Step into Market Square Jewelers on Portland’s Exchange Street and you’ll find yourself in a literal treasure trove. The store has a hushed, old-world feel with chandeliers and paintings of tall ships sailing in stormy seas. Peer down into the glass counters and you’ll find an extraordinarily unique assortment of gemstones.
“It’s fascinating to work here,” says Bernadette Braeuer, a Brit who has spent the past three years managing this Portland location. “It’s full of stories.”

Market Square Jewelers is one of the largest estate jewelry businesses on the East Coast. The company, founded more than 40 years ago by Peter Henry, is now run by his daughter Elizabeth Andrews. They have seven stores across New England, from Portland to Portsmouth, NH, and Newburyport, MA. The family business is in a period of growth; it opened two new locations on Boston’s Charles Street and Newbury Street this past year.
As an estate jeweler, the pieces for sale here are already in circulation. You’ll find jewelry from the Georgian era all the way to current era—and every single piece feels like it has its own story. “We amass these beautiful treasures and save them from melt,” explains Bernadette. “Then we assist them on their journey. Our customers love finding something so unique.”
The pieces are sourced from estate sales and families across the US, with some gemstones brought in from Asia; founder Henry takes regular trips to Sri Lanka and Columbia. “The gemstones we sell are not commercial quality; ours are very high quality,” explains Bernadette.
The Portland store has been a smashing success throughout its 11-year history. “Our summer is very busy; it’s almost busier than the fourth quarter, which is unusual for jewelry,” says Bernadette. “We meet people from all over the world.”
But for all its old-world feel, the business also has an impressive young edge. Market Square Jewelers has over 84,000 followers on Instagram (@MarketSquareJewelers). They organize live events on Instagram, Facebook and TikTok, where they draw a huge, national audience known as “Gemsters.”

“The Gemsters are so passionate,” says Bernadette with a smile. “They’re based all across the country and love attending the live events our online team manages.” More recently, the Portland store launched its own Instagram handle to promote its bridal collection, @MSJ_marryme
For anyone who is looking for a special and utterly unique item of jewelry, stop by Market Square Jewelers and let Bernadette and her team take you on a fascinating journey.
Market Square Jewelers, 17 Exchange Street, Portland ME