Amsterdam - Diamonds

 
For many people Amsterdam is not only a gem of a city but the city of gems, in which diamonds have been cut and traded for many centuries. The city's diamond industry came into being in the 16th century. The exact date of its establishment is taken to be 1586, so that Amsterdam was able some years ago to celebrate its 400th anniversary as the city of diamonds.

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The development of the industry was promoted by refugees, including many diamond- cutters, from what is now Belgium who left home to escape religious persecution and settled in the Netherlands. Later periods brought both prosperity and setbacks. Around 1750 there were only some 600 craftsmen employed in the trade, but the discovery of diamonds in South America, particularly in Brazil, led to a great upsurge of activity, and when diamonds were found in South Africa in 1867, and thereafter were mostly cut in Amsterdam, the city developed into one of the world's leading centers of the diamond trade.

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