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How the Trade Actually Works

Which grades change how a stone looks, which only change the price, and what the people selling them would rather you did not know.

Loose round diamonds on pale stone, one held in tweezersBuying Diamonds in New York City: A Complete GuideThe Diamond District, the Fifth Avenue houses, independent jewelers or online: what each is good for, and the checks that protect you wherever you buy a diamond in New York.7 min read · Updated September 29, 2026Read the story

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