We Love Big Diamonds!
We want to give a special shout out to all of our Washington DC customers from here in Ravensland. We went down there last week and bought some great jewelry.
People were also selling a lot of gold coins (like Krugerrands), silver flatware (Gorham, Steiff, and my favorite silver pattern Kirk Old Maryland Engraved.)
And diamonds…yeah we bought some big ones! Rounds, cushion cuts, princess cuts and everything in between.
Now it’s time to get those diamonds re-cut to “Samuelson’s Diamonds Proportions” and make them the brightest and best diamonds on earth! If you are in Baltimore or Washington DC and want to sell your diamonds, silver or gold, give us a holler and we will be happy to take a look at your jewelry!
JANUARY 4, 2010: Ron Samuelson, CEO of Samuelson’s Diamonds, Baltimore’s downtown diamond destination was interviewed for the January – February 2010 issue of Money Magazine:
You might get a better deal if you’re willing to trade up your jewelry. Ron Samuelson, of Samuelson’s Diamonds in Baltimore, says he’s more generous with store credit than cash: “I’m cultivating a customer.” If you’re interested in a swap, visit a jeweler who sells pieces you’d like to wear. And when someone admires your new ring, you can say, “Oh, it’s just a little something they gave me when I turned in my recycling.”
Samuelson’s Diamonds continues to be Baltimore’s top gold buyer, offering both excellent prices and trade-ins to our customers, locally and across Maryland.
The original article is from Money Magazine January/February 2010 and is entitled “The Plan: Turn Your Gold Into Cash.” A pdf excerpt is available here.
Buying gold and silver coins is all about experience and timing. Gold bullion coins come in all denominations and generally trade basis the spot price of gold. US Gold Ealges, Maple Leafs, Kruggerands, Pandas, Sovereigns, (to name a few) trade basis spot. What us dealers have to do is buy these coins at a percentage of spot and make small profit on the turn. Here at Samuelson’s, the more volume you have, the higher percentage we are able to pay.
A stack of Liberty's
The numismatic coins are the more rare coins and they trade at a premium to the spot price. Numismatic coins are graded in a measure called MS or mint state. An example is the grade MS65 which is an uncirculated coin. (meaning the coin never entered the normal coin market that people carried in their pockets) Rare dates and even mis-stamps can quickly become collector’s items. Those have to be inspected for exact condition or even graded by PCGS, a lab that grades exact condition of the the coin.
So please stop on by with your coins, with gold at an all time high, it’s a GREAT time to have your coins evaluated and sold.
Update: It seems that many people come to this post from search engines and discover that this event has passed. If you have, we’d like to let you know that we are in the same place in Washington DC about once a month buying jewelry and gold. If you are interested, please contact us and we will let you know the next date and time we’ll be around.
A brief notice:
To better serve all of our Washington DC area customers, we are hosting a jewelry buy at White Flint Mall on November 11 & 12 from 12-7pm. We will be at:
The Jewelry Design Company
White Flint Mall
11301 Rockville Pike
North Bethesda, MD 20895
Lower Level Across from Banana Republic
Please call us at 410-837-0290, contact us or email me personally for an appointment. We are buying diamonds, gold, silver flatware and all jewelry. Here are some examples of what we’re buying:
So please make an appointment and I will be happy to help you as always. And, of course, don’t forget to email me with any requests, big or small.
