AuctionsSep 17, 2025
Mythical Set of Patek Philippe Pocket Watches Expected to Sell for $10M+A set of four Patek Philippe “Star Caliber 2000” pocket watches is part of Sotheby’s upcoming auction in Abu Dhabi.
IndependentsAug 04, 2016
Fund Launched for Maryland Store Damaged in Flood
Craig Coyne Jewelers was one of the Ellicott City, Md. businesses severely damaged when six inches of rain fell in two hours and caused a flash flood Saturday.
“The response is nothing short of amazing,” Craig Coyne Jewelers founder Sam Coyne said of his local community after a flash flood destroyed many downtown businesses. In addition to his state and local governments “aggressively taking action,” an industry friend is helping to raise funds to repair his flooded store.
Ellicott City, Md.--The community is coming together to help a Maryland jeweler whose store was severely damaged in a recent flash flood.
On Saturday, six inches of rain fell in just two hours in Ellicott City to create what the National Weather Service called an “off-the-charts” event--a flash flood that resulted in two deaths, many demolished businesses and about 120 swift-water rescues.
One of those businesses was Craig Coyne Jewelers on Main Street in downtown Ellicott City. Now, a GoFundMe page has been set up to help raise funds to help the business get back on its feet.
Lori Gadola from Kelim Jewelry Design is the one who started the fund. She met founder Sam Coyne when the store started carrying her line.
On the GoFundMe page she wrote, “(Sam) has been very generous to various community causes that involve health, hunger, education and domestic violence issues. I feel it is time the community gives back to help him during this very tough time.”
The jewelry store opened in 2000 but had just moved into its location on Main Street in 2013. Before moving in, the entire space was remodeled, a project that took six months to complete and $50,000 to finish the interior.
Now, just a few years later, all of that work has been undone.
Coyne told National Jeweler that he was able to get into the store on Wednesday for the first time since the flood for just 10 minutes to assess the damage.
“I don’t believe anything will be salvageable,” he said.
There’s a tree pinned to the front door inside that was forced over the back deck and through the back door into the store, silt that is “feet thick,” water marks that reach the ceiling and a buckled floor on the second level due to the force of the water, among other things.
According to Coyne, his biggest concern is how long it will take to get the business up and running again. Local officials currently are working on a plan, but there’s no telling how long it could be--months and years both are being thrown around, he added.
More immediately he is concerned about serving customers, which he can’t do until he gets into the vault. Though it’s intact and standing, with all customer jewelry secure inside, it can’t be opened. It requires two keys and a combination, but the keys washed away in the storm.
Another issue that has come up is that of data.
On the morning before the flood, the store’s server was taken to the first floor to cool down during the heat wave. The back-up hard-drive also was brought to the store and connected to conduct a back-up before opening Sunday, so it was lost in the flood as well.
Though they have a second drive off-premises, the team still will have to rebuild at least seven months of business, Coyne said.
When asked what the funds might be used for, Coyne said that it “really depends on timing.”
If they’re given access to the store soon, it will go toward clean up, freshening up and mold removal. If not, it could help pay the mortgage or the insurance deductible.
Meanwhile, businesses around the jeweler are being demolished. Coyne said that many of the small shops around him already were having trouble competing with e-commerce and he’s not sure how many of them will reopen now.
On the morning before the flood, the store’s server was taken to the first floor to cool down during the heat wave. The back-up hard-drive also was brought to the store and connected to conduct a back-up before opening Sunday, so it was lost in the flood as well.
Though they have a second drive off-premises, the team still will have to rebuild at least seven months of business, Coyne said.
When asked what the funds might be used for, Coyne said that it “really depends on timing.”
If they’re given access to the store soon, it will go toward clean up, freshening up and mold removal. If not, it could help pay the mortgage or the insurance deductible.
Meanwhile, businesses around the jeweler are being demolished. Coyne said that many of the small shops around him already were having trouble competing with e-commerce and he’s not sure how many of them will reopen now.
More on Independents
The Latest
TrendsSep 17, 2025
Silvia Furmanovich’s Book Tells the ‘Journey of a Jeweler’The Brazilian jeweler’s latest book marks her namesake brand’s 25th anniversary and tells the tale of her worldwide collaborations.
WatchesSep 17, 2025
Bob’s Watches Acquires Vintage Rolex Won on ‘The Price is Right’ The Submariner Ref. 1680 with a Tiffany & Co. dial came from the original owner, who won it as a prize on the game show in the 1970s.
Brought to you by
reDollar.com Is Rolling Out the Next Level Jewelry, Diamond & Watch Consignment ProgramWith their unmatched services and low fees, reDollar.com is challenging some big names in the online consignment world.
TechnologySep 17, 2025
Jewelers Mutual Launches Shipping Solution App for Shopify The new integration allows users to manage shipments directly from the Shopify dashboard.
