Category Archives: Diamonds

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 […]

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 […]

Merry Stiffmas

In December of 2009 the jewelers on 47th Street were counting on a big buying spree to recoup from the Great Recession, however the nation’s zombie economy had exiled the masses from luxury purchases gold and diamonds. Only the rich had money and Richie Boy had more than his share of the upper class. One […]

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 […]