The retailers at the top of the list offer affordable products and fun, discovery-fueled experiences.
Sally Nelson, Founder of Exclusively Diamonds, Dies at 86
The former teacher, described as “a pioneer for women-owned businesses,” opened her own jewelry store in 1980.

She was 86.
The Minnesota native grew up in Lyle, according to a local report. She was raised by her grandparents after losing her mother in a motorcycle accident when she was five months old.
In high school, she met her husband, Bob, and they married when Sally was 19, as per her online obituary. They went on to have two daughters, Sarah and Betsy.
Bob worked as a schoolteacher and Sally later joined him, earning her bachelor’s degree in education at 37. She specialized in speech pathology and special education.
Sally worked as a teacher for 14 years before she decided to turn her love of jewelry into a new career, cashing in her retirement account to get started.
After visiting several banks, she found one that agreed to loan her $45,000 at 21 percent interest.
“Sally was a pioneer for women-owned businesses. Sally prevailed throughout the challenges along the way,” said her obituary.
Her daughter, Sarah Person, shared memories of her mother in an interview with the Mankato Free Press.
“She cooked meals every night. We always ate dinner as a family,” said Person.
“Mom also worked at the Mankato Rehabilitation Center and tutored students after school and on weekends in our home. She would sit at our dining room table teaching kids to tell time, count money, helping children lose a lisp or not stutter.”
Nelson’s daughters joined their mother at the store in the mid-1980’s, according to the jeweler’s website, with Betsy working as an in-store goldsmith and Sarah as a part-time salesperson.
Betsy later moved away, and Sarah purchased the business when her other retired in 1998.
Upon retirement, Sally and her husband spent the winters in sunny Arizona, returning home for the summer.
The business has continued down the family line.
Sally’s granddaughter, Maria Brown, became vice president and co-owner of Exclusively Diamonds in 2018. Brown was recently included in Jewelers of America’s “20 Under 40” list and received the American Gem Society’s 2022 “Young Titleholder of the Year” award.
In a statement, American Gem Society CEO Katherine Bodoh said, “Exclusively Diamonds is a treasured AGS member and actively involved in the AGS community. Sally’s daughter, Sarah Person, is the chair of our Education Committee. Sally’s granddaughter, Maria Brown, is the current Chair of the Young Titleholders. The legacy Sally created lives on through these remarkable women.”
Sally was preceded in death by her parents and her husband. She is survived by her daughters, Sarah (Chris) Person and Betsy (Randy) Olson, her four grandchildren, and her eight great-grandchildren.
A celebration of life service was held last week.
In lieu of flowers, donations can be made to Christ the King Lutheran Church of Mankato or youth organization My Place.
The Latest

Daniel Bing was formerly the marketing director for the Americas at Vacheron Constantin.

In our Piece of the Week, the designers reimagine the tennis bracelet with green enamel wrapped around a strand of “Desert Diamonds.”

Submit your pieces for a chance to win in this year's competition.

The industry veterans join the podcast to discuss diamond marketing, the FTC Jewelry Guides, and lobbying for lower tariffs.


Founder Vik Westermann said the app is a “starting point” to inspire people to work with appraisers and gem labs, not replace them.

The Verdura brooch, which belonged to the late Virginia Fortune Ryan Ogilvy, was sold to a private collector in Asia.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

The five students were awarded a total of $10,000 through the nonprofit’s 2026 “Future of Jewelry Making” scholarship.

Steven Lerche is now beginning his term as the youngest member to become president of The Plumb Club’s elected executive committee.

Murphy will retire at the end of the year and Alexander, currently the company’s president, will take over at the start of 2027.

The jeweler is encouraging customers who own lookalike rings to come into the store and trade them for credit towards an authentic piece.

The new campaign, “You Are The Occasion,” discourages shoppers from saving their fine jewelry for special occasions only.

Mehta led India’s GJEPC through the 2008 financial crisis and was respected worldwide for his wisdom, integrity, and knowledge.

One is the driver who allegedly crashed a car into a Sacramento jewelry store in April, striking a 71-year-old employee who later died.

In a new column, Peter Smith posits that people actually enjoy putting together IKEA furniture, and the same is true for engagement rings.

9lakha Jewelers in Iselin, New Jersey, was the target of a smash-and-grab robbery on Aug. 8.

The jeweler has partnered with 818 Tequila to gift lab-grown diamond studs to a bride-to-be and their bridal party.

The exhibition will feature more than 100 drawings of stained-glass lampshades, windows, and more, many created by women and émigrés.

Marquise-cut diamonds in drop charms are the center of the new collection, reflecting the movement of a dancer in modular styles.

The inaugural Fort Lauderdale Jewelry, Antique, & Object Show will be held from Jan. 28 through Feb. 1, 2027.

Amanda Ileana Hernandez is married to Carlos Hernandez, one of two men in prison for the 2024 murder of Michigan jeweler Hussein Murray.

The reimagined jewel, our Piece of the Week, trades the diamonds in the original 1998 design for blue, pink, yellow, and green sapphires.

Sponsored by American Gem Trade Association

In the United States, second-quarter sales were flat amid soft consumer sentiment and lower in-store traffic.

The 22-karat gold egg, sold at Batemans Auctioneers in the U.K., was part of a 1980s treasure hunt ad campaign for Cadbury Creme Eggs.

Lucara Diamond Corp., which recovered the “Motswedi” diamond from the Karowe mine, sold the stone for an undisclosed amount.





















