Author Topic: Tiffany "Everyday Objects"  (Read 6650 times)

Barben

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Tiffany "Everyday Objects"
« on: November 07, 2017, 11:17:10 AM »
http://www.tiffany.com/accessories/everyday-objects

I saw this on Bloomberg and had to share.  Tiffany is running an "Everyday Objects" collection.  The collection includes practical things, but made of sterling silver.

Highlights include a $1,000 "tin can," a $750 marker, a $425 protractor (for some reason), and a $250 crazy straw.

What a time to be alive.

honeybbq

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Re: Tiffany "Everyday Objects"
« Reply #1 on: November 07, 2017, 11:39:28 AM »
The link does not seem to work?

But that sounds crazy. There are starving children in the world and this is what we do?

Chesleygirl

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Re: Tiffany "Everyday Objects"
« Reply #2 on: November 07, 2017, 11:48:42 AM »
Some people buy silver and gold objects as investments.  I have considered buying some gold bars. I also keep all of my sterling silver jewelry.

Cranky

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Re: Tiffany "Everyday Objects"
« Reply #3 on: November 07, 2017, 11:54:01 AM »
Conspicuous consumption.

Roe

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Re: Tiffany "Everyday Objects"
« Reply #4 on: November 07, 2017, 01:47:14 PM »
"Hey guys, I was thinking. This silver thread we make stuff out of, doesn't it kinda look like yarn? What if we...."

Boom, employee of the year.


CogentCap

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Re: Tiffany "Everyday Objects"
« Reply #5 on: November 07, 2017, 03:09:36 PM »
I gotta say, the idea of a silver protractor kinda gets my geek up.  I mean, if it's functional.  Sorta makes me wanna post on the "what's the stupidest thing you're lusting after right now" thread...mapping circles has never been shinier (or spendier)

fattest_foot

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Re: Tiffany "Everyday Objects"
« Reply #6 on: November 07, 2017, 03:28:30 PM »
"Hey guys, I was thinking. This silver thread we make stuff out of, doesn't it kinda look like yarn? What if we...."

Boom, employee of the year.



Don't leave out the best part. The ball of yarn costs $15,000.

penguintroopers

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Re: Tiffany "Everyday Objects"
« Reply #7 on: November 07, 2017, 03:34:37 PM »
"Hey guys, I was thinking. This silver thread we make stuff out of, doesn't it kinda look like yarn? What if we...."

Boom, employee of the year.



Don't leave out the best part. The ball of yarn costs $15,000.

Ya know, "everyday"

Never mind the fact that ball of yarn can't take me to work.

jinga nation

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Re: Tiffany "Everyday Objects"
« Reply #8 on: November 07, 2017, 06:25:11 PM »
Why do I have a yearning to pee in that tin can?
Maybe primal instinct?

Anyone else?

Just Joe

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Re: Tiffany "Everyday Objects"
« Reply #9 on: November 07, 2017, 09:12:39 PM »
I want to store nails in it or mix paint in it...

Ynari

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Re: Tiffany "Everyday Objects"
« Reply #10 on: November 07, 2017, 09:15:43 PM »
A lot of this feels like stuff extraordinarily rich people would buy as gifts for a teacher. Tempting to tutor a rich family's kid to get that apple box or something, but then I'd be afraid of touching it. xD

Khaetra

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Re: Tiffany "Everyday Objects"
« Reply #11 on: November 08, 2017, 05:50:14 AM »
The yarn is only $9k and actually I kind of like it.  I won't buy it of course, but I like it.

I'm a red panda

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Re: Tiffany "Everyday Objects"
« Reply #12 on: November 08, 2017, 05:56:56 AM »
If my net worth had 3 commas instead of 2, I would own that yarn. It's gorgeous.

okits

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Re: Tiffany "Everyday Objects"
« Reply #13 on: November 08, 2017, 06:12:38 AM »
If my net worth had 3 commas instead of 2, I would own that yarn. It's gorgeous.

Someone on Etsy can make it for you for way less than $9k. 

