Kimpel’s Jewelry assets to be sold at court-ordered auction
COLUMBIANA – A family-owned jewelry store that has operated in the city at least half a decade is closed for business, and the Columbiana County Common Pleas Court has ordered a public auction to clear out the building.
The auction is scheduled for 10 a.m. May 23 at the Kimpel’s Jewelry at 111 S. Main St. and is being handled by Baer Auctioneers.
According to information on the Baer website, items to be auctioned off include custom made jewelry cabinets, portable glass jewelry lighted oak curio cabinet, jewelry display, small hand jewelry repair tools, jewelry boxes, sample box, Vigor jewelers lathe, and Suspended Image Jewelers benches of various sizes.
Also included in the sale are new Anniversary clocks, leather straight chairs, waiting room chairs, drawing desks, several maple knee hole desks, telephones, printers, and other office supplies.
All items sell without reservation to the highest bidder.
Ken Baer said the auction sign was placed in the business last week and that the owner of the 2,250-square-foot building is looking to re-rent the space. A sign posted above the building lists a phone number for anyone interested in the space, but the owner’s name is not listed.
The closure of the business and the auction is just another of the many steps in a process that began over the years after several complaints were lodged against the business -specifically, that owner William Kimpel would take items to sell on consignment but not return the money to the owner.
In August of last year county sheriff’s deputies were ordered by the court to forcibly enter the business and seize items in response to a lawsuit filed against the business by a Florida coin collector in 2014.
The collector, Michael Brown, claimed in the suit that he was swindled by Mr. Kimpel, who had told him that he could sell his rare coin collection for a significant profit. Brown turned over the collection valued at several thousand dollars, but never saw any money in return, and also never got his collection back.
The court order was the result of Kimpel’s failure to pay Brown $150,000 he owed.
Around the same time the court issued the order, Kimpel’s closed its doors to the public, with a sign posted on the front door stating the closure was “due to health issues of the staff and family.”
Another suit filed against the business, and Kimpel in particular, included one from his own former attorney, David Detec.
Detec claimed that he gave Kimpel his daughter’s wedding ring valued at $15,750 to sell on consignment, and Kimpel sold the ring but never gave him the money. The felony case was bound over to the Mahoning Grand Jury, which later determined there wasn’t enough evidence to indict him.
Another case included the business’ failure to pay taxes and penalties owed to the Treasury Department. In 2013, the department ordered the sale of the store’s inventory through auction to pay back the more than $300,000 in taxes and penalties owed.