Appalled At Tiffanys!

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I love Tiffany as well, but know you are paying a premium for the name.

I have great silver rings that cost $20-30; however a plain silver one from Tiffany, in that little blue box, is about $150. It's all about the little blue box.... Lol
 
- divide the cost of the item by the number of times you wear it to find out what its worth/actual cost.

my Tiffany key was about $400, divided by number of times worn so far daily for 6 months roughly 180 = cost of it so far is $2.66 per year - what a bargain! so compared to a jacket I bought on sale last year which cost $40 and I have worn once - which means that its still sitting at $40 while the Tiffany's is at $2.66.

Not to nitpick but the math actually makes it $2.22 PER DAY to wear it for those six months. Personally I don't like to think of things this way because to me, it makes it seem more expensive...
 
acrowcounted said:
Not to nitpick but the math actually makes it $2.22 PER DAY to wear it for those six months. Personally I don't like to think of things this way because to me, it makes it seem more expensive...

Me too! I prefer to pay whatever it is that gets me what I want/love, then try to put the cost from my mind forever!!!
 
You are paying for the brand-whether its Tiffany, Cartier or LV, you will pay a lot more for any items in their stores.
As far as resale value: as Beachy said, you will decent price for it, if you were to ever sell it on Ebay. If you take it to regular jeweler, you will get barely anything. I would buy things from Tiffany only if its something unique that I can't get anywhere else
 
Agree with everyone here and I am usually not into branded jewelry, I'd get a pair of quality diamond studs or pearl studs from a non-branded jeweler but for the keys, or other gold pendants with a design, I won't buy anything other than the originals. I've looked at many key alternatives, not only in the U.S. but also in England and Ireland, and I haven't found one that compares to the tiffany's. So I say the design itself is worth it for me.
 
Thanks for the replies and advice everyone! I do agree with everyone though that the designs of tiffanys are original and absolutely gorgeous but i was just so incredibly shocked at the price mark-up. But one of my problems with buying things is that i'll buy and love it for a few months and never wear it again so right now i'm trying to decide just how much i love the key and whether i can see it as a timeless piece. But gotta say just can't stay away from that little blue box :D
 
Agree with everyone here and I am usually not into branded jewelry, I'd get a pair of quality diamond studs or pearl studs from a non-branded jeweler but for the keys, or other gold pendants with a design, I won't buy anything other than the originals. I've looked at many key alternatives, not only in the U.S. but also in England and Ireland, and I haven't found one that compares to the tiffany's. So I say the design itself is worth it for me.

Exactly, i looked around at quite a few places too and everything just seemed too tacky or trendy, nothing as elegant as classic as tiffanys
 
Um, yes, brand name jewellery costs more than simply its gold/gem weight - they're out to make a profit, yes? And they charge what the market will bear - which is $715.00 CAD. And jewellery has almost no value on the second hand market APART from it's gold/gem weight. It doesn't matter if it's T&Co, Cartier or jewellery from your local jeweller. I had a small pair of emerald and diamond earrings and they cost $2000.00 new from a local non-brand jeweller. I sold them for $300.00. That's jewellery. Go figure.

Remember too, you're not asking what is this piece worth for sale, retail. You're asking a couple of local jewellers what would you pay for this piece? Those jewellers might pay you $100 for it, and then put it in their shop window second hand for $300.00. When you ask someone the price of something, you're asking them what is this WORTH TO YOU. What would THAT PERSON pay for it. Which is different to what another would pay for it. You're paying $715.00CAD at T&Co retail because that's what a large number of other consumers are willing to pay for the piece. You've then turned around and are asking a few local jewellers what would THEY pay for it - you're trying to compare two completely different consumer markets.

I'd suggest you return the key and get the local jeweller to make something similar for less. :yes:

Very true, I totally forgot about the value to jeweler v.s value to another consumer and tiffany jewellry does seem to have pretty good resale value
 
Plus the CDN mark up makes it worse...are you going to the states anytime soon? Maybe return it and take a little trip there. that will save you the tax and the cost difference USA vs Canada.
 
I kinda figure it all comes out in the wash, depending on how you shop. I have a pair of large Roberto Coin diamond hoops my husband got me. They're beautiful but could he of gotten me ones with larger diamonds if he bought no name ones at the local jeweler? Yes. I also have a beautiful diamond pendant that is 1/2 carat with a halo around it, it's an Estate piece from our local jeweler and I got a tremendous price on it. Sometimes it nice to have that brand name and it's ok to pay for it and sometimes it's nice to get a bargain and when you wear them together they make each other look beautiful!
 
Plus the CDN mark up makes it worse...are you going to the states anytime soon? Maybe return it and take a little trip there. that will save you the tax and the cost difference USA vs Canada.

I was hoping that I might be able to go in May but since then I've decided to take a few summer courses and am working full-time that won't be happening and that's partly why i bought it last week........after eyeing it for a few good months haha
 
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