Headlines

Well-Known Gem Deal Dealer Dies at 70

He was president of A.F. Greenwood.

Published

5 years ago

April 17, 2019

INSTORE Staff

Richard “Dick” Greenwood, president of New York-based jewelry and gem wholesaler A.F. Greenwood, has died at age 70.

He “embodied the word ‘service'” and had served on the American Gem Trade Association board of directors for several terms, including two terms as president of AGTA.

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“He continued to serve in an advisory capacity throughout his life, and was known as a wise counsel with a strong sense of fairness and a quick wit,” AGTA President Douglas Hucker said in a press release. “His loss is profound to our community.”

He’d been a member of AGTA since 1982. Greenwood was involved in several other industry organizations as well.

Greenwood is survived by his wife of 47 years, Trudi, and their children, Dan and Amy, Hucker said.

A memorial service was set for noon on Thursday, April 19, at the Riverside Memorial Chapel in Mount Vernon, NY.

You Wouldn’t Cut Your Own Hair. Why Run Your Own Retirement Sale?

After being in business for over a quarter of a century, Wayne Reid, owner of Wayne Jewelers in Wayne, Pennsylvania, decided it was time for a little “me time.” He says, “I’ve reached a point in my life where it’s time to slow down, enjoy a lot of things outside of the jewelry industry. It just seemed to be the right time.” He chose Wilkerson to handle his retirement sale because of their reputation and results. With financial goals exceeded, Reid says he made the right choice selecting Wilkerson to handle the sale. “They made every effort to push our jewelry to the forefront of the showcases,” he says, lauding Wilkerson for their finesse and expertise. Would he recommend them to other jewelers who want to make room for new merchandise, expand their business or like him, decide to call it a day? Absolutely he says, equating trying to do this kind of sale with cutting your own hair. “The results are going to happen but not as well as if you have a professional like Wilkerson do the job for you.”