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Ch. 7: Diamonds come to America

Ch. 7: Diamonds come to America Page of 281 Ch. 7: Diamonds come to America Text size:minus plus Restore normal size   Mail page  Print this page
FIRE IN THE EARTH
Miami, Los Angeles, etc. I could name many more cities, and justifiably so in order to stress the point that New York is not the only great diamond "center" in the United States. For instance, in gross retail diamond sales the New York metropolitan area is hardly as important as the oil country of the Southwest.
Forty-seventh Street and Rockefeller Center form the aristocratic heart of the diamond-dealing world. But there are other important arteries that reach, so far as New York is concerned, downtown, centering upon the Diamond Deal­ers Club, which sprawls over an entire floor of a building in narrow and bustling Nassau Street. Ordinarily, you can't get in unless you are a member. Once inside you realize why it is more exclusive than all the clubs on Fifth Avenue and Park Avenue combined.
It is a casual place, and business is done casually. It has an Old World air about it. Men sit at tables and sip coffee and munch sandwiches served from the club kitchen. These men are dealers. Most of them are refugees. They are the men who put fortunes in diamonds into brief cases and packages and escaped Europe's modern reigning terror. Strangely, they are not the conservatively but expensively dressed men you see in West 47th Street or Rockefeller Center. They belong to the fringes of the trade. They have goods to sell—diamonds. Here is a man with a large mustache and a broken accent. He sips his coffee, eats his sandwich, brings out a paper package, unfolds it. Lying on the paper are several stones, some small, some large. If they are extremely small—of the melee size—the man across the table becomes immediately interested. He knows you can get plenty of the "sizes," but it is difficult to obtain the melee.                                                 
He takes up one of these stones and trains his "loupe"
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Ch. 7: Diamonds come to America Page of 281 Ch. 7: Diamonds come to America
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