The award-winning fine-jewelry store 47StCloseouts, located in the center of New York City’s Diamond District, specializes in diamonds. Engagement rings, diamond earrings, diamond necklaces, and bracelets all twinkle at shoppers from under the glass display cases. Offering customizable jewelry, certificates of authenticity, and colored diamonds, this jewelry store has an enormous selection and prides itself on some of the lowest prices in the district.