,500
2.00 Carat I Color SI1 Clarity $18,500
2.50 Carat J Color SI1 Clarity $22,500
3.00 Carat I Color SI1 Clarity $32,500
4.00 Carat J Color SI1 Clarity $55,000
5.03 Carat J Color SI1 Clarity $84,500
Email Us!
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Search Our Loose Diamond Inventory
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We Offer My Clients the Finest Selection Of Diamonds, Engagement Ring Designs, And Custom Wedding Bands All At The Lowest Wholesale Prices!

My Exclusive Personal Consultation To You Includes:

* An informative lesson on the quality, pricing, and certification of diamonds.
* Locating the perfect, ideal cut diamond for maximum, spectacular brilliance.
* Finding and/or custom designing the perfect ring setting for the diamond.
* Advice on immediate protection by the least expensive insurance options.
* Advice on the actual proposal as its romantic significance will last a lifetime!
* A complete selection of custom designed diamond and men’s wedding bands.

Our promise is to always offer ideal cut diamonds that display maximum brilliance at all times. Round, Princess, Cushion, Asscher, Radiant Cuts in quality designs hand made in gold and platinum.

Call Keith directly at 212-719-2214 | 800-247-8478
Email Keith 
NYC Wholesale Diamonds
47 West 47th Street
Suite 3A
New York, NY 10036
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GIA and FIT trained, Keith has been a trusted high end diamond jewelry specialist for 36 years. He is the founder and president ​ of NYC Wholesale Diamonds Inc. He authors a blog at NYCDiamondBlog.com and has over 50 million views on TikTok. ​Keith has been named to The Diamond Council of America, is a member of tth Jewelers Board of Trade, and Jewelers of America​. He offers GIA Certified Ideal Cut Diamonds,​ state of the art Engagement Rings, and fine jewelry designs at low wholesale prices. Keith has been named the N.Y. Diamond District’s Favorite Jeweler by the N.Y. Post’s Savvy Shopper column, had his diamond education articles published, been recommended in the New York Times, national gift reporter Robyn Spizman’s ‘Perfect Present Guide’ and ‘The GIFTionary’, as well as having his Diamond Halo Engagement Ring design featured on ‘The Knot.’

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