Updated on Tuesday May 14, 2024: If you’re holding your breath for Tiffany & Co.’s Memorial Day sale to arrive this holiday weekend then it’s best you start breathing — It’s not coming. Tiffany is one of a handful of brands, such as Louis Vuitton, Chanel, Gucci and Rolex, that never has any promotional pricing. No Black Friday sales, no Cyber Monday sales or any other types of clearance events.

Why Are There No Discounts?

High-end luxury brands have a few things in common: (1) they are not made for the masses; (2) the upmost effort is put into the quality and finish of the final product; (3) they have some of the best designers in the world that design and create their pieces; (4) these companies stand by their brand with worry-free warrantees; and (5) they have excellent post-purchase support, often including free lifetime cleaning services. In short, you get what you pay for. Anyone that receives something shinny from Tiffany’s should feel special because of the effort that goes into the making of every single item.

But Wait, There’s Good News!

Although not widely advertised, discounts at Tiffany actually do exist. Tiffany offers 10% off the retail price on all engagement rings and wedding bands for active duty, reservists and veterans of the U.S. Armed Forces as a “thank you” for serving our country. As quoted on their site, “those eligible for the discount include fiancés, domestic partners, wives and husbands, even if their U.S. military partner is stationed overseas and unable to come into the store.” Just keep in mind that the offer only applies to engagement rings and wedding bands to those who qualify and can show proof of eligibility — If you’re planning on buying anything else, such as a necklace or bracelet, or you are in the military of a country other than the United States, then unfortunately you’ll need to pay the retail price just like the rest of us.

There’s also a rumor that Tiffany & Co. employees are eligible for an employee discount — We’ve read that it’s as much as 30% off everything except diamonds and even up to 50% off on a certain number of items per year. However, we were unable to independently verify this estimate with an employee directly so this may or may not be entirely true.

Buy Now, Upgrade Later.

OK, so you’re not in the military and don’t have a friend that works at a Tiffany store, and you’re low on cash, but you or your fiancée are still dreaming of that Tiffany ring… what to do? You may want to take a look at Tiffany’s upgrade policy. While it’s not technically a “buy-back” program, Tiffany will take back and let you upgrade any previously purchased, eligible engagement ring for store credit that you can use on a purchase of a new ring. That means you can buy what you can afford today and save up for something bigger and better in the future. Just keep in mind that if you qualify, they will give credit that is equal to your original purchase price, not for the current price of that exact same ring. And as you probably can guess, prices historically go up just about every year.

Comments

What are some of your favorite jewelry pieces at Tiffany? Are you planning on buying for yourself or for your significant other? Let us know in the comments below!

Literally once the clock strikes midnight on Christmas day is when we begin getting bombarded with all the after Christmas sales emails. But one that won’t be coming this year is from Tiffany & Co.

Will Tiffany Run An After Christmas Sale?

The short answer is no. There will not be an after Christmas sale at Tiffany’s this year. In fact, Tiffany is one of the handful of stores that has a policy of no discounting, ever. Not on Black Friday, Cyber Monday or any other day of the year. The same goes for many of the other high-end brands such as Louis Vuitton, Chanel, Hermes and Prada.

Why No Sales?

Tiffany does this to maintain high brand value and to keep a perception of exclusivity. Tiffany products are expensive and the high prices make their jewelry “special”, something that’s not marketed for the masses.

You’re also paying for top quality materials and design. A lot goes into making each piece perfect so you know that everything that’s in their little blue box is made to the upmost top standards. Tiffany collaborates with some of the most sought after designers in the world. That’s what helps make their jewelry so desired.

Can I Still Find a Bargain on Tiffany Jewelry?

There’s really just two ways to save on Tiffany jewelry. One way is buying used. If you do a quick Google search then you’ll find may different third party site selling used Tiffany pieces. But that’s risky as you can easily end up with a counterfeit product or something that’s been abused by the previous owner. I wouldn’t recommend going down this route.

You’re second option is go with silver as opposed to gold or platinum. Tiffany offers many of their best sellers in several different materials and the difference in price is often substantial. For example, the Heart Tag Bracelet seen below costs $3700 in 18k gold but $335 when finished in silver. That’s more than a 10x difference in price!

Another thing to be aware of at Tiffany is their upgrade policy. Certain Tiffany engagement rings and other jewelry can be returned back to the store and you’ll be given credit equal to your original purchase price that you can use towards another piece of jewelry. So lets say you can’t afford that perfect engagement ring today, you can buy something that’s less expensive today and just exchange it for something nicer a few years down the road. Be sure to talk to a store representative for offer details and terms.

Prices Are On The Rise

Year after year, we’ve noticed that prices are on the rise. The changes may be subtle but are definitely there. Back on May 18th last year Eric, one of the members of our team here at Blacker Friday, purchased the Tiffany Soleste ring and an engagement ring for his then fiancé (they are now happily married!). Back then the ring, which is finished in platinum with a .70-carat aquamarine and diamonds, cost $5800 (on May 15, 2018). Then when we checked on December 5, 2019, the exact same ring cost $6000. As of December 17, 2020 the price was $6400, and as of December 25, 2023 the price is $8500.

So even though you are paying full price today, in a few years from now it’s quite possible that whatever you purchase will look like a bargain.

Comments

What are you planning on picking up a Tiffany’s? Are you shopping for yourself or a loved one? Let us know in the comments below.

Tiffany’s Cyber Monday 2024 Sale – What to Expect

If you’re wondering when exactly Tiffany runs their sales… then we’re sad to say, they never do. Not on Black Friday. Not on Cyber Monday. Simply, never.

But maybe that’s not a bad thing. Whoever is on your receiving end, whether it’s your wife, girlfriend, mom, or niece, no other jewelry is as special as the one that comes in that little blue box. And for you, you don’t ever have to have that buyers remorse that happens so often when just after we buy something, the same thing goes on sale. That will never happen at Tiffany’s.

However, if you’re one of those folks, like me, that is so deeply programed to shop only when there’s a mega good discount, then be sure to check out the other jewelry stores that we’re watching over the long Thanksgiving weekend. That includes Zales, Kay, Jared, and Pandora.

Comments

What Tiffany’s jewelry are you you looking to get? Maybe something from my favorite collection, the “Return to Tiffany” in rose gold. Let us know in the comments below.