Weekly QuizSep 12, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
EditorsSep 16, 2025
Out & About: 7 Great Quotes From Converge in CarlsbadAt Converge 2025, Editor-in-Chief Michelle Graff attended sessions on DEI, tariffs, security, and more. Here are her top takeaways.
CrimeSep 16, 2025
2 Robbery Suspects Killed in California Pawn Shop ShootoutSix people were shot last week at an Oakland cash-for-gold shop as employees exchanged gunfire with individuals trying to rob the store.
Brought to you by
Rallying Call for the Jewelry Industry on Tariffs and Other Key IssuesJewelers of America is leading the charge to protect the industry amidst rising economic threats.
CollectionsSep 16, 2025
Chopard Adds New Designs to Its ‘Ice Cube’ Capsule CollectionThe jeweler has expanded its high jewelry offering, which launched last year, with new pieces featuring its cube motif that debuted in 1999.
SourcingSep 16, 2025
Natural Diamond Council Launches Retailer Accreditation ProgramBen Bridge Jeweler and Lux Bond & Green were a part of the pilot program.
EditorsSep 15, 2025
Skipping the Necklace, Embracing Snakes: The Best Jewelry From the 2025 Emmy AwardsAssociate Editor Natalie Francisco shares eight of her favorite jewelry looks from the 77th annual Primetime Emmy Awards, held Sunday night.
SurveysSep 15, 2025
Resilient Shoppers to Boost Holiday Retail Sales, Says DeloitteIt’s predicting a rise in retail sales this holiday season despite economic uncertainty and elevated inflation.
SourcingSep 15, 2025
Gemfields Achieves $32M at High-Quality Emerald AuctionIt included the sale of the 11,685-carat “Imboo” emerald that was recently discovered at Kagem.
SourcingSep 15, 2025
AGTA Elects 8 Members to Board of Directors The newly elected directors will officially take office in February 2026 and will be introduced at the organization’s membership meeting.
EditorsSep 12, 2025
Out & About: Mining Sapphires in Rock Creek, MontanaAssociate Editor Lauren McLemore headed out West for a visit to Potentate Mining’s operation hosted by gemstone wholesaler Parlé Gems.
TrendsSep 12, 2025
Piece of the Week: Arunashi’s Fordite and Rhodolite EarringsFordite is a man-made material created from the layers of dried enamel paint that dripped onto the floors of automotive factories.
Events & AwardsSep 12, 2025
Al Gilbertson Wins 2025 Robert M. Shipley AwardGilbertson has worked as a researcher, jeweler, lapidary artist, appraiser, and business owner throughout his decades in the industry.
Policies & IssuesSep 11, 2025
Supreme Court to Hear Tariffs Case in November A decision likely won’t come until January 2026 at the earliest, and the tariffs remain in effect until then.
MajorsSep 11, 2025
Tabayer Opens Nordstrom Shop-In-ShopLocated in the revamped jewelry hall at the retailer’s New York City flagship, this opening is Tabayer’s first shop-in-shop.
SourcingSep 11, 2025
Need to Sell More Natural Diamonds? De Beers Has an App for ThatThe new, free app offers accessible educational content, like games and podcasts, for U.S. retailers.
MajorsSep 10, 2025
Stuller to Swap Gold Scrap for Full Credit to AccountAs the gold price rises, the manufacturer is offering a 100 percent payout through Sept. 30 for gold clean scrap.
SourcingSep 10, 2025
Tech Meets Style in the New Loewe x Jacob & Co. HeadphonesJacob & Co. partnered with the German technology company on two pairs of headphones, one set with diamonds and the other with sapphires.
TrendsSep 10, 2025
Tiffany & Co. Archival Jewels Bring Life to ‘Frankenstein’Guillermo del Toro’s 2025 “Frankenstein” will feature 27 jewels and objects from the storied brand, including pieces from its archives.
MajorsSep 10, 2025
24 Karat Club of New York’s Banquet to Return to Waldorf AstoriaThe Waldorf Astoria New York’s grand reopening this past summer means a homecoming for the industry group’s annual event.
SourcingSep 09, 2025
Anglo American to Merge With Canadian Copper Miner Anglo plans to merge with Teck Resources Ltd. to form Anglo Teck. The deal changes nothing about its plans to offload De Beers.
AuctionsSep 09, 2025
‘The Mellon Blue’ to Return to Auction, This Time at Christie’s The 9.51-carat fancy vivid blue diamond, which set two world auction records at Sotheby’s in 2014, is estimated to fetch up to $30 million.
AuctionsSep 09, 2025
Phillips Names Dianne Batista Head of Jewels, New YorkThe industry veteran joins the auction house as it looks to solidify its footprint in the jewelry market.
