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The strip of
47th Street between Fifth and Sixth avenues is known as the Diamond District
. Crammed into this one block are more than 100 shops: combined they sell more
jewelry than any other block in the world. The industry has traditionally been
run by Hassidic Jews, and you'll run into plenty of black-garbed men with
payess (sidelocks) here.
Some good starting points are Andrew Cohen, Inc (579 5th Ave, 15th
floor), for diamonds; Myron Toback (25 W 47th St, a trusted dealer of silver findings; and Bracie Company Inc (608 5th Ave, suite 806), a
friendly business specializing in antique and estate jewelry. Once you
buy, there's AA Pearls & Gems (10 W 47th St), the industry's choice for
pearl and gem stringing; and, if you want to get your gems graded, the
Gemological Institute of America (580 5th Ave, 2nd floor).
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