I'm a red panda

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Re: Tiffany "Everyday Objects"
« Reply #14 on: November 08, 2017, 06:37:58 AM »
If my net worth had 3 commas instead of 2, I would own that yarn. It's gorgeous.

Someone on Etsy can make it for you for way less than $9k.

OK. When I'm in the market for a silver ball of yarn, I'll check Etsy first.

okits

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Re: Tiffany "Everyday Objects"
« Reply #15 on: November 08, 2017, 06:56:18 AM »
If my net worth had 3 commas instead of 2, I would own that yarn. It's gorgeous.

Someone on Etsy can make it for you for way less than $9k.

OK. When I'm in the market for a silver ball of yarn, I'll check Etsy first.

See if the seller will perversely add a "Tiffany blue" strand in there.  :)

(When we got our wedding rings made, I asked for a "surprise sapphire" inside the band - I think Birks charges an extra $300 or something like that.  The jeweller briefly laughed at my foolishness and then told us it was an extra $10 for that.)

Dicey

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Re: Tiffany "Everyday Objects"
« Reply #16 on: November 08, 2017, 07:34:49 AM »
Since i moved to my area, a Tiffany and a Neiman Marcus have been built. I've been in MN twice for charity events, and never set foot in Tiffany.

Contrast to my younger self in my spendy(ish) youth. There was a NM down the street from me in Beverly Hills. I actually had their credit card and used it! Of course, I never ran a balance, but still. I was always careful about what I bought, but man, I did shop there regularly. Sheesh.

MrsDinero

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Re: Tiffany "Everyday Objects"
« Reply #17 on: November 08, 2017, 07:40:23 AM »
"Hey guys, I was thinking. This silver thread we make stuff out of, doesn't it kinda look like yarn? What if we...."

Boom, employee of the year.



Don't leave out the best part. The ball of yarn costs $15,000.

LOL!  This has been making the rounds on the crochet/knit FB groups I'm a member of.  I'm happy to say they have been happily making fun of it too.

ETA:  I've seen a couple of "knock offs" recently pop up on Etsy at a much MUCH more reasonable price.
« Last Edit: November 08, 2017, 08:36:09 AM by MrsDinero »

Just Joe

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Re: Tiffany "Everyday Objects"
« Reply #18 on: November 08, 2017, 08:23:02 AM »
As much as I can admire the silver yard, and as effective as I know the marketing program will be for them (getting people all over the web to talk about the brand) - all that screams over priced retailer by my yard stick. What else do they charge a little too much for? Socks? underwear? Perfume?

Still having fun looking at these nonsense items and know they'll likely sell a bunch to trophy shoppers. More power to them.

Honestly have never visited any of these brand stores. Seems like it would be fun to stroll through next time we visit the city.

TheGrimSqueaker

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Re: Tiffany "Everyday Objects"
« Reply #19 on: November 08, 2017, 11:48:55 AM »
Since i moved to my area, a Tiffany and a Neiman Marcus have been built. I've been in MN twice for charity events, and never set foot in Tiffany.

Contrast to my younger self in my spendy(ish) youth. There was a NM down the street from me in Beverly Hills. I actually had their credit card and used it! Of course, I never ran a balance, but still. I was always careful about what I bought, but man, I did shop there regularly. Sheesh.

There's no Tiffany in my neck of the woods, and it's probably just as well. I'd probably try to get thrown out of it on purpose.

I'm a red panda

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Re: Tiffany "Everyday Objects"
« Reply #20 on: November 08, 2017, 11:54:13 AM »
As much as I can admire the silver yard, and as effective as I know the marketing program will be for them (getting people all over the web to talk about the brand) - all that screams over priced retailer by my yard stick. What else do they charge a little too much for? Socks? underwear? Perfume?

Still having fun looking at these nonsense items and know they'll likely sell a bunch to trophy shoppers. More power to them.

Honestly have never visited any of these brand stores. Seems like it would be fun to stroll through next time we visit the city.
Tiffany is not a department store. They don't sell socks and perfumes (edit. I'm wrong they do have "fragrance"). They are known for their diamonds and silver. Basically a very high end jewelry store with some lifestyle extras.

