Tag Archives: diamond district

THE VALUE OF IGNORANCE by Peter Nolan Smith

The 2013 Christmas season had been a disaster on 47th Street. Back in the 1990s I usually sold close to a quarter of a million in jewelry and my commissions provided a healthy six-month cushion for the winter, however in 2013 my sales from Thanksgiving to the Winter Equinox totaled less than $25000. After Xmas […]

Chuck Norris Ain’t Shit

The other day a young woman entered our diamond exchange to sell a diamond ring. I examined the goods. The stones were poor quality, but I saw about $500 in it. “Come with me.” I sherried her over to my friend. Eddie needed the business and I owed him $200 from a sale in early […]

BETTING THE OTHER WAY by Peter Nolan Smith

For centuries few good roads through the thickly forested hills of the Ardennes and Luxembourg served as a fortress against invading armies in Northern Europe. Steep cliffs surrounded the city and hundreds of troops could defend against the attack of thousands. Militarists called the citadel the Gibraltar of the North and in the autumn of […]

SNOW BUNNY by Peter Nolan Smith

This morning the snow fell in globs on 47th Street. A younger female co-worker was leaving early for the day. Hlove and I were staying late to inventory diamond goods for the upcoming Antique Show in Palm Beach. I helped Laani with her sheepskin coat and she said, “I like working with you, but you’re […]

OLD BROWNIE by Peter Nolan Smith

Yesterday was a quiet day on 47th Street. A winter snow was having its way with New York City. Snow piled up on the street. The porters had a hard time clearing the sidewalk and I was having difficulty looking busy. There was nothing to do. No one came into the store. No dealers, no […]