Category Archives: Diamonds

11:59PM

A little before midnight. On the Friday before Christmas I stopped by the diamond exchange on 47th Street. There are no customers before the booths. Only the rich have money and the vast majority had fled south for Florida or St. Bart’s. Richie Boy was working with a wealthy friend. He was asking $260,000 for […]

SUKKOT / BET ON CRAZY

Two years ago the Diamond District on 47th Street was dead on the high holiday of Sukkot. All throughout the shetls of Williamsburg families were commemorating the Hebrews’ wandering in the desert after the Exodus in Egypt by setting up sukkahs or outside dwelling to symbolize the tents on that decades-long journey to find someplace […]

BET ON CRAZY – THE FOUR CS By Peter Nolan Smith [Kindle Edition]

In 1990 a friend in the New York’s Diamond District asked me to help him at his exchange. I knew nothing about diamonds other than Superman could squeeze coal to create them. Coal was a diamond after intense pressure changed its density. At first that was all I knew, but I slowly learned about the […]

BET ON CRAZY by Peter Nolan Smith / The 4Cs – Color

The last week of January I was hurrying down the sidewalk on West 47th Street. I had been on the job since my friend Richie Boy had busted both his knees skiing at Jackson Hole. My watch read 9:35. I was late for the third time this week and it was only Wednesday. Lenny the […]

BET ON CRAZY / CARAT WEIGHT by Peter Nolan Smith

The day after Christmas Manny’s longtime partner, Lee, was showing a 7.04 Cushion Cut Round Diamond to a retired couple from West Palm Beach. The sixtyish woman wore a fashionable Dior outfit, though her nasal accent betrayed Brooklyn roots with an envious coo, “I don’t know, it’s so bigggg!” Her husband’s skin color of an […]