Mon-Fri 10:00am – 7:00pm
Sat 10:00am – 5:00pm

32020 Walker Road | Avon Lake, Ohio 44012
440.933.4871 | 1.800.347.6956


We specialize in certified diamonds, fine gemstones in 14 and 18-karat gold, and platinum as well as an extensive gift gallery.  In-house expert jewelry repair, custom designs created on computer aided software.

30% Towards Purchases with Gold Buying

We offer 30% more than the daily value every day when you trade your unwanted gold jewelry in for store credit. That means gold worth $100 earns you $130!


Not to sound like Las Vegas, but what is brought to Peter & Co., stays at Peter & Co. Whether you need a ring re-sized or a diamond re-set, your jewelry is handled in-house by our certified master goldsmith. A state-of-the-art laser welder helps ensure that even the most intricate designs are restored to their original beauty.

Watch Repair

Watches are treated with the same meticulous care in our high-tech, state-of-the-art, watch repair facility. With the aid of sophisticated equipment, our specialist can mend any timepiece, from complex movements to quartz models, including Swiss mechanicals, automatics and chronographs, both modern and vintage. In addition, Peter & Co. has the latest equipment capable of testing any and all watches for water resistance, including divers’ watches up to 125 bar (1200 meters depth). Our certified watchmaker is available on-site to answer your questions, provide free estimates and service your timepiece in a professional manner.

Custom Design

Do you have your own idea for jewelry? We can do start to finish design and production of jewelry in your individual style. We’ll help you put your ideas on paper, or use our computer aided design software to get a clearer image of the piece of jewelry you had in mind. 

Ring Insurance


Because there are so many details that go into planning a proposal, it’s easy to forget a critical step – insuring the ring! This is the very first step a future groom can take to guarantee the ring will always be a reminder of his love.

When should you insure the ring?

Applying directly after purchase is the most ideal time to get protection. Once it’s insured, you will feel confident that the ring is ready to dazzle your future bride.

A marriage proposal can be a stressful event for a hopeful future groom, but ensuring the ring is kept safe until the question is popped doesn't have to be. Here are five tips from Jewelers Mutual, provider of Perfect Circle® Jewelry Insurance, on protecting your ring until the big day:
  • Store the ring in a safe place. Storing the ring at the place of residence after purchase is not a safe option.

  • Ensure she doesn't find it. Hiding the ring at home raises the potential that a future bride will discover it. Keeping the ring at a bank safety deposit box will prevent this from happening and also keep the ring safe from theft.

  • Document it. Have you made a list of all of the things you will need for a proposal? Flowers, music, location? Don't forget to also keep an accurate appraisal of the ring. Make two copies and store one separate from your jewelry. Also include a photo or video of the ring.

  • Keep it with you and don't leave it unattended in a car or suitcase. If traveling to a special destination for a proposal when you arrive at a hotel or restaurant, don't hand your jewelry bag to a hotel or restaurant staff. Carry it personally.

  • Insure it. Perfect Circle® Jewelry Insurance from Jewelers Mutual Insurance Company provides personal jewelry protection against loss, damage, theft and mysterious disappearance wherever your travels take you, worldwide. So get the right insurance then relax and wait for the “Yes!” you are expecting.

Information provied by:

Jewelers Mutual Insurance Company is the only company specializing exclusively in jewelry insurance in the United States and Canada. The company's strong financial position is reflected in its 26 consecutive ratings of “A+ Superior” from A.M. Best Company. Jewelers Mutual was founded in 1913 in Neenah, Wisconsin, by jewelers seeking to meet their unique insurance needs. Today, Jewelers Mutual is the leading insurer of retail jewelers in North America and also insures wholesalers, manufacturers, custom designers, repair businesses, bench jewelers, and appraisers. Approximately 10,000 commercial policyholders insure their jewelry businesses with Jewelers Mutual. Additionally, nearly 300,000 individuals trust Jewelers Mutual and its Perfect Circle® Jewelry Insurance to protect their jewelry possessions. These individuals collectively carry in excess of $4 billion in personal insurance coverage. Visit the Jewelers Mutual website at to learn more.

Peter & Co. Jewelers is not licensed agent for Jewelers Mutual Insurance Company and cannot sell or recommend insurance. Jewelers Mutual is an alternative to other insurance companies you may be considering. Must be a U.S. resident age 18 years or older to apply for insurance through Jewelers Mutual. Coverage is subject to the provisions, limitations, exclusions, and endorsements in the policy and the level of coverage you select.


Each appraisal includes a detailed description of your diamond, gemstone or jewelry item. Factors such as weight, shape, and measurements all combine to determine color and clarity and then the value for each item.

Retail Replacement Value.
Retail Replacement Value is the price to replace the item if lost, stolen or destroyed at the current market values. These values are assigned only after the research of national, regional and local jewelry markets.

Why is a Peter & Co. Jewelers appraisal unique?
The Gemological Institute of America provides criteria for all appraisals. All inclusions are plotted, along with a photo of your item. Additionally, Peter & Co. Jewelers provides a photo of the inside of your Diamond or Gemstone. Consider that in the event of a burglary or robbery, your jewelry cannot be identified without proper photo identification. Our appraisals are performed by a Graduate Gemologist, Gemological Institute of America who is also a member of The National Association of Jewelry Appraisers.

Insurance Appraisals
This appraisal is submitted to your insurance company to place coverage on an item of jewelry in case of loss, theft or damage. This is also called "scheduling" the jewelry. The value is described as the cost to replace the item with one of like, kind and quality. The values represent the current retail replacement from an average jewelry store, not any one in particular, exceptions being pieces that are signed. Examples of signed pieces are those by noted designers like Tiffany, Cartier, and David Yurman. These pieces are researched with the company.

Click here to RSVP for an Appraisal Day event

Pearl/Bead Stringing

Every few years your pearls should be cleaned and re-strung. Pearls are delicate by nature. They should be the last thing you put on, after the hairspray and perfumes. These are irritants to the pearl and can eat at the lacquer of the pearl. Pearls cannot be cleaned in your normal jewelry cleaner. During a re-stringing job, all pearls are hand washed and then strung onto the finest silk cord. 

Lab Reports

If you would like an independent opinion on your diamond or gemstone, we can have it graded by a reputable laboratory (i.e. Gemological Institute of America Gem Trade Laboratory). We’ll make sure it gets there safely, and explain what the report says when it comes back.”