Founded in 1993 by a renowned family of jewellers, the museum officially opened in 1994. Housed in a 1930s building on Kallisperi Street, the facility was previously home to the family’s workshops.

Showcasing jewellery designed by Elias Lalaounis, whose exquisite works were inspired by various historical periods and events, the museum also includes Lalaounis’ private collection, micro-sculptures and jewels from other private collections.

The museum often hosts exhibitions of fine and applied arts, seminars and training programs.