Nothing there is meant to be affordable. You are paying for the name and the famous eggshell blue box.
« Last Edit: November 08, 2017, 11:56:11 AM by iowajes »

Inaya

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Re: Tiffany "Everyday Objects"
« Reply #21 on: November 08, 2017, 12:06:08 PM »
Anyone else mad that the yoyo is not strung with the silver yarn? What a ripoff.

Chesleygirl

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Re: Tiffany "Everyday Objects"
« Reply #22 on: November 08, 2017, 12:13:36 PM »
As much as I can admire the silver yard, and as effective as I know the marketing program will be for them (getting people all over the web to talk about the brand) - all that screams over priced retailer by my yard stick. What else do they charge a little too much for? Socks? underwear? Perfume?

Still having fun looking at these nonsense items and know they'll likely sell a bunch to trophy shoppers. More power to them.

Honestly have never visited any of these brand stores. Seems like it would be fun to stroll through next time we visit the city.
Tiffany is not a department store. They don't sell socks and perfumes (edit. I'm wrong they do have "fragrance"). They are known for their diamonds and silver. Basically a very high end jewelry store with some lifestyle extras.

Nothing there is meant to be affordable. You are paying for the name and the famous eggshell blue box.

Right. It's a store for rich people.

I did not think about this until now. When my spouse and I first got married, we weren't making lots of money. He had an internship making about $16 an hour and I worked as an admin assistant. I found out he loaned $300 to a friend of his, to buy some expensive trinket at Tiffany's for his wife. And it had been three months and the friend still hadn't repaid the money, and seemed to have forgotten about it. I was furious, especially because the money had gone to something so stupid. And his friend who borrowed the $300 had a job earning six figures and they only had one child. That's what I don't understand. But I suppose people in that income range can still live paycheck to paycheck.

Just Joe

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Re: Tiffany "Everyday Objects"
« Reply #23 on: November 09, 2017, 08:40:53 AM »
The closest I ever got to Tiffany was when she sat in the seat in front of me on the school bus...  Never been in one of those stores nor do I know anyone who has been in one of those stores. I'm learning!

Cali Nonya

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Re: Tiffany "Everyday Objects"
« Reply #24 on: November 09, 2017, 09:54:15 AM »
As a fan of the art of Louis Comfort Tiffany, who had the vision that beauty and aesthetics could be brought to everyday life (and be available to the working class, not just the elite), this line is a shame to see how the vision of Tiffany and Co. has changed through time.  High dollar common items are inline with (what I think is the lack of art) of Jeff Koons.
« Last Edit: November 09, 2017, 11:58:49 AM by Cali Nonya »

JetBlast

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Re: Tiffany "Everyday Objects"
« Reply #25 on: November 09, 2017, 11:50:55 AM »
If there were a Tiffany & Co in my area Id go in just to say I saw a $15,000 birds nest or $1,000 tin can. Wouldnt buy them of course, but maybe seeing it in person Id understand why someone would find it desirable to own.

squirrel

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Re: Tiffany "Everyday Objects"
« Reply #26 on: November 09, 2017, 02:14:46 PM »
No one just "leaves" a ball of yarn unattended like that without secretly wishing for a beautiful silver kitten to "play" with it, come on - these objects need context, Tiffany!

one piece at a time

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Re: Tiffany "Everyday Objects"
« Reply #27 on: November 09, 2017, 02:20:21 PM »
That silver ball of thread would be a nightmare to own. Silver corrodes and you need staff to polish it. How are your staff supposed to polish that?

Platinum, white gold, or stainless steel.

...or solder (so you consume it)!

Just Joe

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Re: Tiffany "Everyday Objects"
« Reply #28 on: November 09, 2017, 03:14:20 PM »
Silly! You need to buy that machine that unrolls it, cleans it, and then rolls it back up. Also available is a special cleaning agent for this machine. And another that repels dust. And another that controls static buildup. And finally a fourth solution that repels kittens and small children who might want to play with this ball of yarn.

In 2018 there will be special golden knitting needles, a hard back pattern book, and a special chair and lamp for Tiffany customers who like to knit.

