CEO, Gemologist, and Appraiser
Fima Kandinov has been appraising and dealing with fine jewelry and watches for more than three decades. He evaluates gems on a GIA level. Even more impressive, he has managed to survive and thrive in the competitive world of Manhattan’s Diamond District for more than 20 years.
The key to surviving 20 years on 47th Street? Honesty and integrity, Kandinov says. You have to know your stuff, move quickly, and be willing to adapt to the ever-changing markets and consumer behavior. Accumulate a few satisfied customers and people will spread the word.
An established business like Luriya is a diamond in the Diamond District rough. “It’s hard to spot a dishonest dealer since the customer is not a jewelry expert and may be easily misled as to the value of his pieces,” Kandinov says. “It’s always better to deal with a reputable dealer that has been in the business for a long time.”
CFO and Marketing Director
Representing the second generation of his family’s business, Mark is responsible for operations, finance, and marketing. With a degree in finance and extensive experience with web marketing, Mark believes forward thinking gives Luriya an edge but that its success comes down to good, old-fashion trust.
Manhattan’s famous Diamond District is a tight-knit community. “You won’t last long if you aren’t trustworthy,” Kandinov says. “We’ve been in the same spot for 20 years. Every retailer and wholesaler here knows us.
“If you’re going to business long term, you have to build relationships and a reputation for being trustworthy. The Diamond District is one block long, but we do business all over the world.”
Do you have gold, jewelry, or watches you’re thinking of selling? Feel free to stop by for a free estimate. Let our experts help you find a fair price.