Diamond Club West Coast Inc

What Diamond Club West Coast Inc does

Diamond Club West Coast, Inc. (DCWC) is a 501(c)6 non-profit trade association founded in 1946 and headquartered at 550 South Hill Street in downtown Los Angeles' Jewelry District. The organization serves approximately 275-276 vetted members — primarily wholesale diamond and gemstone dealers, jewelry manufacturers, second-hand jewelers, and an expanding base of retailers — through an application process that includes KYC verification, interview, and 30-day review. Core member services include on-site synthetic diamond screening using dedicated machines, private WhatsApp and Facebook trading channels, mediation and arbitration services, and complimentary insured shipping to GIA and AGS laboratories via an exclusive arrangement with Malca Amit (insured up to $25,000 per parcel, twice weekly). DCWC has been an official affiliate of the World Federation of Diamond Bourses (WFDB) since 1980, granting members reciprocal access to 31+ global diamond bourses handling approximately 95% of mined diamonds worldwide.

The organization generates revenue primarily through $1,000 annual membership dues, supplemented by event fees from monthly luncheons, weekly Wednesday Morning Mingle events, the 6th Annual Summer Soiree Mega Mixer, and the multi-association Los Angeles Jewelry Trading Day co-hosted with IDCA and Jewelers of America. Its go-to-market is community-led: growth occurs through industry word-of-mouth, networking referrals, and member-sourced referrals rather than traditional sales channels. The board-led governance structure comprises 15 board members serving two-year terms under President Kalpesh Jhaveri, with a small operating team of 1-10 employees including Office Manager Radhika Malhotra.

DCWC positions itself as the fastest-growing club within the WFDB network, with double-digit membership growth during a challenging diamond market. Its strategic differentiation rests on physical infrastructure (the 25-year flagship office in the second-largest US jewelry hub, screening equipment), institutional partnerships (WFDB, GIA, AGS, Malca Amit, Jewelers Mutual, IDCA, Jewelers of America), and a curated trust framework (KYC, arbitration, delinquent list) — rather than on proprietary technology or AI capabilities. The organization does not offer software products, APIs, or AI-driven services.

Name

Diamond Club West Coast Inc

Legal name

Diamond Club West Coast, Inc

Website

https://diamondclubwestcoast.com

Company type

Private

Founded year

1946

Operating status

Operating

Headcount range

1–10 employees

Short description

Diamond Club West Coast is a 501(c)6 non-profit trade association serving 275+ vetted diamond dealers, gemstone dealers, jewelry manufacturers, and retailers in the LA Jewelry District, offering synthetic screening, trading channels, mediation, and WFDB global bourse access through $1,000 annual memberships.

Ownership category

akta.pro rank

Product category

Diamond and Jewelry Trade Association Services

NAICS

Business Associations (813910), Jewelry Retailers (458310)

SIC

Services-Membership Organizations (8600), Wholesale-Jewelry, Watches, Precious Stones & Metals (5094)

akta.pro primary industry

Diamond & Gemstone B2B Exchanges/Marketplaces (CRAKAJAJ)

Keywords

• Diamond trade association
• Jewelry trade membership
• Synthetic diamond screening
• Trade dispute arbitration
• Diamond bourse services

Headquarters

HQ city

Los Angeles, California

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Infrastructure, Others

Revenue model

1. Membership Dues: Annual membership fee of $1000 per year covering all DCWC perks and services including synthetic diamond screening, shipping to GIA/AGS, WhatsApp trading channels, and access to mediation services.
2. Event Fees: Revenue from hosting trading events and mixers, with some events offering free admission for qualified buyers while others may have associated fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Diamond Club West Coast operates a 501(c)6 non-profit membership organization for the diamond, gemstone, and jewelry trade, providing $1,000/year members with access to two synthetic diamond screening machines, private WhatsApp and Facebook trading channels linking to 31+ global WFDB diamond bourses, mediation and arbitration services, complimentary insured shipping to GIA and AGS via Malca Amit, monthly industry luncheons, and weekly networking events from its Los Angeles Jewelry District headquarters.

Product overview

Diamond Club West Coast is a 501(c)6 non-profit trade organization providing member services to diamond and jewelry merchants. The organization does not offer a software product or technology platform. Services include: synthetic diamond screening (using dedicated screening machines), trading facilitation via WhatsApp and Facebook channels, mediation and arbitration services, complimentary shipping coordination to GIA and AGS through Malca Amit, informative monthly luncheons with industry presenters, and weekly Morning Mingle events. Members have access to an office in the LA Jewelry District and WFDB affiliate membership providing access to 30+ global diamond bourses.