RetiredAt63

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Re: Tiffany "Everyday Objects"
« Reply #29 on: November 09, 2017, 03:16:18 PM »

JAYSLOL

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Re: Tiffany "Everyday Objects"
« Reply #30 on: November 12, 2017, 11:12:21 AM »
Of course, if you just wanted something shiny and silver, for the price of that ball of yarn you could buy like 50lbs of pure silver in coins and bars.  Im guessing that ball doesn't weigh anywhere close to that much

Indexer

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Re: Tiffany "Everyday Objects"
« Reply #31 on: November 12, 2017, 03:47:38 PM »
This page hurts to look at.

WHO spends this amount of money on these items and how do they justify these prices?

$1,500 for a coffee can. That defeats the point. You only use a coffee can for holding things because it's convenient and free(you were going to buy the coffee anyway).

$1,950 for a flask shaped like a fish? Who even wants that, yet alone for $1,950?!?!? You can buy a customized nice flask for $50. I feel like the market for this item is a total of 1 person, the person who designed it. No one else wants it. The group of people who want a fish flask is so small I highly doubt there are people who would pay for $1,950 fish flasks.

Cali Nonya

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Re: Tiffany "Everyday Objects"
« Reply #32 on: November 12, 2017, 04:17:41 PM »
This page hurts to look at.

WHO spends this amount of money on these items and how do they justify these prices?

$1,500 for a coffee can. That defeats the point. You only use a coffee can for holding things because it's convenient and free(you were going to buy the coffee anyway).

$1,950 for a flask shaped like a fish? Who even wants that, yet alone for $1,950?!?!? You can buy a customized nice flask for $50. I feel like the market for this item is a total of 1 person, the person who designed it. No one else wants it. The group of people who want a fish flask is so small I highly doubt there are people who would pay for $1,950 fish flasks.

Tiffany and Co (TIF)
Market Cap: 11.4B

There clearly is a market for these items.

Huh, looking into it TIF stock price has been suppressed since the election due to the co-location in Trump tower, though sales are starting to return.  Might actually be a buy opportunity, *we* might think this is crazy sh*t, but they might just be on to something.  Who can really explain the current zeitgeist?  Maybe it is a crazy expensive coffee-can for your desk?

\_(ツ)_/

tralfamadorian

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Re: Tiffany "Everyday Objects"
« Reply #33 on: November 12, 2017, 05:23:26 PM »
If my net worth had 3 commas instead of 2, I would own that yarn. It's gorgeous.

Someone on Etsy can make it for you for way less than $9k.

OK. When I'm in the market for a silver ball of yarn, I'll check Etsy first.

Or, you know, DIY it with 100 ft of this (~$50):
https://www.riogrande.com/product/Sterling-Silver-Round-Wire-26-Ga-Dead-Soft/100326

and this ($3.99):
http://www.michaels.com/floracraft-styrofoam-ball-white/M10553321.html

I'm a red panda

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Re: Tiffany "Everyday Objects"
« Reply #34 on: November 12, 2017, 05:40:54 PM »
If my net worth had 3 commas instead of 2, I would own that yarn. It's gorgeous.

Someone on Etsy can make it for you for way less than $9k.

OK. When I'm in the market for a silver ball of yarn, I'll check Etsy first.

Or, you know, DIY it with 100 ft of this (~$50):
https://www.riogrande.com/product/Sterling-Silver-Round-Wire-26-Ga-Dead-Soft/100326

and this ($3.99):
http://www.michaels.com/floracraft-styrofoam-ball-white/M10553321.html
You'd also likely need some sort of machine to ply the silver. No way you could get an even 2 ply by hand.

marble_faun

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Re: Tiffany "Everyday Objects"
« Reply #35 on: November 12, 2017, 05:55:29 PM »
My impression is that Tiffany wants to appeal to millennials. 

Consumer goods that were de rigeur (or at last aspirational) for middle/upper-class folks a generation ago are now considered a little stuffy.  People in this demographic are veering away from the idea that you need a set of fancy china and good silver be a full-fledged adult. Formal entertaining is on the decline.  People aren't putting $150 dessert forks on their wedding registries so much anymore. 

