Is Tiffany worth the price? I know part of the price is attributed to the brand but what about the quality and craftsmanship? Does it really command that much of a premium?

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Quality is there but one can argue easily that the brand name is where most of the $ comes from. Same is true for many luxury players though.

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Obviously their quality is high, but the premium you are paying is for the brand name. A diamond is a diamond, you can find the same carat/clarity/cut qualities at a local jeweler for much less money. Tiffany’s gold jewelry designs are very simple and replicated often, so you can also find those for much cheaper elsewhere. And finally, I don’t find their customer service to be all that great. Overall, it’s not worth the premium they charge in my opinion

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I'd say that it's worth whatever you're willing to spend on it and fits your budget.

Fine jewelry is neither a necessity nor is it actually useful/practical. So the value is all emotional/sentimental, so it's all up to you to assign "worth".

If we're thinking purely about price - clearly, a larger share of their revenues goes towards marketing than for smaller independent shops.

(Coming from someone who has a Tiffany ring.)

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Imo no, bc I think the design/objects are incredibly boring. If paying premium, the object should be exceptional and a perfect fit to your taste (as well as excellent craftsmanship).

Even if the craftsmanship is great, why drop so much on the same thing everyone else has?

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My jeweler sells his stuff to Tiffany and the slap their stamp in it. They mark up upwards of 300%

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