X

Man Makes a Living Scraping the Sidewalk for Gold and Diamonds

Believe it or not, the streets of New York really are paved with gold, but you have to get down and dirty to get your hands on it. For urban prospector Raffi Stephanian this isn’t an issue, just a great way to pay the bills.

Using only a Styrofoam cup, a butter knife and tweezers, 43-year-old Raffi scours the streets of New York’s Diamond District searching for gold, diamonds and other precious jewels. You’ve probably walked on 47th Street countless times and didn’t realize the riches that were right there in front of you, but don’t beat yourself up about it, Raffi was probably the only one who ever thought there was something valuable on the sidewalk. And that only because he worked as a stone setter, years ago, when he found gold scraps on the floor of a diamond exchange. He realized if he could find gold inside, then people must have carried it outside, as well.

The gold and precious stones industry is a hectic one, and you can see people running from one shop to the other, from a diamond supplier to a diamond dealer, and so on, and in the process, they drop tiny valuables without even realizing it. Most of the fragments found by Raffi Stephanian were carried into the streets by diamond merchants who accidentally picked them up on their clothes or on the soles of their shoes. He also finds platinum chips, loops from broken necklaces, watches or bracelets, all of which were dropped by mistake.

Read More »