Buying from Diamond District in NYC?

[messikens]

I live in NYC and wondered through it many times. Honestly though with the amount of competition there MUST be good deals to be had, no?

Not saying I'd know how to spot them, but can a bajilllion of these shops just survive on the innocent tourists?

[Incroyable12]

Originally Posted by messikens

I live in NYC and wondered through it many times. Honestly though with the amount of competition there MUST be good deals to be had, no?

Not saying I'd know how to spot them, but can a bajilllion of these shops just survive on the innocent tourists?

I don't think most of these shops sell to tourists. Many of them only deal with trade clients.

A lot of them are located in tiny offices in upper floors of obscure office buildings. Some of these dealers won't even let you visit them without you providing several references from other dealers.

[KY..]

Originally Posted by messikens

I live in NYC and wondered through it many times. Honestly though with the amount of competition there MUST be good deals to be had, no?

Not saying I'd know how to spot them, but can a bajilllion of these shops just survive on the innocent tourists?

Originally Posted by Incroyable12

I don't think most of these shops sell to tourists. Many of them only deal with trade clients.

A lot of them are located in tiny offices in upper floors of obscure office buildings. Some of these dealers won't even let you visit them without you providing several references from other dealers.

Same thing applies in downtown Los Angeles Jewelry District which has a lot of watch dealers.
Many typically are seen by appointment.
I’ve dealt with a few of them in the past to offer trade-bait for deals, or you can buy direct, or even mix and match.
Direct interaction with dealers can be better if you are informed/prepared and know how to wheel and deal, “per se”.

[newguy3912]

Originally Posted by Incroyable12

I don't think most of these shops sell to tourists. Many of them only deal with trade clients.

A lot of them are located in tiny offices in upper floors of obscure office buildings. Some of these dealers won't even let you visit them without you providing several references from other dealers.

yup, I know a ton of action happens behind the scenes. I actually but my wedding ring from one of these upper floor vendors through a connection. but for the Rolex, I'd be stuck going to one of the retail stores on the ground floor..