Could stand for the actual store that carried the jewelry? STEERS, ROEBUCK & Co. It is my undestanding thst some of the more exclusive department stores that carry fine jewelry, also include their mark. Ie. BIRKS
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The Sears, Roebuck and Company Department Store in Miami, Florida by: Rebecca
Terri as you mention Sears Roebuck in the title, I'm guessing that your aunt purchased the gold bangle from Sears, Roebuck and Company Department Store in Miami, Florida in the early 1930s?
Regards Rebecca Antique Jewelry Investor Support Team