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Jeweler Helps Competitor Recover from $300K Burglary

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Thieves cut through a steel safe.

As it tries to recover from a $300,000 burglary, Amherst Jewelers in Williamsville, NY, is getting help from perhaps an unlikely source — a local competitor.

Amherst co-owner Joel Jaffe recently said he had “almost no inventory” left, WIVB-TV reports.

The burglars struck in July, entering through a wall and cutting through a steel safe. They took jewelry along with gold and coins.

Jeff Bean, owner of M.A. Laurie Jewelers, said he wanted to lend a hand to a fellow jewelry retailer as the crucial holiday season approaches, WIVB-TV reports.

So he recently held a two-day fundraiser at his store. According to WIVB, “All of the money from every piece of jewelry sold will go to Jaffe.”

With this assistance from his longtime industry colleage, Jaffe anticipates having his store up and running again soon.

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