Diamond market in USA

In the last three years the USA diamond and jewelery market dropped from 61.6 billion dollars in 2007 to 59 billion dollars in 2009.
Until 2008, 400 diamond and jewelery stores was closing each year. In 2008 that number is 4.5 times bigger. In 2008 1800 jewelery stores was closed. In 2009 according to the JIRI (Jewelry Industry Research Institute), 750 to 1500 diamond jewelery stores were closed. In the new jewelery retail reality only Wall Mart is doing good with the biggest market share in the USA diamond and jewelery retail business.

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Madison Avenue Diamond Robbery

NYPD is helpless and FBI joining the investigation about the notorious robbery of the jewelery store at Madison Avenue. In this violent robbery, thief shot the jewelery store employee and escape with diamond jewelery worth more than $1.200.000.

Masked thief in the middle of the day enter the jewelery store and demanded the diamond jewelery. He shot the elderly man and continued with the robbery. 

Thief took near 700 gems and the loot was so heavy so he throw away the box with Faberge Egg.

The thief took a $105,000 diamond necklace, $75,000 ruby-and-diamond necklace and a $65,000 diamond necklace. Most of the jewelery is encrusted with rubies, diamonds and sapphires, and range in price from $15,000 to $35,000.