(Of course, a lot of folks can't afford the sterling sets anyway, but this is more about people who *could* afford it -- to either get for themselves or give as gifts -- but no longer want to.)

This new Tiffany collection is novel. The objects are a little weird and fun.  They are the opposite of stuffy -- they are common things that gesture to workaday life (coffee cup, plain bookends) or childhood. Instead of grandiose diamond jewelry or ornate sterling utensils (perhaps seen as matronly), you can now get a yoyo or a ruler.  Some of the promo text emphasizes that you can use these Tiffany things as a normal part of your life, rather than saving them for special occasions. 

The collection also seems designed to go viral. Even people like ourselves, who would probably ignore these kinds of goods, are now talking about them and considering visiting the store to see the marvels in person.  Sure, probably we won't buy anything, but even just raising awareness is a win for Tiffany.


Strangely, I myself own an "everyday object" by Tiffany (though not from this collection). It's a magnifying glass with a sterling handle given to me as a gift years ago.  I do treasure it and love having opportunities to use it. It feels special and fun to take this ultra luxury item out its fancy pouch just to magnify things.  Would I buy it myself?  No, but I totally get the appeal!

JAYSLOL

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Re: Tiffany "Everyday Objects"
« Reply #36 on: November 12, 2017, 06:04:56 PM »
If my net worth had 3 commas instead of 2, I would own that yarn. It's gorgeous.

Someone on Etsy can make it for you for way less than $9k.

OK. When I'm in the market for a silver ball of yarn, I'll check Etsy first.

Or, you know, DIY it with 100 ft of this (~$50):
https://www.riogrande.com/product/Sterling-Silver-Round-Wire-26-Ga-Dead-Soft/100326

and this ($3.99):
http://www.michaels.com/floracraft-styrofoam-ball-white/M10553321.html

26ga is ridiculously thin, like only 6-8 times the thickness of a human hair thin.  You'd need closer to like 4-6ga to replicate that ball of yarn, which would start to get a lot more expensive (still way cheaper than Tiffany obviously)

tralfamadorian

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Re: Tiffany "Everyday Objects"
« Reply #37 on: November 12, 2017, 06:09:57 PM »
You'd also likely need some sort of machine to ply the silver. No way you could get an even 2 ply by hand.

It appears to be a very loose 3-ply. Could you ply dead soft 26ga by hand?  Sure.  But it would be faster with a dremel and a vise (I presumed that these were available for our theoretical Tiffany copycat ball).


...You'd need closer to like 4-6ga...

I'm sorry but that's just not true unless I sorely misjudged the size of that ball and it's like a beach ball or something.
« Last Edit: November 12, 2017, 06:15:09 PM by tralfamadorian »

The Guru

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Re: Tiffany "Everyday Objects"
« Reply #38 on: November 13, 2017, 06:08:29 AM »
"Hey guys, I was thinking. This silver thread we make stuff out of, doesn't it kinda look like yarn? What if we...."

Boom, employee of the year.



Imagine the cat's surprise...

penguintroopers

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Re: Tiffany "Everyday Objects"
« Reply #39 on: November 13, 2017, 08:18:50 AM »
My impression is that Tiffany wants to appeal to millennials. 

Consumer goods that were de rigeur (or at last aspirational) for middle/upper-class folks a generation ago are now considered a little stuffy.  People in this demographic are veering away from the idea that you need a set of fancy china and good silver be a full-fledged adult. Formal entertaining is on the decline.  People aren't putting $150 dessert forks on their wedding registries so much anymore. 

(Of course, a lot of folks can't afford the sterling sets anyway, but this is more about people who *could* afford it -- to either get for themselves or give as gifts -- but no longer want to.)

This new Tiffany collection is novel. The objects are a little weird and fun.  They are the opposite of stuffy -- they are common things that gesture to workaday life (coffee cup, plain bookends) or childhood. Instead of grandiose diamond jewelry or ornate sterling utensils (perhaps seen as matronly), you can now get a yoyo or a ruler.  Some of the promo text emphasizes that you can use these Tiffany things as a normal part of your life, rather than saving them for special occasions. 