Differentiator

Problem solved

Functional benefit

Products and services

• DCWC Annual Membership
• Synthetic Diamond Screening Service
• Mediation and Arbitration Services
• Complimentary Shipping to GIA and AGS via Malca Amit
• WhatsApp and Facebook Trading Channels
• Industry Trading Events and Luncheons

Quantifiable outcome

• Fastest growing WFDB club
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• World Federation of Diamond Bourses (WFDB)coreStrategic or Co-development PartnerDCWC is an official affiliate of the WFDB (affiliate since 1980), the apex organization of diamond dealers and manufacturers of the world. Through this affiliation, DCWC members can access 31+ WFDB Diamond Bourses globally. Globally, 95% of all mined diamonds are handled by WFDB members.
• Malca Amit USA, LLCcoreStrategic or Co-development PartnerDCWC has an unparalleled arrangement with Malca Amit for complimentary shipping to and from GIA (insured up to $25,000/each) on Tuesdays and Thursdays. This service is only complimentary when dropped off and picked up at the 550 S. Hill location. Malca Amit is also a DCWC member company.
• GIA (Gemological Institute of America)coreStrategic or Co-development PartnerDCWC provides complimentary insured shipping to GIA through Malca Amit arrangement. GIA representatives present at DCWC monthly luncheons to provide educational content to members.
• AGS (American Gem Society)coreStrategic or Co-development PartnerDCWC provides complimentary insured shipping to AGS through Malca Amit arrangement. AGS representatives present at DCWC monthly luncheons.
• Jewelers Mutual GroupminorStrategic or Co-development PartnerJewelers Mutual Insurance presents at DCWC monthly luncheons, providing insurance information and services to DCWC members. Jewelers Mutual is also a DCWC member company.
• IDCA (Indian Diamond & Colorstone Association)coreStrategic or Co-development PartnerDCWC co-hosts major events with IDCA including the Los Angeles Jewelry Trading Day (August 24, 2026) and other industry events. IDCA brings together diamond and colored gemstone traders.
• Jewelers of America (JA)coreStrategic or Co-development PartnerDCWC co-hosts major events with JA including the Los Angeles Jewelry Trading Day (August 24, 2026), DCWC x JA Educational Day (October 28, 2026), and other trading events. JA represents jewelers across the US.
• PolygonminorStrategic or Co-development PartnerPolygon diamond trading network mentioned in Los Angeles Jewelry Trading Day event as one of the industry groups connecting at DCWC trading events.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• World Federation of Diamond Bourses (WFDB): The global umbrella federation of which DCWC is a US affiliate; WFDB coordinates 30+ national/regional diamond bourses covering ~95% of mined diamonds, making it the closest structural counterpart to DCWC but at global rather than regional scope.
• American Gem Society (AGS): US trade association of credentialed jewelers; DCWC provides complimentary shipping to AGS and hosts AGS presenters at luncheons, making AGS a directly comparable US trade-association peer in the same jewelry value chain.
• Antwerp World Diamond Centre (AWDC): The Antwerp diamond bourse and industry body — the historical center of global diamond trade; AWDC operates at a much larger scale than DCWC but with a comparable mandate of facilitating diamond trade, arbitration, and standards.

Direct peers

• Jewelers of America (JA): National US trade association for jewelry retailers and the broader trade; DCWC co-hosts events with JA (e.g., LA Jewelry Trading Day, Educational Day), making JA the most directly comparable trade-association peer in the US jewelry ecosystem.
• Diamond Dealers Club of New York: The historic NYC diamond bourse and a fellow WFDB affiliate; serves a closely analogous member base (NYC diamond dealers, manufacturers) with overlapping services (trading floor, arbitration, networking), making it the most direct US regional peer.
• Indian Diamond & Colorstone Association (IDCA) - New York: US-based trade association for Indian-American diamond and colored gemstone dealers; DCWC co-hosts major events with IDCA, and the two organizations have closely overlapping member profiles (wholesale diamond/colored gemstone dealers in the US).

Others

• Jewelers Mutual Group: Specialty insurer for the jewelry industry and a DCWC member/partner that presents at monthly luncheons; while not a trade association, Jewelers Mutual occupies an adjacent 'industry services' position serving the same member demographic.
• Gemological Institute of America (GIA): Core industry partner to DCWC (luncheon presentations, complimentary shipping); as the dominant gemological grading authority, GIA is an ecosystem enabler that anchors the credibility infrastructure DCWC's members rely on.

Regional players

• Israel Diamond Exchange: Major diamond bourse in Ramat Gan; a fellow WFDB affiliate serving a different geography. Comparable member services (trading floor, mediation, bourse access) but operating in a non-overlapping region relative to DCWC.

Emerging players

• Polygon: Diamond trading network/platform that participates in DCWC's LA Jewelry Trading Day; Polygon represents the digital marketplace peer that could partially substitute for traditional bourse-style trading infrastructure.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/DiamondClubWestCoast
• LinkedInlinkedin.com/company/diamond-club-west-coast-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Diamond Club West Coast Inc