(Closed) Buying diamond on NYC all the advice you can give!

posted 3 years ago in Rings
Post # 2
Member
662 posts
Busy bee

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cabowedding2019 :  do you’re research beforehand!!!!

I can’t tell you how many garbage diamonds I’ve been shown for a premium price, thank god I knew better. I’ve known too many people who blindly listen to these jewelers and they get totally swindled. 

Definitely learn about the “4 C’s”, also get ideas of pricing online of what you can expect to get within your budget so you know what to expect. The stores may even price match sometimes, I’ve heard of it before.

If the price seems too good to be true ask questions (is it a lab diamond, clarity enhanced, etc.)!

Also take pictures if they’ll let you and keep a log of the specs/prices of each stone so you can look back and weigh options!

Good luck!!

Post # 3
Member
343 posts
Helper bee

Diamond district! I think it’s 47th street but I’d check on google. Definitely shop around and don’t settle. 

Post # 4
Member
343 posts
Helper bee

I want to amend my previous response by saying it might be worth hopping over the bridge to NJ while you’re looking. Our prices and sales tax are lower lol

Post # 5
Member
27 posts
Newbee

Iannelli Diamonds! They are incredible!! So kind, honest, and trustworthy! We refuse to shop anywhere else in NYC! 

Post # 6
Member
348 posts
Helper bee

I live in NYC and was not impressed with any of the jewelers I went to in the diamond district. I personally found that shopping online was way more my speed- I hate pushy salespeople and I like to be able to objectively compare things (in this case, GIA reports, specs, and the 360 TrueView pictures). Plus we have an 8.99% sales tax, so savings are kind of negligible unless you can get your diamond shipped to your home rather than carrying it out when you leave.

Post # 7
Member
1423 posts
Bumble bee
  • Wedding: March 2018

Was going to comment that it’s not all that great plus the sales tax. But I see other posters have beat me to it & that’s my assessment too. Shop online if you can! And if you must look at stones in person and they are graded be sure to jot down the identifying lab numbers-chances are that stone is being sold somewhere else too, without the nyc markup. Never understood why ppl want to buy in ny-our taxes are insane and overpriced especially in the city. I will say if you guys are coming in from overseas it *might* be worth it, but if you aren’t I’d skip it. Good luck!

Post # 8
Member
42 posts
Newbee

NYC tax will be sooo high on your e-ring! i’m from ny and me and my fiancé went to a diamond district and although a lot of places won’t allow this but this place we paid my full ring in cash to avoid the taxes, we saved over 7k by doing that- i deff suggest really knowing your diamonds before hand and definitely don’t buy a diamond online! you should always look at it in person before buying

Post # 9
Member
187 posts
Blushing bee

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lulun :  paying in cash to avoid taxes is illegal. Don’t do that.

 

MANY diamonds sold in the diamond district are “clarity enhanced” and are worth far less than even their “low” retail price. And the diamond district is not exactly a pleasant shopping experience. I’d buy online if I were looking for the best deal on a loose stone.

Post # 10
Member
42 posts
Newbee

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pcosbee :  we know it’s illegal, a family member of mine owns it so it was the easy way out for us to avoid taxes and make sure we were getting the best we could for our money and it worked out great for us 

Post # 11
Member
707 posts
Busy bee

I bought my diamond from the diamond district.. there are definitely good stores with trust worthy sales etc but you have to look around first and come with your research done. My advice is shop on 47th st closer to 5th ave.. the closer you get to 6th ave, the shadier the shop’s are. Also, avoid those people on the streets asking you to buy diamonds.. they take you to shops upstairs who rip you off and give them commission. Also, the best prices will come from “offices” that’s in buildings, not on street level. Those are just some tips. And about sales tax, I shipped it to jersey so did not pay any tax on it it was overnight shipping with early morning delivery even on weekends (most shops will definitely over night it) so it’s worth it to book a hotel in nj for even one night to save the taxes and it’s literally just across the river.

Some of the jewelers I would recommend are:

-Stephanie gottlieb 

-id jewelry (very good prices and not shady lol)

-ring concierge

-Michael F & co

-J. Birnbach

good luck!! The diamond district truly has a lot of good deals if you know where to look and know what to look for! 

Post # 12
Member
241 posts
Helper bee
  • Wedding: July 2008

FWIW, my father-in-law (now retired) was once a diamond district jeweler on 47th. 

A couple of things to keep in mind:

1)  Not all of the jewelers are aggressive, some of them are nice people (like my FIL), but when you first walk in the crazy aggressive ones are located near the front.  Make your way toward the back.  The diamond district culture is kind of sleazy if you allow yourself to go near the sleazeballs.  But if you head toward the middle and back of the place, they are less in your face.

2)  You can get a good deal on your diamond if you are comfortable with haggling.  Booths are far less expensive to maintain than a brick and mortar store so obviously these jewelers have more mobility on how far they’re willing to haggle.  They aren’t going to name a great price from the outset, just know that from the start.  Get your haggling face on.

3)  Don’t be shy about bringing a printout of diamond prices and specs you got online.  Great haggling tool.

4)  I personally would rather try on a diamond before I buy it.  So even if you decide you don’t want to buy from the diamond district, it’s a great opportunity to try on a bunch of diamonds to see what works for you.  Then you can buy it online.

Hope this helps and good luck!

Post # 14
Member
21 posts
Newbee

My Fiance and I went to NYC to look for an engagement ring. We visited the diamond district as well as several vintage jewelers; I was dead set on getting a vintage ring. As far as the diamond district goes, be prepared for pushy, sketchy, salespeople and overpriced goods. If you like taking your time and weighing your options, this will be impossible there.

We did, however, find a lot of gorgeous rings at several different vintage jewelry stores (not in the diamond district), but found them to be quite expensive. I guess these prices can be attributed to the high cost of operating a store in NYC.

Needless to say, we did not get my ring in the city. We ended up finding a lot of lovely options for much better prices in NJ. I would recommend going to NYC for the experience and to get a better idea of what you like, but I definitely wouldn’t buy anything there.

Your best bet is probably to search online. If I was buying a diamond separately like you two are, I would purchase from jamesallen.com. Good luck!

Post # 15
Member
23 posts
Newbee

James Allen has an office in NYC where, after selecting your top 3 stones online, you can make an appointment and view them with their in-house gemologist. That was what I did for my friend when they were ring shopping (I am a diamond cut nut so they left it to me after telling me what their criteria was).

ID Jewelry as well as Brilliantly Engaged are both in NYC and known for pretty good service as well, so worth looking into.

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