"Diamonds & Decay" is a track composed and carried out by Joan Baez - it was released in 1975, yet had definitely been written the previous November.

In the tune, Baez runs down an out-of-the-blue call from a former lover, which sends her a many years back in time, to a "crummy" hotel in Greenwich Community; she recalls providing him or her a set of cuff-links, as well as summarizes that memories bring "diamonds and rust".

The song, which was a top-40 hit for Baez on the UNITED STATE pop singles chart, is related to by a variety of nit-pickers, in addition to by Baez fans, as one of her ideal compositions. It served as the title track on Baez's gold-selling Diamonds & Rust project in 1975. The track means Baez's connection with Bob Dylan ten years before.