EditorsNov 06, 2026
The Spectrum Pieces I Can’t Stop Thinking AboutFrom a Betta fish brooch to a “dragon’s trove” of zircon eggs, here are seven pieces that’ve stuck with Associate Editor Lauren McLemore.
IndependentsApr 26, 2019
Trabert & Hoeffer to Close Last-Standing Store
The store, which is located in Chicago, will put a portion of its inventory up for auction ahead of its closing in June.
This diamond and pink tourmaline brooch is expected to bring between $15,000 to $20,000 at auction this May.
Chicago—Trabert & Hoeffer is set to close its last-standing location in Chicago in June as its owner prepares for retirement, the jewelry store announced earlier this month.
Its first store opened on New York’s Park Avenue in the 1930s, later expanding to Palm Beach, Florida; Beverly Hills, California; Atlantic City, New Jersey; and Chicago.
Chicago native Don Levinson bought the location in 1968, importing designs from Europe and Asia and adding more Swiss watches to the inventory.
The store is known for its elaborate, seasonal window displays, draping fine jewelry over pumpkins or ice skates.
Originally located on Michigan Avenue, Trabert & Hoeffer moved to East Oak Street in 1995, but has never strayed far from the Magnificent Mile, the Midwest equivalent of New York’s Fifth Avenue.
Ahead of its June closing, the retailer will partner with Hindman LLC, which owns auction houses Leslie Hindman Auctioneers and Cowan’s Auctions, to sell some of its inventory.
“After more than 50 years with Trabert & Hoeffer, it’s time for me to announce my retirement and I can’t think of a better partner than Hindman to move the store’s spectacular inventory,” Levinson said in a statement announcing the store’s closure.
Assisting with the sale is Katie Guilbault, director and senior specialist of fine jewelry and timepieces at Hindman and a former Trabert & Hoeffer employee with a familial connection to the store. Her grandfather owned the Chicago Trabert & Hoeffer and was the one who sold it to Levinson in the late ‘60s.
She got her start at the store, working with Levinson for nearly eight years as a sales associate and appraiser.
“We have a lot of happy memories. A lot of people do,” said Guilbault, who described being a part of the end of the store’s legacy as “bittersweet.”
She recounted the loyal customers who would visit year after year, commemorating birthdays and anniversaries with a special something from the store.
Guilbault also is familiar with the store’s inventory and has a hunch about which pieces will be showstoppers at auction.
A 58.50 carat total weight diamond bracelet valued at $90,000 to $120,000
A retro platinum, diamond and pink tourmaline brooch by Trabert & Hoeffer-Maubossin valued at $15,000 to $20,000
A 10.04 carat emerald cut diamond ring valued at $200,000 to $300,000
A 6.11 carat marquise diamond ring, certified D color, internally flawless clarity, valued at $280,000 to $380,000
A pair of 10.04 carat total weight diamond stud earrings valued at $125,000 to $175,000
The inventory includes pieces that were created via a partnership with acclaimed Parisian jeweler Mauboussin, which also sold the store some of its inventory when it decided to close its New York location.
Some designs created in the 1930s through the early 1950s feature a Trabert & Hoeffer/Mauboussin stamp, which Guilbault said could draw buyers.
A Retro platinum, diamond and pink tourmaline brooch by Trabert & Hoeffer/Mauboussin valued between
Editors' Picks
Sponsored by
$15,000 and $20,000 is expected to be an auction standout.
Another auction highlight is a 6.11-carat marquise-cut diamond ring that is D, IF and valued between $280,000 and $380,000.
The jewelry auction will also feature about 200 original, hand-colored drawings of custom design pieces, some marked up with notes from the designer and comments from customers.
“These pieces truly are incredible and I’m grateful they will find homes with collectors who understand and appreciate this brand’s unmatched quality and expansive legacy,” Levinson said in the statement.
The sale, featuring more than 340 lots, will be held at Hindman’s Chicago headquarters on May 15.
Collectors can preview the offerings in New York from April 30 to May 1, in Atlanta on May 3, and in Chicago May 10-May 15.
To schedule an appointment, contact Leslie Hindman Auctioneers at 312-280-1212 or visit the auction house’s website.
Another auction highlight is a 6.11-carat marquise-cut diamond ring that is D, IF and valued between $280,000 and $380,000.
The jewelry auction will also feature about 200 original, hand-colored drawings of custom design pieces, some marked up with notes from the designer and comments from customers.
“These pieces truly are incredible and I’m grateful they will find homes with collectors who understand and appreciate this brand’s unmatched quality and expansive legacy,” Levinson said in the statement.
The sale, featuring more than 340 lots, will be held at Hindman’s Chicago headquarters on May 15.
Collectors can preview the offerings in New York from April 30 to May 1, in Atlanta on May 3, and in Chicago May 10-May 15.
To schedule an appointment, contact Leslie Hindman Auctioneers at 312-280-1212 or visit the auction house’s website.
More on Independents
The Latest
TrendsNov 06, 2026
Pat Pruitt’s DragonFly Earrings Take Flight on Election NightGroundbreaking New Mexico Governor-elect Deb Haaland wore the earrings, our Piece of the Week, when she declared victory on Tuesday.
