Since 1941, Diamond District Loans has been a pillar of trust and expertise in New York City's historic Diamond District. Four generations of family tradition, blending timeless values with modern service.
Our story begins in 1941 with the establishment of our first location on the Bowery. Starting with just a small counter, we built our reputation through honest dealings, expert appraisals, and a commitment to exceptional service.
As one of the original businesses in what would become New York's Diamond District, we helped establish the area's reputation for excellence and trust. Through the post-war boom, we provided crucial financial services to returning veterans and growing families.
The 1960s marked our move to 47th Street, the heart of the Diamond District. Under the leadership of David Weibman, we expanded our services and introduced innovative lending practices that set industry standards.
During this period, we became one of the first firms to offer specialized loans for rare coins and timepieces, establishing ourselves as pioneers in collateral lending for luxury items.
The late 1980s saw the introduction of cutting-edge security systems and our signature instant funding service. Under current leadership, we've combined our traditional expertise with modern technology to provide unparalleled service.
Today, we maintain the largest secure vault facility in the Diamond District, while offering instant digital appraisals and same-day funding options that meet contemporary needs.
Four generations later, we remain true to our founding principles while embracing innovation. Our team includes GIA-certified gemologists, expert numismatists, and luxury watch specialists, many of whom have been with us for decades.
We're proud to be New York's most trusted name in collateral lending, combining our 80+ years of experience with a commitment to meeting the needs of today's clients.