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December 20, 2010

Tips on Buying An Engagement Ring

Ron talks about properties of diamonds, what to look for when you’re buying an engagement ring and shows a princess cut, emerald cut and round cut diamond. Notice the Paul Reed Smith Custom 22 guitar in the background, made in Maryland!

We buy and sell diamonds and engagement rings in Baltimore, Maryland, Washington DC, Pennsylvania and Northern Virginia!

December 15, 2010

Sell Gold Coins Baltimore, Maryland, Washington DC, Northern Virginia

We made a video about selling gold coins and what to look for when you are buying gold coins. Whether you’re in Baltimore, Maryland, Washington DC or Northern Virginia, we pay the most for all gold coins.

Take a look at this video for tips:

December 11, 2010

Video: Samuelson’s Diamonds Mission

We shot a few videos last week on buying and selling diamonds, selling your silver, selling your gold coins, buying engagement rings and this one about our family and store with my father Steve – we’ll be posting more next week, but check out this special video:

December 4, 2010

Engagement Rings In Baltimore, Maryland

We took a really cool shot (with an iPhone) of some engagement rings we have for sale here in our Baltimore location. It features: (from top to bottom)

Stack Of Bling!

Stack Of Bling!

3.50 carat Round Diamond flanked by two baguettes

1.69 Fancy Brownish Yellow Diamond in a custom setting

1.50 Princess Cut Diamond in a Cathedral ring

3.02 Carat Emerald Cut Diamond in Platinum with two trapezoids

2.07 Carat Radiant Cut Diamond in White Gold

So if you’re looking for engagement rings in Baltimore, Maryland, Washington DC, or Northern Virginia, please come by and take a look at the best selection, prices and personal service!

November 18, 2010

Baltimore Sun Features Samuelson’s Diamonds Fan Page

Our international Diamonds Facebook Fan Page, “DiamondFans”, was just featured in the Baltimore Sun Business Tech section. We just cruised past 500,000 fans and were honored to receive this great write up. Special thanks to Gus Sentementes. Here’s a clip from the article:

Diamond Fans Unite on Facebook – thanks to a Baltimore Jeweler

One of the most popular destinations on Facebook with ties

DiamondFans

DiamondFans

to Baltimore isn’t connected to a sports team or a national brand, but to a downtown jewelry shop.

Ron Samuelson, of Samuelson’s Diamonds on West Baltimore Street, operates the “Diamond Fans” page on Facebook, which recently surpassed more than 500,000 fans and is now the largest jewelry page on the social media site…

Samuelson claimed the “Diamond Fans” page about 2 1/2 years ago, and he has been diligently updating it with photos and links to news, facts and trends in the world of diamonds. He does occasional promotions through the page for products for sale at his Baltimore store — but pushing advertising about his business isn’t the main purpose of the page, he said.

Instead, Samuelson is using the page to build a worldwide community of fans of diamonds, who incidentally might choose to buy jewelry from his store. He regularly polls the fans of the page to gauge changing tastes and trends in jewelry. For instance, do they prefer yellow or white gold, or platinum settings?

His Facebook fans can tell him which kinds of products to focus more on selling in his bricks-and-mortar store, he said. Online revenue from leads generated from the Facebook page is still small, he said.

“This page, much like social media, is not about pushing deals in people’s faces,” Samuelson said. “Much like any other medium, it’s all about establishing trust and communicating with people, and then the business comes.”

Please click here for the entire article. Samuelson’s Diamonds remains committed to being a leader in social media trends and bringing you the best in customer interaction, community building and of course…DIAMONDS!

October 30, 2010

Samuelson’s Diamonds Viral Video In JCK Online

We received a nice mention in JCK Online, a jewelry trade publication, about our video “Blue Nile vs Local Jeweler”.

In early October, Ron Samuelson of Samuelson’s Diamonds created a cartoon video that went viral on YouTube using “cookie cutter” video technology from Xtranormal. He wrote the script, selected voices, and plugged them into two cartoon characters that play out a typical retail diamond-buying experience and voila!, “Blue Nile vs. Local Jeweler” was born.

Although a good percentage of views could be attributed to interest within the industry, there has been a noticeable interest from outside the trade. Regardless of where the number of unique views has come from, this video shows the potential and ease of using a video platform such as Xtranormal for retailers looking to add to or break in to video marketing. See what industry video marketing guru Nick Failla says about Samuelson’s “Blue Nile vs Local Jeweler” video:

“’Blue Nile vs Local jeweler’ is a knockout example of a video that was created using Xtranormal, one of the many powerful creative tools that is accessible to budding video producers online…

Click here for the full article titled Viral Spiral: Samuelson’s Diamonds.

More exciting videos and other fun stuff on the way!

October 26, 2010

A Diamond Ring Story – Mitch and Glenda

We love hearing engagement stories and proposals. This was very cool as it was an anniversary present and, well, the note and pictures speak for themselves.

Hey Ron,

The Happy Couple

I hope you are doing well!  I wanted to update you after this weekend.  The wife and I went down to Miami and hopped on a three day cruise with her family.  This was on Friday…the Saturday night, at an elegant dinner in front of all of her family on the cruise ship I told everyone that I wanted to take this opportunity to do something official that I hadn’t had the chance to do.  I got on one knee and blew everyone away man.  It was awesome!!  The ring couldn’t have looked more classy!  It was amazing!!

We are happy to be a part of such a special moment and wish Mitch and Glenda the all the best. And for those of interested in looking at the ring, here it is – a beautiful cushion cut!

Cushion Cut Diamond in Tiffany Setting

October 16, 2010

VIDEO: Blue Nile vs Local Jeweler

I made this video a week ago and have a decent amount of views on it. I think the video speaks for itself. It’s a common conversation that we have here with internet shoppers. My colleagues in the jewelry industry love it and I think it’s good for the public to see as well. Remember it’s not a knock on Blue Nile, just an observation on the diamond business today.

