Wednesday, October 26, 2011

Beyond Inflation

This little picture almost made me fall out of my seat. I am seriously in disbelief that this Tiffany & Co. silver heart tag bracelet is now $245!!!!! When I was in college, this bracelet retailed for $90. I bought it for myself and wore it for years. In 1998 when I started working at Tiffany, the price was $110. A few months in, the price increased to $125.


This bracelet was so popular during the 4 years I worked there, we spent most of our down time pre-wrapping them so we always had them on hand. We sold anywhere from 20-75 a day. It got to a point where I was wondering who was left in Miami that didn't already own one. At some point, the price went up to $135 and I was horrified but it didn't stop the sales. I left the store in 2002 and even though the price of silver has certainly gone up, I am feeling sorry for the teenagers who will have to save so much longer to afford this little bracelet!!!


These days, mine is gold and in my usual fashion, I cannot decide on a monogram to get it engraved, so the heart dangles free and clear of a fancy kPa. Maybe I was thinking if I waited long enough, I could put my married initials on it..that must be it.!


Photo via Matchbook Magazine

6 comments:

Let The Tide Pull Your Dreams Ashore said...

I had one in high school and I think it wa sundaer $100...I mentioned you in my post today! xx

My Life as A Plate said...

Omg $245!!! I cannot believe that!!! I would imagine a lot fewer girls/women will be getting this compared to when it was $90 YIKES!

a. said...

WOW! I have the heart one (un-engraved too!) and the disk "return to..." - I know I bought them for around $125 - if that!

CDS said...

That is CRAZY! I got my first one in college, I have a total of 3 as my 2 others were bridesmaids gifts. Only one is engraved...I should get the others done too. xoxo

BAH said...

Wow. I got mine as a birthday gift in high school and I'm pretty sure it was around $175 at the time. I was literally talking to a girl at work today about how much Tiffany inflates their prices. I have a simple silver band with a teeny tiny diamond that my parents bought me my senior year of high school for about $200 ... it is now $350!!!

JMW said...

Wow, what an inflated price! Although, I visited Tiffany's site recently and was taken aback at some of the prices on the lower-end items. Sign of the times, I guess.