Category Archives: Diamonds

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 […]

HAPPY HEARTS by Peter Nolan Smith

Every Valentine’s Day diamond dealers and jewelers on 47th Street anticipate a mid-winter spending spree by lovers for their loved ones, yet year after year sales numbers have fallen by double-digits, as the economic downturn cut into the income of the middle-class. Diamonds might be a girl’s best friend, but not this year. Yesterday the […]

11:39PM

A little before midnight. Five years ago I worked at the diamond exchange of 47th Street. There are no customers on the winter solstice. Only the rich have money, Richie Boy had sold several big-money items to his wealthy friends. $260,000 for a magnificent sapphire for an investment banker, $190,000 for a stunning Fancy Yellow […]

SUKKOT / BET ON CRAZY

Ten years ago the Hassidim were hurrying home from the Diamond District. The High Holidays had come early this year with Sukkor coinciding with the ancient pagan festival of Mabon, which commemorates the autumnal equinox. Sukkor is not only a bridge across the Indus, but the festival honoring the 40 years during which the Hebrews […]

THE WRITING OF HISTORY by Peter Nolan Smith

The dead never come back to life and I know that since I’ve almost died on several occasions from motorcycle accidents, beatings, and chemical misjudgments, although none of these near-fatal incidents must not have been too serious, because my soul was never enveloped by the tunnel of light. When I returned to the USA from […]