Category Archives: Diamonds

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

February 14, 2025 – 4:18 am

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 […]

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11:59PM – bet on crazy 2016

December 21, 2024 – 8:04 am

The Friday before Christmas was the Winter Solstice. I stopped by the diamond exchange on 47th Street. There were no customers in sight. Only the rich have money and the vast majority of the .00001 had fled south for Palm Beach or St. Bart’s. Richie Boy was working with a wealthy friend, asking $260,000 for […]

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BET ON CRAZY / Naked Women

December 10, 2024 – 1:22 pm

Published 2008 Rough diamonds are predominantly mined from volcanic vents in Africa, Australia, Russia, and Canada. After that process separated into parcels for the London sight-holders, who have the stones cut in Antwerp, Israel, or India. The finished products are divvied out to various diamond brokers and then brought over to various diamond markets across […]

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SHAWALLAGAH PA. – BET ON CRAZY

November 25, 2024 – 9:54 am

First published 2008 Thanksgiving Day plus One started the Holiday season on West 47th Street. Accordingly the majority of the ground floor exchanges extend their operating hours and stay open every ding-dong day until Christmas. Throughout the week regular customers and natives to New York flock here, but on the weekends they are replaced by […]

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MAKE NICE / Bet On Crazy by Peter Nolan Smith

November 14, 2024 – 5:07 am

Published on: Nov 4, 2011 The Diamond District on West 47th Street was a closed community. Family histories have been intertwined by marriages and business deals. The smiling faces on the surface hid the turbid conflict behind the scenes. My boss, Manny, and his son, Richie Boy, followed the Corleone tradition of never laundering family […]

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