Mike Menser, the owner of Diamond Buyers, semi-retired to Ketchum in 2005. He opened Diamond Buyers in 2008. Diamond Buyers specializes in buying diamond jewelry, diamonds 1 carat and larger, signed estate jewelry by Cartier, Van Cleef & Arpels, and Tiffany, as well as watches by Rolex and Patek Philippe. Diamond Buyers also buys outdated gold jewelry and sterling flatware.
For over 40 years, Menser owned and operated Buchroeder’s Jewelers in Columbia, Mo., which is the premier jewelry store in mid-Missouri. His son, Mills Menser, now owns the store, which is in its 123rd year. His daughter, Monica Menser, who was a designer jewelry manager for Neiman Marcus in Dallas, now works with her father.
Menser says times have changed, and circumstances for people change.
“As people get older, they find items of jewelry they thought they could never live without are now seldom worn, if at all, due to current lifestyle changes,” he said. “They also discover their children or grandchildren simply don’t want the pieces.”
That’s where Menser steps in. Diamond Buyers gives people a place to “liquefy their luxury assets” and receive a top wholesale price. Menser is generous in his offers and frequently has paid more than his customers hoped to receive.
“I have repeatedly paid more because the item was worth more. The last thing I wish to do is take advantage of someone. I feel it boils down to integrity.”
Menser, now 72, has a strong online presence at www.diamondbuyersidaho.com. He buys items of fine jewelry and watches from all over the U.S. He operates in Ketchum by appointment.
Diamond Buyers will also make jumbo personal asset loans of $10,000-$100,000 using fine jewelry as collateral. No credit check is required, and the transaction is strictly private, and no information is shared with other sources.
When Menser is not working, he is riding his Arabian horse on the trails here in our valley along with his constant companion, Licky, a German short-hair pointer.
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