MajorsNov 06, 2026
SNL’s Colin Jost Finds the Perfect Gift in Kay Jewelers’ Holiday AdJost goes on an epic journey, traversing rough seas and encountering a cyclops, to discover the perfect holiday gift.
Brought to you by
How Overnight Mountings’ Bridal Builder Makes Custom Engagement Ring Design Easier to SellWith customization becoming more expected in engagement ring shopping, the Bridal Builder makes the process tangible.
Supplier BulletinNov 05, 2026
Winning With GCAL 8X®: What’s Working at the CounterSponsored by GCAL by Sarine
Weekly QuizNov 05, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
SurveysNov 05, 2026
What Retailers Should Know About Holiday Shoppers This YearFrom shrinking budgets to AI elves, here are five takeaways from holiday reports by Bain, Adobe, Mastercard, NRF, and insights from YouGov.
CollectionsNov 05, 2026
Judi Powers, Russell Jones Unleash Joy With New CollaborationThe designers combined their talents for Little Pet Portraits, hand-painted miniatures of our best friends set in a piece of jewelry.
Brought to you by
A Diamond Is Forever Launches 2026 Holiday Campaign Championing Natural DiamondsA Diamond Is Forever's holiday campaign reimagines natural diamond icons for a new generation celebrating individuality.
FinancialsNov 05, 2026
Brilliant Earth Continued to Resonate With High-Income Shoppers in Q3Its non-bridal fine jewelry remains the star of the show, recently launching new collections inspired by Elizabeth Taylor and Jane Goodall.
MajorsNov 05, 2026
Ariana Grande Stars In Swarovski’s Holiday Campaign“Joy: The Swarovski Musical” features Ariana Grande as the leading lady in scenes inspired by classic musical montages.
GradingNov 05, 2026
GIA to Offer Next-Day Holiday ServicesThe lab will bring back its complimentary next-day service for some reports starting next week.
CrimeNov 04, 2026
$250K+ in Undeclared Cartier Jewelry Seized at Philadelphia AirportA Pennsylvania woman failed to declare a ring and a bracelet, discarding the boxes and receipts to conceal the purchases, officials said.
FinancialsNov 04, 2026
Pandora’s Q3 Sales Up 7% Amid Focus on DesignNew collections and relevant marketing pushed the company forward, while Pandora’s lab-grown diamond sales continue to lag.
Events & AwardsNov 04, 2026
NYC Jewelry Week 2026 Is the Largest Edition YetThe citywide celebration, slated for Nov. 16-22, is set to host more than 175 events, including live jewelry-making demos.
MajorsNov 04, 2026
Bergdorf Goodman Names New PresidentLanessa Elrod, former president and CEO of Louis Vuitton Americas, has stepped into the role as the retailer celebrates 125 years.
AuctionsNov 03, 2026
Infinity Gauntlet Set With 170+ Carats of Colored Gemstones Up for AuctionA replica of one of the most powerful objects in the Marvel Cinematic Universe, the glove is heading to auction next month in Abu Dhabi.
Events & AwardsNov 03, 2026
David Yurman Gem Awards Grant Opens 2027 ApplicationsThe grant recipient will be awarded $50,000 as well as mentoring meetings with executives at David Yurman and other industry executives.
Events & AwardsNov 03, 2026
NAJA, Instappraise Name 2026 Scholarship WinnersThe winners include a non-NAJA member seeking training, a member beginning NAJA courses, and a member becoming a Certified Master Appraiser.
AuctionsNov 02, 2026
197-Carat ‘Romanov Sapphire’ Heads to Sotheby’s GenevaThe rare jewel, which has links to Russia’s Romanov dynasty, is estimated to fetch up to $2 million.
CrimeNov 02, 2026
Customs Seizes More Than 400 Fake Audemars Piguet WatchesIt is one of several seizures of counterfeit jewelry and watches by U.S. Customs and Border Protection officials in Louisville this year.
MajorsNov 02, 2026
Lawrence Bock, Caryl Capeci, Amanda Coleman-Phelps Join JA Board Jewelers of America announced the additions to its board of directors following its annual general meeting, held last week.
CollectionsNov 02, 2026
Olympian Kristi Yamaguchi, Heller Jewelers Expand ‘Always Dream’ CollectionThe jewelry collection supports Yamaguchi’s Always Dream foundation, which provides reading and educational resources to families in need.
Events & AwardsOct 30, 2026
Illuminating Carved Paraiba Pendant, Suite of Moonstones Wow at Spectrum AwardsSpectrum’s “Best of Show” honors went to a 101-carat Paraiba carved to look like Medusa that has a magnet-activated LED light.
TrendsOct 30, 2026
Edina Kiss’ Pendants Say ‘Eye’m Watching You’Our Halloween Pieces of the Week are four “Eye” pendants, each set with colorful gemstones.
MajorsOct 30, 2026
The RealReal Hires Former eBay Exec as New Chief Merchandising OfficerAlexis Hoopes expanded eBay’s “Authenticity Guarantee” program during her tenure.
WatchesOct 29, 2026
Bucherer Opens Rolex Boutique in Washington StateThe Rolex-owned retailer’s new 4,700-square-foot store’s façade honors the Pacific Northwest’s evergreen forests.
TrendsOct 29, 2026
Amanda's Style File: All Treats, No Tricks Get into the Halloween spirit with this roundup of 13 spooky jewels.
