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Samuelson’s Diamonds, the premier downtown diamond destination in Baltimore, Maryland was featured in National Jeweler Network’s Diamond Supply section on June 26th (last Friday:)
Baltimore–Last year, Ron Samuelson, chief executive of Samuelson’s Diamonds in Baltimore, bought an 8.5-carat brownish-yellow round diamond mounted in a men’s nugget ring from a customer who was seduced by the “sell your jewelry” offer on the store’s Web site.
“It was a big, ugly stone,” Samuelson recalls. “When we showed it to our cutter, he said, ‘Yeah, I could make this into a fancy yellow.'”
The resulting diamond, a 6.86-carat fancy-yellow radiant, is now part of the store’s inventory, and Samuelson is confident that when he eventually sells the stone, it will net him a tidy profit.
“I’ve almost eliminated my need for diamond dealers,” Samuelson says. “For every one person who wants to buy a diamond, 20 want to sell.”
As of this release, the ring is still available:
Samuelson’s Diamonds continues to offer its customers the best prices for used jewelry, gold, silver and diamonds.
The original article can be found here: ‘Recession brings glut of diamonds, but few buyers.‘