To Celebrate 100 Years, This Retailer Is Giving Away $10K
Samuelson’s Diamonds & Estate Buyers has created a $10,000 grant that will go to another family-owned business in the Baltimore area.
The third-generation jeweler announced Wednesday it has established a $10,000 grant that will go to a brick-and-mortar business in the Baltimore area.
The winner will be selected in May and invited as a VIP to the retailer’s 100th anniversary party, where Samuelson’s will reveal their identity to the public.
“We were looking for a way to celebrate our 100-year milestone in a unique and meaningful way,” CEO Ron Samuelson said.
“Giving to charity is something we have always done but making a meaningful contribution to a local family business that shares our values and entrepreneurial spirit is a more actionable way to pay it forward and celebrate this rare milestone.”
To enter, applicants must submit a short video about their family business and meet the following requirements: in business at least 10 years; have a Maryland business license and a physical location based in the City of Baltimore or Baltimore County; and have at least two family members working in the business.
The deadline for entry is May 2. For more information, visit the Samuelson’s website.
Milton Samuelson opened the first Samuelson’s store on Pennsylvania Avenue in Baltimore in 1922.
His son, Steve Samuelson, joined the business in 1962.
In 1972, the retailer moved downtown to Baltimore Street, where it operated as a traditional pawn shop, buying and selling guitars, antiques and collectibles, and jewelry.
Today, the jeweler has two locations in Maryland and one in Virginia, and an appointment-centric business model focused on buying and selling fine jewelry.
The company said it reached 100 years by adhering to three core values—trust, integrity, and transparency—and by abiding by one key rule.
“My grandfather, Milton Samuelson, always said, ‘You gotta change with the times.’ Change is constant and you need to adapt to the current business climate without changing your core values,” Ron said.
“One rule that has kept the family together is to never engage in family politics, and we have not broken that rule. We all have tremendous respect for one another and value the views and expertise we each bring to the table.”
The retailer has an e-commerce site, does virtual appointments, and sells its jewelry on Etsy and 1stDibs.
“I am so proud of our team and how we continue to grow despite the many challenges that we have faced over our 100-year history. To get to this milestone and still have a strong business and family bond is what keeps me going every day,” Steve said.
“We look forward to the future and celebrating 100 more years in business.”
The Latest

The medals feature a split-texture design highlighting the Games’ first time being hosted by two cities and the athletes’ journeys.

Sponsored by The INSTORE Jewelry Show 2025

Globally, travel and transportation brands reigned, while in the U.S., alcoholic beverage companies and a lingerie brand took the top spots.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

Production at the mine in Canada’s Northwest Territories topped 1 million carats in Q2, the third consecutive quarter of growth.


A new slate of Learning Workshops will take place in Oklahoma, Mississippi, and Georgia.

The middle class is changing its approach to buying jewelry and affordable luxury goods, the NRF said.

The countdown is on for the JCK Las Vegas Show and JA is pulling out all the stops.

It marks the third consecutive quarter of growth for Cartier, Van Cleef & Arpels, Buccellati, and Vhernier.

The reseller’s market trends report, based on its sales data, also shows exactly how much Rolex prices have jumped since 2010.

The auction house will be hosting a retrospective paying tribute to jeweler Jean Dinh Van and his company’s 60th anniversary.

The “Impermanence” collection contemplates nature through the Japanese art of Ikebana (flower arranging) and philosophy of wabi-sabi.

The Texas-based jewelry retailer has set up shop in Tennessee and Arizona.

Eric Ford will step into the role, bringing with him decades of experience.

In addition to improved capabilities, the acquisition will allow the jeweler to offer support to other independent jewelers.

The “Celestial Blue” capsule collection campaign features Olympian Kateryna Sadurska.

The seasonal store, located in Mykonos, Greece, offers exclusive events, personal styling, and curated experiences.

The New England jeweler is hosting a bridal event for the month of August.

The trade-only event will host its debut fair in the Emerald City later this month.

Its sessions will focus on inventory strategies, staff performance, retention and acquisition, emerging market trends, and more.

For its 10th anniversary, Miseno designed the “Arco” earrings based on the Arco Felice, an arch conceptualized in A.D. 95 in Miseno, Italy.

The jewelry company is one of several contributing to relief efforts in the region after the recent floods.

Inspired by fiancé Sid Wilson’s nickname for her, the white and yellow diamond ring features a unique honeycomb design.

The brand is marking its 50th anniversary with a limited-edition bangle, high jewelry suites, new collections, and more.

Goldfarb said changes in the industry, coupled with his age and the updates needed to modernize his business, drove his decision.

Longtime LVMH executive Michael Burke has stepped into the role.

Central topics of next week’s event include climate action, labor rights, artisan preservation, and value retention in producing countries.