Category Archives: Bet On Crazy

FREE THE WORLD

In 2011 gold soared to record prices and every day a steady flow of customers entered our diamond exchange on West 47th Street to sell their precious jewelry and family heirlooms. They were of all ages, nationalities, and races. Most of them were honest, but buying stolen merchandise or swag was a crime. Richie Boy, […]

May Day

May Day 2015 I was sitting at my desk in the Fort Greene observatory. I knew today was an important labor holiday, but I wish that I was working and said so yesterday to my old boss from the Diamond District. “I wish I could give you a job, but there’s no business,” apologized the […]

THE EXTERMINATING ANGEL OF PASSAICH by Peter Nolan Smith

When Cecil B. DeMille’s THE TEN COMMANDMENTS was released in 1956 and its box office success earned the cinematic retelling of Exodus over $180 million dollars. In 1962 Paramount Pictures re-released the film for screenings at drive-ins across the nation and my father loaded my brothers and sisters into our Ford station wagon to view […]

Memories Of Palestine

Several years ago I was getting gold chains on 47th Street to show a customer at the Plaza Hotel store opened by Richie Boy. Business was slow at the exchange and the older gold dealer asked with a Levantine accent, “Where are you from?” “Boston.” No one in the Diamond District had ever asked my […]

St. Valentine’s Day Massacre / BET ON CRAZY by Peter Nolan Smith

Every Valentine’s Day diamond dealers and jewelers on 47th Street anticipated a winter spending spree by lovers for their loved ones, but each year of the 21st Century the sales numbers dropped drastically, as the economic downturn cut into everyone’s surplus, but the rich. Valentine afternoon in February 2011 shoppers crammed the chocolatiers along 5th […]