The collection also seems designed to go viral. Even people like ourselves, who would probably ignore these kinds of goods, are now talking about them and considering visiting the store to see the marvels in person.  Sure, probably we won't buy anything, but even just raising awareness is a win for Tiffany.


Strangely, I myself own an "everyday object" by Tiffany (though not from this collection). It's a magnifying glass with a sterling handle given to me as a gift years ago.  I do treasure it and love having opportunities to use it. It feels special and fun to take this ultra luxury item out its fancy pouch just to magnify things.  Would I buy it myself?  No, but I totally get the appeal!

Millennial here. I must have missed a memo because I don't understand the appeal at all.

I'm a red panda

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Re: Tiffany "Everyday Objects"
« Reply #40 on: November 13, 2017, 08:43:44 AM »
Isn't stuff like this targeted to people older than most millenials?

I thought millenials are unlikely to have "knick knacks" in their homes?

Whereas the new cafes in the Tiffany stores, and their lifestyle collection like purses are almost certainly targeted at millenials.

marble_faun

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Re: Tiffany "Everyday Objects"
« Reply #41 on: November 13, 2017, 09:32:14 AM »
Isn't stuff like this targeted to people older than most millenials?

I thought millenials are unlikely to have "knick knacks" in their homes?

Whereas the new cafes in the Tiffany stores, and their lifestyle collection like purses are almost certainly targeted at millenials.

Well, it seems part of an overall strategy to attract the next generation of affluent consumers, along with the other tactics you mentioned.

The Everyday Objects include clips for fixie bikes and Chinese take-out boxes, stereotypical props of a young urban lifestyle. Most of the objects have a streamlined, minimalistic appearance. The whole thing seems vaguely hip and humorous -- like things people might want to suit the modern decor of their Brooklyn walk-up (or to give as gifts to those in that demographic). 

Also, a lot of the items in this collection aren't insanely expensive compared to a lot of Tiffany items.  The $9,000 ball of yarn is pretty wild, but some of the items are more entry-level and could help Tiffany draw in new customers, habituating more youngish people to shopping there.

I'm not praising the luxury brand mentality, but this whole thing may be marketing genius.

ROF Expat

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Re: Tiffany "Everyday Objects"
« Reply #42 on: November 13, 2017, 10:38:47 AM »
I have a few pairs of Tiffany cufflinks that have been given to me over the years.  I wouldn't buy them for myself, but I do like them.  Of course, since I FIREd, about a year ago, I've been invited to exactly three events where I might want to wear cufflinks...

I enjoy buying jewelry for my spouse, but I've never really understood the appeal of most Tiffany jewelry, particularly the diamond jewelry.  Diamonds are pretty much just a commodity, and you can buy a GIA certified diamond that will be everything the Tiffany diamond is for a lot less.  I just can't see paying thousands of dollars for what amounts to a blue box.  I find colored gemstones to be a lot more interesting than diamonds in any case. 

I know it falls into the category of stupid things to lust after, but I would love to have an original Louis Comfort Tiffany dragonfly lamp.  But since the cost of that lamp would probably pay for my child's University tution and expenses for four years, I suspect that's where the money will go. 



sbagirl

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Re: Tiffany "Everyday Objects"
« Reply #43 on: November 17, 2017, 07:18:48 AM »
My personal favorite -- the sterling silver monkey straw for $425:  http://tinyurl.com/monkeystraw

I discovered this a number of years ago when I was given a $100 Tiffany gift card and was looking at the site to see if there was anything I wanted.  There wasn't, and I ended up selling the gift card on ebay for around $80.

Kitsunegari

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Re: Tiffany "Everyday Objects"
« Reply #44 on: November 17, 2017, 09:52:45 AM »
I think some items are created for the buzz (who needs a 10k decorative nest?) while some actually have a market. Especially as gifts or "little treats"... Look at those magnifying glasses: you can now give to your MIL a present that will insult her, but of which she can`t really complain, being Tiffany and all!
And I personally find the ruler cute, altho not 450$ cute.