So if you would like to learn about diamonds, see them in front of you, and receive honest, personal service, please come and see us!

September 28, 2010

Selling Silver in Baltimore

We’ve recently posted about selling your diamonds and gold, so this week, we want to give some useful information about selling your silver flatware, silver bars and silver coins.

Sterling Silver Flatware

Sterling Silver Flatware

Here at Samuelson’s when you sell your sterling silver flatware, the price is generally determined by weight. Unfortunately, young couples today don’t buy or register for sterling silver anymore, (I have a full set at home that I rarely use) so they are not as salable as they used to be. The good news is that silver is trading at a high level right now (almost $22 per ounce) so the sterling silver flatware can really add up. All you need to do is bring your set in, polished or unpolished, and we’ll pay you top dollar. There are exceptions in very rare and collectible patterns, but your Kirk or Steiff Rose will only go by weight.

Silver Maple Leaf

Silver Maple Leaf

When you are selling your silver coins or silver bars here in the Baltimore/Washington DC area, it’s a little different than flatware. These are bought based on the spot silver prices. We can buy at a very close percentage to “spot” based on a few factors. Some examples of silver coins we buy are Maple Leafs, Eagles, and even silver quarters, dollars and dimes (pre-1964).  The price depends on the price of silver at the time of your trade, and the volume of silver that you are selling. The more you have to sell, the closer we can work. Also, some coins are so rare that they trade at a level that is ABOVE spot. We love seeing that stuff, and we would have to inspect them for condition, year, etc.

There are several brands of silver bars including Englehard, Johnson Matthey and Credit Suisse. These are bought by the weight and the volume that you have and they are very easy to trade.

Silver Bars

Silver Bars

So please don’t forget if you’re in Maryland, Washington DC or Virginia to contact us to sell your silver that’s been sitting around the house. You’d be surprised to learn that it’s worth a pretty penny, especially with the metals markets reaching all time highs.

Please click here for current market prices.

September 4, 2010

Selling Your Diamonds

There’s a lot info online about buying diamonds, but not as much about selling unwanted diamonds and jewelry. Whether you’re in Baltimore, Maryland, Washington DC or Virginia, we strive to make selling your diamonds, gold or estate jewelry as easy and as educational as possible. It does not have to be an intimidating experience at all. In fact, here at Samuelson’s Diamonds, we explain, with full disclosure, the market on your diamond, what you can expect to get for it, and WHY.

Round Brilliant Cut Diamond

Round Brilliant Cut Diamond

The price given to a customer when buying their diamond is determined by these factors: (in no particular order)

1) Quality: cut, color and clarity. Most often, people have appraisals and lab reports with diamond grades on them. However, one must remember that an appraisal or lab report is only subjective – it’s done by humans, not a machine. The question that I personally ask myself  when buying a diamond is simply, “Is this a diamond that I want to own?” And that can just be a feeling or something about that diamond that I like (or don’t like). For all of you in the market to buy a diamond, that’s a question that you should be asking yourself as I explained in this blog post, “How To Look At A Diamond”.

2) Shape: Most people do not realize that some diamond shapes are in demand and some are just not. Rounds are always in demand and salable, but marquises and heart shapes are generally not in demand. (until you get to larger sizes) So, for example, you will get more when you are selling a 2 carat G, SI1 quality round diamond, and not as much for the same exact size and quality in a marquise diamond. It’s not to say that there is anything wrong with your diamond, it’s just simple economics. If we buy a marquise, our cash will be tied up for a long time since there are few customers buying that diamond shape.

3) Carat Weight: It’s pretty obvious that a 3 carat diamond is generally going to be worth more than a 1 carat diamond. Of course, if the larger diamond is very poor quality, it may not be desirable at all. One thing that diamond sellers should be aware of when talking about carat weight – the center/primary diamond is where the main value is. So a 3 carat solitaire diamond will be worth more than a ring with ten diamonds that equal 3 carats TOTAL WEIGHT. Just something to think about.

4) Inventory Levels: If we have 20 one carat princess cut diamonds in stock, and you have a one carat princess cut diamond to sell, we may simply not need your stone in our inventory. Our store inventory often reflects overall diamond market levels in certain shapes and qualities, so sometimes a common diamond that is very easily accessible will not bring as much.

5) Market conditions: Although the diamond market has actually held strong and steady in this very difficult economic climate, there are still a lot of diamond suppliers that are either: a) holding too much inventory or b) are short on cash and are owed a lot of money from failing retailers. In 2008 and 2009 here a some companies that either filed for Chapter 11 or simply went under – Fortunoff, Whitehall Jewelers, Robbin Bros, Robbins Diamonds and Robbins Delaware Diamonds, Shane Co, Bailey, Banks and Biddle (a division of Zale Corp), David Webb, Fred Leighton – you get the picture. So the bottom line is that if you have CASH, you can get pretty good prices on diamonds. And something very important to remember is that we can’t buy diamonds from the public for more than what we can acquire them for in the open market.

That said, the good news is that we always have the cash to buy your diamonds! (or gold/estate jewelry). And we pay the most for diamonds in Baltimore, Washington DC and Northern Virginia.

All of these factors are explained to each and every customer that we buy jewelry from so it makes sense, so please don’t hesitate to contact us or stop by to sell your jewelry!

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419 West Baltimore Street | Baltimore, Maryland | United States | 21201
Work Phone: 1-800-374-4367 | Preferred Work Phone: 410-837-0290
Steve Samuelson: Category 1 SPMOD Licensed Dealer, licenses 147-01, 147-02, 147-03