NAICS Code 458310-06 - Diamonds & Jewelry Bought (Retail)

Marketing Level - NAICS 8-Digit

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NAICS CODE 458310-06
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NAICS Code 458310-06 Description (8-Digit)

The Diamonds & Jewelry Bought (Retail) industry involves the retail sale of diamonds and other precious stones, as well as jewelry made from these materials. This industry includes both brick-and-mortar stores and online retailers. The primary focus of this industry is on the sale of finished jewelry items, such as rings, necklaces, bracelets, and earrings, but it may also include loose stones and other related accessories.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 458310 page

Tools

Tools commonly used in the Diamonds & Jewelry Bought (Retail) industry for day-to-day tasks and operations.

  • Diamond tester
  • Gemological microscope
  • Jewelry scale
  • Loupe
  • Diamond and gemstone tweezers
  • Ultrasonic jewelry cleaner
  • Jewelry polishing cloth
  • Ring sizing tool
  • Jewelry pliers
  • Jewelry saw

Industry Examples of Diamonds & Jewelry Bought (Retail)

Common products and services typical of NAICS Code 458310-06, illustrating the main business activities and contributions to the market.

  • Engagement rings
  • Wedding bands
  • Diamond necklaces
  • Gemstone bracelets
  • Pearl earrings
  • Birthstone jewelry
  • Diamond tennis bracelets
  • Vintage brooches
  • Diamond stud earrings
  • Men's watches

History

A concise historical narrative of NAICS Code 458310-06 covering global milestones and recent developments within the United States.

  • The history of the "Diamonds & Jewelry Bought (Retail)" industry dates back to ancient times when jewelry was used as a symbol of wealth and status. The first recorded diamond engagement ring was given in 1477 by Archduke Maximilian of Austria to Mary of Burgundy. In the 1800s, the discovery of diamonds in South Africa led to a significant increase in the supply of diamonds, which made them more affordable and popular. In the United States, the industry experienced significant growth in the 20th century, with the establishment of iconic jewelry brands such as Tiffany & Co. and Cartier. In recent years, the industry has faced challenges due to the rise of lab-grown diamonds and changing consumer preferences towards sustainable and ethical jewelry.