Category Archives: Diamonds

Merry Stiffmas

December 24, 2020 – 10:56 am

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 […]

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THE VALUE OF IGNORANCE by Peter Nolan Smith

June 2, 2020 – 1:45 am

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 […]

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The Bliss of Fake Bling

May 31, 2020 – 7:38 am

Tiffany’s on 5th Avenue has a very special return policy for its jewelry. “Go down to 47th Street to sell it.” Many other people seek to transform jewelry into cash on the busy block between 5th And 6th Avenues. Some are in possession of estates or family heirloom. A few are thieves, but many are […]

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RED HOT RED / Bet On Crazy by Peter Nolan Smith

January 20, 2020 – 7:16 am

Several years ago I was sitting with a mystical friend at Frank’s Lounge, watching the end of the Jets-Colts playoff game. Rooting for the New York team surprised Wilson. He knew my life-long ties to Boston and I told him. “If the Jets win, we get to beat them again and other than winning the […]

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BET ON CRAZY / The Blue Diamond Affair

November 7, 2019 – 11:05 am

In the autumn of 2008 Richie Boy opened our jewelry store in the Plaza Hotel’s Retail Collection. I thought we were going to coin a fortune. The Plaza was a legend. Rich people stayed there. It didn’t take me long to see a disaster looming on the horizon. The American economy was in the can […]

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