The saga of Schwanke-Kasten Jewelers began in the fall of 1899. A trio of men named Charles J Kasten, Hans P. Alsted and G.E. G. Kuechle, worked for many years at Christian Preusser Jewelry Company, a firm established in Wisconsin in 1844. In the Summer of 1899, the three gentlemen, who were first and second vice-president and secretary, respectively, severed ties from the company, following the unexpected death of the “aged merchant” (1). They decided to go out and offer a “stock of Fine Diamonds, Watches, Novelties, Artistic Silverware, Cut Glass and Fine Stationary, such as has never before been attempted in Milwaukee and which will compare favorably with any exhibited in the East”. The trio formed Alsted-Kasten Company in November of 1899 on the corner of Milwaukee and Wisconsin Street in Downtown Milwaukee.
The trio quickly developed a reputation for displaying outstanding merchandise, among other interesting exhibitions, including a plaque relief of Mark Twain’s bust by John Marr, father of famous painter Carl von Marr (4) and Commodore Perry relics from the centennial celebration (5). For over a quarter of a century, Alsted-Kasten Company carefully built a reputation for prestige, quality, price and service (6). They sold everything from eyeglasses to sporting event tickets to fine silverware to stationary, in addition to the classic jewelry store staples of watches, diamonds and finished jewelry
William Schwanke, a watchmaker, began his operation in 1918, on Water Street in Milwaukee. In the spring of 1923, he moved the operation across the street from Alsted-Kasten, in 118 Wisconsin Street (7,8). Dubbed the “biggest little store” carrying a “complete line of diamonds, watches and jewelry” (9).
William Schwanke went on to become president of the Wisconsin Gem Society (Charles Kasten was vice-president) and the Milwaukee Lion’s Club and was one of the founding organizations in the American Gem Society (10), Alsted-Kasten later joined the AGS.
The Rivalry
Despite trying to squash “unfounded rumors”, Alsted-Kasten Co and William H Schwanke Jewelers, merged on November 21st, 1936. After 37 years, the long-rivaled jewelry firms merged and Schwanke-Kasten Jewelers as we know it today (18), Charles E. Kasten, Son of C.J. Kasten, would become President and handle the financial aspects of the business and William Schwanke would become Vice-President and handle the merchandising. This merge, in their words, ‘“will be more economical to operate the two stores under one roof.” Kasten said. “We will pass this economy along to consumer. Our stock now inventories at $150,000 and none of it is more than six-months old”’ (19). Following the merger, the newly minted Schwanke-Kasten Jewelers carried on their endless pursuit of maintaining high standards of quality and service”.
Shortly after the merge, William Schwanke, a Protestant, quietly married Mercedes Bradley, a Catholic, which was quite scandalous at the time (19aa). WWII began not long after. Schwanke-Kasten Jewelers sold war bonds at one point and closed on Saturdays during this unsettling time (19a-b). The firm created service insignia rings to commemorate the bravery of soldiers who fought, created a hidden heart ring for the “girl you left behind(19c-d). They ran an ad regarding dependable clocks that are set for victory.
Expert Purveyors in Excellence
In 1943, under the direction of Governor Goodland, the appointed John Dickinson oversaw a $7,500 budgeted directive to add a silver tea service and replace and refurbish any missing pieces to the original 35-piece set; ironically designed by Christian Preusser Jewelers, created in 1901. The original silver service set featured 1,552 ounces of hand-wrought silver and was delivered aboard the original USS Wisconsin to be used when hosting formal receptions and foreign dignitaries. While the original USS Wisconsin was decommissioned in the 1920’s, it was recommissioned in 1943. With recommissioning of the newly constructed USS Wisconsin, Schwanke-Kasten Jewelers worked with Gorham Co to create this nearly 450-ounce silver tea-set. It was wonderfully ornate; adorned with “symbolic badgers, pinecones, grain sheaves and the great seal of Wisconsin” (39, 40). The pieces included: a $1,215 tray, $925 hot water kettle, $575 coffee pot, $545 tea pot, $395 sugar bowl with a cover, $335 cream jug and a waste bowl or “slop” for $300. The rest of the budget went to replacing and refurbishing the missing pieces in the original set. In 1988, following the final re-commissioning of what was once the largest battleship in WWII, the 48-piece set was estimated to be worth around $500,000 (42).
In November of 1949, Schwanke-Kasten Jewelers celebrated 50 years in business. It offered a time to reflect and appreciate the development of this jewelry firm as an institution in Milwaukee. The firm’s tenets were reflected often in an ad that read as this:
“The belief that beauty is no mere accident to life but a positive necessity has made it possible to adhere steadfastly to the principles of fine craftsmanship through prosperity and depression, war and peace. Although there is a great deal of sham art to be had, such work is hurtful not only to the buyer but to the maker and seller as well. Because we are a business, we must of course make a reasonable profit if we are to survive; but we will lose money if we must, before we will dispense poor craftsmanship” (43).
This has been embodied for the following 75 years after the ad ran. Shortly after the celebration, Schwanke-Kasten Jewelers opened their “residential” store at 326 E Silver Spring Drive as one of the first tenants in the Fox Bay building (45).
Mr. Hans Kneyse, at this time was the only surviving member of the original firm at Alsted-Kasten Jewelers and served as vice-president at Schwanke-Kasten Jewelers (44). Shortly after the celebration, Schwanke-Kasten Jewelers opened their “residential” store at 326 E Silver Spring Drive as one of the first tenants in the Fox Bay building (45).
In addition to opening their residential location, Schwanke-Kasten Jewelers “moved up” to the mezzanine loft at 324 E Wisconsin St, a curious move at the time due to giving up a ground level storefront and moving across the street (54). The move was to create a modern, efficient and beautiful store to better cater to the clients shopping needs (56). This store was considered one of the most “finely appointed stores west of New York” (57).
In the spring of 1957, William Schwanke passed away from a battle with cancer at the age of 63 (58). He was survived by his wife, Mercedes Schwanke, who then ran the jewelry company, along with her sister Lola as secretary, and Malcom Dixon, her nephew, as a sales manager. Shortly after his passing, the firm closed and sold their downtown and consolidated their efforts at the Whitefish Bay location (57, 59). Mercedes Schwanke became a rare woman business owner during this time.
In the same year, Schwanke-Kasten Jewelers was one of 23 recipients of the Diamonds-International award for best brooch design. This handmade platinum “spray-pin” brooch featured 94 round diamonds, 11 navettes and seven baguettes diamonds that formed a five-petaled orange blossom (61-62). This one-of-a-kind piece was valued at $4,200 in 1957 (62).