New York City–based Surya Capital, working in association with
Buxbaum Jewelry Advisors, recently purchased the inventory of Philadelphia
jeweler Robbins Diamonds’ flagship store at a sealed bid auction.
The inventory of loose diamonds and diamond jewelry was
valued at approximately $1.6 million at cost.
Leo Robbins & Sons., which operates under the Robbins
Diamonds name, filed for Chapter 11 bankruptcy protection in December 2009.
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